Occidental Petroleum Corporation (NYSE:OXY) is a prominent player in the oil and gas industry, headquartered in Texas. The company is known for its efficient production processes and its pioneering efforts in carbon capture and storage technology. This makes Occidental a notable entity in the energy sector, despite not having the largest market capitalization among its peers.
On October 24, 2025, Marjorie Taylor Greene made a purchase transaction involving shares of Occidental Petroleum, valued between $1,001 and $15,000. This transaction aligns with the interest shown by other investors, such as QSM Asset Management Ltd, which acquired 221,760 shares valued at approximately $10.31 million during the third quarter of 2025. This acquisition represents 7.37% of QSM's reportable assets under management.
Occidental's appeal is further highlighted by Warren Buffett's Berkshire Hathaway, which holds a 27% stake in the company. Buffett's confidence in Occidental is evident, as he plans to maintain this investment indefinitely. This endorsement underscores the potential value and stability of Occidental Petroleum as an investment opportunity.
Currently, Occidental's stock price is $40.77, reflecting a slight decrease of 0.16% or $0.065. The stock has traded between $40.51 and $41.12 today, with a market capitalization of approximately $40.13 billion. Over the past year, the stock has seen a high of $53.20 and a low of $34.78, indicating some volatility in its performance.
