The Fourth Quarter 2024 Earnings Considerations ("Earnings Considerations") contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements about Occidental's expectations, Average diluted shares outstanding for the fourth quarter of 2024 were 983.9 million shares. Realizations The following table presents information about Occidental's average realized prices and index prices: | | | Three ...

It’s not very often that you get the opportunity to buy a Warren Buffett stock at a significant discount to the Oracle of Omaha’s own average cost, but in OccidentalAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BRK.B 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 men ...

It's no secret that Warren Buffett isn't finding many stocks he likes enough to buy these days. The legendary investor has been a net seller of stocks for eight consecutive quarters, a streak dating back to late 2022.That doesn't mean Buffett hasn't been buying any stocks. He has chosen a select few that meet his stringent criteria. Which stock did Buffett buy in 2024 that he's most likely to buy again this quarter?Buffett's buys last yearThe most notable addition to Berkshire Hathaway's portfolio in the fi ...

Warren Buffett, the ‘Oracle of Omaha’, is one of the most famous investors of all time. The reputation is well-deserved — Buffet and his business, Berkshire Hathaway (NYSE: BRK.A) have managed to outperform the market on a consistent basis.However, those results don’t come from risky, short-term bets — instead, Buffett adopts a value investing approach, buying equity in businesses that have proven management and long-term competitive advantages.Throughout the course of 2024, Buffett and Berkshire Hathaway h ...

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) ended last year with a buying spree of the then-underperforming Occidental Petroleum (NYSE: OXY), characterized by the stock consistently trading below the $50 mark.Despite this performance, Buffett leveraged his enormous cash reserves, spending about $405 million on OXY shares through a series of transactions that accelerated towards the end of 2024. Now, the stock is showing signs of recovery, attempting to maintain its price above the $50 support zone.Spe ...

It could take several decades for these high-risk tickers to bear their full fruit.The advent of artificial intelligence (AI) is seen by many as one of the modern era's most incredible developments. And to be fair, it is a game changer.To say AI is the only innovation that's changing the world in a big way right now, however, ignores another revolution that's just as impressive... even if it's a little less exciting. That's the advent of renewable energy. For the first time in history it at least seems poss ...

HOUSTON, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its fourth quarter 2024 financial results after close of market on Tuesday, February 18, 2025, and will hold a conference call to discuss the results on Wednesday, February 19, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregi ...

Occidental Petroleum Corporation’s (OXY) shares have gained 0.1% in the last fortnight against the Zacks Oil and Gas-Integrated-United States industry’s decline of 3.9%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company operates in a very competitive industry, but Occidental’s strong presence in the prolific Permian Basin acts to its advantage.Occidental has outperformed some other operators in this space. In the same period, other operators in the same industry, like Conoc ...

Warren Buffett has made some rather bearish moves in Berkshire Hathaway's (BRK.A 0.80%) (BRK.B 0.95%) stock portfolio in the past few quarters. Most notably, the legendary investor disposed of significant portions of both the Apple and Bank of America investments that have performed extremely well for Berkshire. It's been quite a while since Buffett and his team have been net buyers of stocks.However, we recently learned that Buffett took advantage of the recent stock market sell-off by adding to three of B ...

Buffett hasn't been a big buyer in 2024, but he thinks these stocks present great value right now.Warren Buffett hasn't seen a lot to like in the stock market lately. Through the first three quarters of 2024, Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) sold $133 billion worth of stock from the portfolio he manages for the conglomerate. While he's made a few new purchases in that time, they total just $5.8 billion.As many stocks have seen their price rise faster than their underlying earnings, valuations ...