Occidental Petroleum Corporation (NYSE:OXY) is one of the 10 Best Oil and Gas Stocks to Buy Now. On May 9, JPMorgan lowered ...

In fact, demand growth in 2025 is expected to be at its lowest level since 2001, excluding the Covid-19 pandemic and global financial crisis, says S&P Global.

The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...

Global rig count hits 20-year low, signaling tighter oil supply and possible price surge. Stocks like Diamondback, Coterra, EOG and Occidental poised to benefit from efficient, low-cost production ...

Occidental Petroleum Corporation (NYSE:OXY) plans to maintain a five-rig program within its CrownRock assets through 2025, aiming for mid-single-digit production growth.

OXY's Oil and Gas Segment to Receive Majority of CapEx Budget ... They will operate 24 gross drilling rigs (16 net rigs) and are forecast to bring 500 to 550 new wells online.

The Occidental Petroleum Corp.’s $12-billion acquisition of the Midland-based CrownRock Corp. was a major factor in Oxy’s second quarter performance, which featured its highest production in ...

Occidental Petroleum Surges with Record Production and Strategic Cost Reductions in Q2 2024. ... the rigs slightly decreased to 23, ... Buy oxy when oil hit $50 . Getting closer. Reply. Like (1) g.