Occidental Petroleum's (OXY) share price has dropped 15.8% in the trailing twelve months compared with its industry's decline of 7.2%. OXY exposure to fluctuating market prices of commodities remains a concern. As of Dec. 31, 2023, there were no active commodity hedges in place, so if the commodity prices drop substantially, it can adversely impact Occidental's performance. The company has issued $5 billion of senior unsecured notes to fund the cash consideration of the CrownRock acquisitions. A huge increa ...

This Warren Buffett stock is begging for your attention. Warren Buffett knows a thing or two about oil stocks. And while his track record hasn't been perfect, betting alongside one of the best investors of all time is a wise strategy for making money over the long term. Lately, Buffett has been loading up on one oil stock in particular. Last quarter, he increased his position in it by more than 7 million shares. So if you're on the hunt for oil stocks with attractive long-term upside, this one is worth cons ...

The latest trading session saw Occidental Petroleum (OXY) ending at $52.40, denoting a +0.31% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.56%. The oil and gas exploration and production company's shares have seen a decrease of 8.94% over the last month, not keeping up with the Oils-Energy sector's loss of 0.05% and the S&P 500's gain of 1.65%. ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highestquality analysis of this type of information. As you probably know, Occidental Petroleum Corporation (NYSE: OXY ) is a major independent oil and gas producer in the US, the Middle East, and North Africa; it has a midstream services business, and also owns a chemicals business producing and marke ...

Buffett has consistently bought shares at this level for two years, but now he's stopped. Warren Buffett is currently sitting on more cash than he has good ideas to invest in. Berkshire Hathaway's (BRK.A -0.34%) (BRK.B -0.96%) cash and Treasury holdings could exceed $300 billion by the end of the third quarter. That's driven by Buffett's recent decisions to sell stocks from Berkshire's equity portfolio without reinvesting the funds into new holdings. Buffett's sold more stocks than he bought in each of the ...

Warren Buffett is loading up on this oil and gas dividend stock. Here's why you should, too. Occidental Petroleum (OXY 0.54%) stock has gained immense popularity among energy investors within a couple of years or so, and much of the credit goes to Warren Buffett. The legendary investor has been a consistent buyer of the oil and gas stock and now owns a significant stake in it through his company, Berkshire Hathaway. As of June 30, Berkshire owned a 28.8% stake in Occidental Petroleum. With reinvested divide ...

文章核心观点 - 伯克希尔-哈撒韦公司近几个季度大幅增持了美国石油公司(Occidental Petroleum)的股票 [1][2][3] - Occidental Petroleum公司通过出售资产和以股票支付伯克希尔-哈撒韦公司的优先股股息,成功降低了债务负担 [3][4][5] - Occidental Petroleum公司的碳捕集利用和封存(CCUS)技术是其长期发展的潜在催化剂 [7][8] 公司概况 - Occidental Petroleum公司在2019年以570亿美元收购了Anadarko Petroleum公司,成为历史上最大的一宗油气并购交易 [2] - 为了支持这笔交易,伯克希尔-哈撒韦公司向Occidental Petroleum公司提供了100亿美元的融资,并获得了可购买8386万股普通股的认股权证 [2] - 2020年新冠疫情期间,Occidental Petroleum公司通过出售资产和以股票支付伯克希尔-哈撒韦公司的优先股股息,成功渡过了油价暴跌的困境 [3] - 2022年俄罗斯入侵乌克兰导致油价飙升,Occidental Petroleum公司获得了237亿美元的自由现金流,用于偿还债务和回购股票 [3][4] 行业概况 - 近期能源股面临通胀和经济放缓的压力,原油价格从每桶90美元下跌至70美元,拖累了整个油气生产行业 [6] - 尽管如此,伯克希尔-哈撒韦公司仍在大幅增持Occidental Petroleum公司的股票,看好其长期发展前景 [6][7]

Buffett really likes this stock. Value investors should, too. Warren Buffett was mentored by Benjamin Graham, the father of value investing. It's no surprise, therefore, that Buffett has scrutinized the valuations of every stock he's bought throughout his long and successful career. Can value investors today get solid investment ideas from the stocks Buffett buys? I think so. The legendary investor bought seven stocks in the second quarter of 2024. Here's the best of the bunch for value investors. Buffett's ...

Occidental Petroleum (OXY) closed at $52.06 in the latest trading session, marking a +1.5% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.03%. On the other hand, the Dow registered a loss of 0.04%, and the technology-centric Nasdaq increased by 0.2%. Shares of the oil and gas exploration and production company have depreciated by 10.63% over the course of the past month, underperforming the Oils-Energy sector's loss of 3.35% and the S&P 500's gain of 1.54%. T ...

This is one stock Buffett simply cannot stop buying. Berkshire Hathaway (BRK.A 0.89%) (BRK.B 0.93%) has been accumulating a position in Occidental Petroleum (OXY 0.47%) for some time and now owns more than 27% of the oil company. In this video, I sit down with energy sector expert Tyler Crowe to take a closer look at whether Occidental could be a smart buy while it's trading at a 52-week low. *Stock prices used were the morning prices of Sept. 12, 2024. The video was published on Sept. 13, 2024. ...