Current OXY Stock Info

Oxy has invested $2 billion in the Permian
Occidental Petroleum (ticker: OXY) announced Monday ahead of its third-quarter earnings call that the company acquired producing and non-producing leasehold acreage in the Permian Basin from private sellers for approximately $2 billion. During OXY’s conference call today, it became clear that the company plans to use its Permian acreage as the benchmark for its operations globally.

While speaking about the company’s core international assets in Abu Dhabi, Qatar, Oman and Columbia, Occidental Presi...

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