HOUSTON, TX — In a definitive shift that marks the end of an era of aggressive expansion, Occidental Petroleum (NYSE: OXY) has unveiled a 2026 capital allocation strategy that prioritizes "Value over Volume." Following a transformational start to the year, the Houston-based energy giant is signaling to the market that its
The U.S. Department of Commerce released a sobering report today, February 20, 2026, revealing that the American economy slowed to a crawl in the final months of 2025. According to the Bureau of Economic Analysis (BEA), Real Gross Domestic Product (GDP) increased at an annual rate of 1.4%
In a dramatic show of market strength, shares of Occidental Petroleum (NYSE:OXY) surged 9.4% today, February 19, 2026, following a fourth-quarter earnings report that handily outpaced Wall Street expectations. The Houston-based energy giant reported adjusted earnings of $0.31 per share, nearly double the consensus analyst estimate of
As of February 19, 2026, the U.S. energy sector has emerged as the clear leader in the global financial markets, staging a massive rally that has caught many institutional investors off guard. Driven by a volatile mix of escalating military tensions in the Middle East and a sudden tightening
The global energy landscape shifted violently this week as crude oil prices plummeted below the $63 per barrel threshold, marking a definitive end to the "war premium" that has propped up markets for over two years. The catalyst for the sell-off was an unexpected confirmation from Israeli Prime Minister Benjamin
