3 Reasons We Love Occidental Petroleum (OXY)

3 Reasons We Love Occidental Petroleum (OXY) Over the past six months, Occidental Petroleum's shares (currently trading at $55.30) have posted a disappointing 11.1% loss, well below the S&P 500's 16.6% gain. This may have investors wondering how to approach the situation. Given the weaker price action, is now the time to buy OXY? Find out in our full research report, it's free. Why Are We Positive on Occidental Petroleum? Backed by Warren Buffett's Berkshire Hathaway as a major shareholder, Occidental Petroleum (NYSE:OXY) explores for, develops, and produces oil, natural gas liquids, and natural gas, primarily in the United States and Middle East. 1.