
"Occidental is getting the Buffett bid. OXY is your ticker, higher by 1.4% this morning, trading just shy of $48 a share. This is coming after the long-rumored deal between Occidental and Berkshire Hathaway for Occidental's petrochemical unit for around the tune of about $10 billion."
The commentary provides meaningful investor color on Occidental (OXY) as it garners interest from Buffett and is involved in a major deal involving its petrochemical unit, OxyChem. This connection with Berkshire Hathaway offers a bullish narrative despite the modest price move.
Nike Gains; Occidental Petrochemical Talks; Pfizer Price Cuts
October 1, 2025
Company Opinion