Occidental Petroleum Corporation (OXY) is an international oil and gas exploration and production company with operations primarily in the United States, the Middle East, and Latin America. The company is involved in the exploration, development, and production of crude oil and natural gas, as well as the manufacturing and marketing of basic chemicals and plastics. OXY's stock is publicly traded on the New York Stock Exchange (NYSE) and is often viewed as a bellwether for the energy sector. Notably, Berkshire Hathaway, led by Warren Buffett, holds a significant stake in Occidental Petroleum, which has further increased investor interest in the company and its strategic direction.
