Protected: Occidental Petroleum is betting on carbon capture. The strategy might be full of hot air.
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Amex CEO says company will stop ads on Twitter if values diverge
American Express will stop advertising on social media companies like Twitter if the platforms do not align with the company’s values. “We want to be associated with companies, we want to be associated with channels that are consistent with our values,” said Stephen...
Occidental Petroleum has been chipping away at its debt. Can the good times continue?
Occidental Petroleum endured a risky acquisition and a rough pandemic. Now, all eyes will be on whether the company is primed to further pay down debt and reward shareholders who went along for the choppy ride. The company releases its third-quarter earnings report on...
Earnings for McDonald’s slide, but investors are still lovin’ it
Inflationary pressures slashed earnings and revenues for McDonald’s Corp. in the third quarter, but the company remains optimistic about its ability to navigate a steeper economic downturn in the coming months. Net income for McDonald’s slipped 8% to $1.9 billion from...
Warren Buffett bought Occidental stock – again. But his plans remain unclear.
Warren Buffett, one of the most successful investors in the world, purchased yet more shares of the oil and gas company Occidental Petroleum last month, raising questions from investors and analysts about his ultimate intention with Occidental. Buffett’s Berkshire...Investment Journal
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