Occidental's (OXY) strong presence in Permian Basin and systematic investment to expand operations will provide support amid a competitive industry.
Divesting non-core assets is a strategic tool for oil and gas companies to enhance financial health. This highlights the need to keep an eye on XOM, BP and OXY.
Berkshire Hathaway made several interesting moves in its portfolio during the first quarter. But how the Oracle of Omaha is steadily growing his cash pile may intrigue you.