Is Occidental Petroleum in Trouble? Warren Buffett Doesn't Think …

Buffett added regularly to Berkshire Hathaway's (BRK.A0.88%) (BRK.B0.55%)position in Occidental Petroleum throughout 2022. He did so even as the oil stock soared 117%. He continued to buy Occidental in 2023. So far this year, though, the legendary investor has been able to buy on the dip. In the first quarter, … See more

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Is Occidental Petroleum In Trouble? Warren Buffett Doesn't Think …

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Occidental Petroleum (OXY): Why Warren Buffet Hasn’t Bought …

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Sep 26, 2024 · Despite Occidental’s recent challenges, Buffett’s investment in the company remains significant. Berkshire Hathaway owns about 29% of Occidental’s common stock, a …

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Is Occidental Petroleum In Trouble? Warren Buffett Doesn't Think So.

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Jun 1, 2023 · As a result, Occidental stock is now close to 14% below its high set earlier this year while the overall stock market has risen. Warren Buffett doesn't think so. News

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Warren Buffett's $13 Billion Bet On Occidental Petroleum Turns …

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Sep 13, 2024 · Occidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett's stake in the company. The decline aligns with a 23% drop in crude oil prices …

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Don't Follow Buffet's Move On Occidental Petroleum: Here's Why

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Dec 20, 2024 · Warren Buffett’s Berkshire Hathaway now owns 28% of Occidental Petroleum, but OXY remains in a long-term bear market. Discover Buffett's strategy, the stock’s bearish …

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Warren Buffett's Berkshire Hathaway Is Buying More Shares Of …

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Dec 23, 2024 · Warren Buffett's company, Berkshire Hathaway (BRK.A 1.42%) (BRK.B 1.38%), can't seem to get enough of Occidental Petroleum (OXY-1.14%). The conglomerate recently …

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Does Warren Buffett Think Occidental Petroleum Is A Forever Stock?

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Sep 2, 2022 · Warren Buffett came to the rescue of Occidental Petroleum (OXY 0.75%) in 2019 when the company was financially struggling through an acquisition. But what started as an …

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As Warren Buffett And Other Billionaires Load Up On Energy

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Jan 6, 2025 · What Happened: Warren Buffett holds $13.15 billion worth of Occidental Petroleum OXY as of the third quarter of this fiscal year. According to 13F filings, Carl Icahn owns $1.53 …

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Why Occidental Petroleum Is A Top Stock To Buy In 2025 - Yahoo …

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20 hours ago · 2024 was a bummer year for Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market …

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FAQs about Is Occidental Petroleum in Trouble? Warren Buffett Doesn't Think … Coupon?

Did Warren Buffett buy Occidental Petroleum?

Warren Buffett doesn't think so. Buffett added regularly to Berkshire Hathaway 's ( BRK.A -0.05%) ( BRK.B -0.14%) position in Occidental Petroleum throughout 2022. He did so even as the oil stock soared 117%. He continued to buy Occidental in 2023. So far this year, though, the legendary investor has been able to buy on the dip. ...

Will Warren Buffett's Occidental Petroleum stock turn sour?

A steady decline in oil prices this year has led to one of Warren Buffett's big stock bets to turn sour. Shares of Occidental Petroleum have plunged 29% since mid-April and are down 15% year-to-date, trading just above the $50 level on Thursday at 10:04 a.m. ...

Is Occidental Petroleum a good investment?

Despite a decline in share price due to falling energy prices, Occidental Petroleum remains highly profitable and an attractive long-term investment opportunity. Warren Buffett went on a buying spree for shares of Occidental Petroleum (NYSE: OXY) in 2024 and bought another 8.9 million shares of the energy company in December. ...

Is Buffett worried about lower oil prices causing problems for Occidental?

Buffett clearly isn't worried about lower oil prices causing problems for Occidental. He isn't concerned that renewable energy sources will replace fossil fuels anytime soon, either. In a lengthy interview with CNBC in April, Buffett predicted that the world will produce more oil in five years than it does now. ...

Is Warren Buffett financed by Occidental Petroleum for Anadarko?

Warren Buffett’s Berkshire Hathaway is financed a bid by Occidental Petroleum for Anadarko. (AP Photo/Richard Drew, File) Some analysts are calling for a repeat of 2016 for the shale industry, when there was a wave of defaults and bankruptcies. Gabriel Daoud of Cowen is one of them. ...

Why is Occidental Petroleum stock falling?

Oil has been under pressure due to demand concerns tied to a cooling US economy and excess supply thanks to record production by US oil firms. The sharp decline in Occidental Petroleum stock is a blow to Warren Buffett's Berkshire Hathaway, which has been amassing a stake in the oil producer since early 2022. ...