Oct. 02, 2025 11:45 PM ETOccidental Petroleum Corporation (OXY) Stock, OXY.WS Stock, OXY:CA StockBRK.A, BRK.B, BRK:CA, OXY, OXY.WS, OXY:CAKevin George4.13K FollowersOccidental Petroleum benefits from Berkshire Hathaway's $9.7B OxyChem deal, enabling significant debt reduction and a sharper oil and gas focus.OXY will use proceeds to repay $6.5B in long-term debt, lowering interest expenses and achieving its sub-$15B debt target to accelerate shareholder returns.Despite weaker oil prices, OXY maintains stable quarterly financials, and a leaner balance sheet positions the company for upside if energy prices rebound.Risks remain tied to oil price volatility and geopolitical tensions, but Buffett's continued support and future buybacks enhance the investment thesis.Michael H/DigitalVision via Getty ImagesI was planning to write about Occidental Petroleum (NYSE:OXY) (NEOE:OXY:CA) and the news that Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) is buying up the company’s chemicalsThis article was written byKevin George4.13K FollowersI am an active trader in stocks, FX, crypto, and commodities with over 15 years of market experience. I hold a master's degree in finance and mix microeconomic studies of company financials with a big-picture macroeconomic view.Analyst’s Disclosure:I/we have a beneficial long position in the shares of OXY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments