Tranzactioneaza Occidental Petroleum (US.OXY) - 52.23 USD (%) Tranzactioneaza
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Actiunile Occidental Petroleum au urcat cu aproximativ 10%, marcand cea mai buna zi din ultimul an, dupa ce compania a raportat un EPS ajustat de 0.31 USD pentru T4, peste estimarile de 0.17 USD. Desi veniturile au scazut la 5.11 mld. USD, sub nivelul de 5.55 mld. USD asteptat de piata, investitorii au reactionat pozitiv la ghidajul pentru 2026, care indica investitii de 5.5â5.9 mld. USD, cu peste 10% sub consensul de 6.4 mld. USD, sugerand disciplina financiara si eficientizari operationale. In plus, compania a majorat dividendul trimestrial cu peste 8%, la 0.26 USD/actiune, iar actiunile sunt in crestere cu peste 24% de la inceputul anului, pe fondul avansului cotatiei petrolului. (Sursa: articles)
Nvidia a ajuns sa valoreze de 3 ori cat tot sectorul energetic din SUA, desi companiile de energie fac profituri cu...
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Victoria lui Donald Trump a adus urmatorul fir narativ: productia de petrol si gaze va salta accelerat in SUA, preturile vor plonja, asadar producatorii vor suferi.
Si totusi, la doua luni dupa alegeri, preturile sunt cele care cresc, iar companiile direct vizate...
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Berkshhire Hathaway a anuntat achizitia a 8.9 milioane de actiuni Occidental Petroleum, ajungand la un total de 264.1 mil. de actiuni. Actiunile au fost achizitionate in transe la un pret in intervalul 45.8-46.56 USD, pentru o valoare totala de 409 mil. USD. In prezent, compania controlata de Warren Buffett detine aproximativ 28% din Occidental Petroleum, care a atins un minim al ultimului an pe 19 decembrie (45.17 USD). (Sursa: news)
Berkshire Hathaway a lui Warren Buffett si-a marit participatia la Occidental Petroleum, achizitionand inca 1.75 mil. de actiuni, in perioada 10-12 iunie, la peste 60 USD pe actiune. Berkshire detine acum peste 252.3 mil. de actiuni, reprezentand o participatie de 28.5%, in valoare de peste 15 mld. USD. In ciuda investitiei substantiale, Buffett a declarat ca nu este interesat sa achizitioneze intreaga companie. (Sursa: news)
Occidental Petroleum, una dintre companiile care fac parte din portofoliul lui Berkshire Hathaway a revenit la un pret apropiat de cel la care Buffett a efectuat ultimele tranzactii. Scaderea cotatiei pentru barilul de petrol pana la un nivel important de suport ar putea oferi investitorilor o op...
Occidental Petroleum isi propune sa finalizeze, pana in august, achizitia CrownRock, un producator de petrol de sist. Tranzactia, propusa in decembrie, in valoare de 12 mld. USD, face parte din strategia Occidental de a se extinde in Bazinul Permian, pe fondul unui val mai larg de consolidare in industria de sisturi. Directorul general, Vicki Hollub, si-a exprimat increderea in incheierea rapida a tranzactiei, mentionand ca nu se asteapta la obstacole de reglementare. In ciuda unui T1 profitabil, actiunile Occidental au scazut cu peste 2%. De asemenea, compania si-a reafirmat planul de a vinde active de 4.5 - 6 mld. USD pentru a contribui la reducerea datoriei si pentru a relua rascumpararile de actiuni. (Sursa: occidental says crownrock deal could close by august 05 082024)
Berkshire Hathaway si-a marit participatia in compania Occidental Petroleum la 34%, conform datelor furnizate de SEC. In ultima luna, compania controlata de Warren Buffett a acumulat peste 15 mil. de actiuni, la un cost total aproximativ de 900 mil. USD. Achizitia a acut loc in contextul in care OXY si-a extins amprenta in prolificul bazin Permian cu peste 94,000 de acri. (Sursa: news)
Ce urmeaza e un TradeTalk ceva mai cuprinzator, chiar si pentru o zi de luni. Insa anuntul recent al achizitiei celui mai important petrolist american independent din Bazinul Permian de catre ExxonMobil va redefini harta sectorului de energie in America... si, probabil, in multe alte parti de pe glob.
E o poveste plina de rasturnari incredibile de situatie, statistici uimitoare si ironii care...
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Occidental Petroleum, producatorul american de petrol si gaze, va achizitiona furnizorul de tehnologie Carbon Engineering Ltd. pentru 1.1 mld. USD. Occidental isi propune sa infiinteze aproximativ 100 de fabrici de captare a carbonului folosind tehnologia de captare directa a aerului (DAC), menita sa combata schimbarile climatice. Tehnologia DAC, aflata in primele sale etape comerciale, necesita investitii semnificative pentru a-si dovedi viabilitatea economica si profitabilitatea. Platile acordului se vor intinde pe durata a trei rate anuale egale, iar inchiderea se preconizeaza pana la sfarsitul anului 2023. Administratia Biden considera ca DAC este vitala pentru atingerea neutralitatii emisiilor pana in 2050. Parteneriatul Occidental cu Carbon Engineering a inceput in 2019, iar achizitia este de asteptat sa accelereze implementarea DAC. (Sursa: occidental petroleum buy carbon engineering 11 bln 08 152023)
Potrivit unor surse 07 312023 de Bloomberg, Exxon Mobil discuta cu Tesla, Ford Motor, Volkswagen si alti producatori auto despre posibilitatea furnizarii litiului necesar bateriilor care propulseaza modelele electrice. Conversatiile, care includ producatori importanti de litiu si baterii precum Albemarle si Samsung, sunt deocamdata intr-o faza timpurie.
Exxon isi propune sa fie un jucator cheie in aceasta arie, 07 312023 sa ajunga la capacitatea de a extrage anual 100,000 de tone de litiu. Chevron, Occidental Petroleum si SLB, cel mai important furnizor de servicii petroliere din lume, exploreaza la randul lor oportunitati legate de litiu. Potrivit unei estimari independente 07 312023 de Bloomberg, cererea globala de litiu va devansa in 2030 intreaga cantitate extrasa intre 2015 si 2022.
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Warren Buffett warren buffett says berkshire hathaway wont take full control of occidental petroleum 2023 sambata ca Berkshire Hathaway nu intentioneaza sa preia integral Occidental Petroleum, producatorul american de petrol in care conglomeratul de investitii berkshire hathaway stake occidental petroleum rises 2 03 2736.2023 o detinere de peste 23% in ultimul an.
Occidental Petroleum isi va publica rezultatele trimestriale maine (dupa inchiderea sedintei de tranzactionare). Pe bursa americana, actiunile Occidental Petroleum s-au depreciat cu circa 4% in acest an (comparativ cu deprecieri de aproximativ 1% pentru ExxonMobil si 11% pentru Chevron). In 2022, actiunile Occidental Petroleum s-au apreciat cu 119%, best performing stocks of 2022 2023 cel mai mare randament la nivelul companiilor incluse in indicele S& P 500.
(US.OXY) (US.BRKB)
Berkshire Hathaway, conglomeratul condus de Warren Buffett, berkshire hathaway stake occidental petroleum rises 2 03 2736.2023 participatia in Occidental Petrolum la 23.6%. Intre 23 si 27 martie, Berkshire a cumparat din nou actiuni ale producatorului american de petrol, platind circa 216 mil. USD.
La inceputul acestei luni, Bekshire warren buffetts berkshire hathaway buys more occidental petroleum shares 2023 achizitia de actiuni Occidental Petroleum, dupa o pauza de 5 luni. Berkshire berkshire hathaway stake occidental petroleum rises 2 03 2736.2023 acum aproape 212 milioane de actiuni comune, care valoreaza in total 12.6 mld. USD (la pretul de inchidere de ieri, de 59.65 USD pe actiune). Berkshire mai berkshire hathaway stake occidental petroleum rises 2 03 2736.2023 actiuni preferentiale in valoare de 10 mld. USD, cu un dividend de 8%, si warrant-uri care ii dau posibilitatea de a cumpara actiuni comune in valoare de 5 mld. USD la pretul de 59.62 USD pe actiune.
In luna august a anului trecut, Berkshire Hathaway warren buffett gets permission to buy up to half of occidental petroleum boosting the shares 2022 avizul din partea agentiilor de reglementare care i-ar permite sa-si creasca detinerea pana la 50%, 192022 speculatiile potrivit carora conglomeratul ar fi interesat sa achizitioneze integral Occidental Petroleum. La finalul anului trecut, Berkshire buffetts berkshire posts record annual operating profit 02 252023 lichiditati in valoare de circa 129 mld. USD.
Pe bursa americana, pana acum in 2023, Occidental Petroleum a pierdut 2%. In 2022, actiunile producatorului american de petrol s-au apreciat cu 119%, compania best performing stocks of 2022 2023 cel mai mare randament din indicele S& P 500.
(US.OXY) (US.BRKB)
Berkshire Hathaway, conglomeratul condus de Warren Buffett, berkshire hathaway buys more occidental shares stake rises 2 03 1631.2023 participatia in Occidental Petrolum la 23.1%. Intre 13 si 15 martie, Berkshire a cumparat 7.9 milioane de actiuni ale producatorului american de petrol, platind circa 467 mil. USD.
La inceputul acestei luni, Bekshire warren buffetts berkshire hathaway buys more occidental petroleum shares 2023 achizitia de actiuni Occidental Petroleum, dupa o pauza de 5 luni. Berkshire berkshire hathaway buys more occidental shares stake rises 2 03 1631.2023 acum circa 208 milioane de actiuni, care valoreaza in total aproximativ 12 mld. USD (la pretul de inchidere de ieri, de 56.80 USD pe actiune).
In luna august a anului trecut, Berkshire Hathaway warren buffett gets permission to buy up to half of occidental petroleum boosting the shares 2022 avizul din partea agentiilor de reglementare care i-ar permite sa-si creasca detinerea pana la 50%, 192022 speculatiile potrivit carora conglomeratul ar fi interesat sa achizitioneze integral Occidental Petroleum. La finalul anului trecut, Berkshire buffetts berkshire posts record annual operating profit 02 252023 lichiditati in valoare de circa 129 mld. USD.
Pe bursa americana, pana acum in 2023, Occidental Petroleum s-a depreciat cu aproximativ 10%. In 2022, actiunile producatorului american de petrol s-au apreciat cu 119%, compania best performing stocks of 2022 2023 cel mai mare randament din indicele S& P 500.
(US.OXY) (US.BRKB)
Berkshire Hathaway, conglomeratul condus de Warren Buffett, warren buffetts berkshire hathaway buys more occidental petroleum shares 2023 detinerea la Occidental Petroleum, la putin peste 22%. Este pentru prima oara dupa luna septembrie a anului trecut cand Berkshire cumpara din nou actiuni ale producatorului american de petrol. Achizitia din septembrie buffetts berkshire hathaway buys 599 mln more occidental shares 09 292022 detinerea la aproape 21%.
Noile achizitii, care s-au ridicat la 5.8 milioane de actiuni, berkshire hathaway resumes occidental purchases stake reaches 2 03 0822.2023 facute intre 3 si 7 martie, pentru care Berkshire a platit circa 355 mil. USD. Cotatiile la care s-au efectuat tranzactiile 072023 cuprinse intre 59.85 USD pe actiune si 61.90 USD pe actiune.
Conglomeratul 072023 acum aproximativ 200 milioane de actiuni, in valoare de peste 12 mld. USD, participatia fiind printre cele mai mari in portofoliul Berkshire. Daca luam in calcul dividendul, a carui valoare trimestriala occidental misses fourth quarter profit estimates 02 272023 majorata cu 38% luna trecuta, detinerea curenta berkshire hathaway resumes occidental purchases stake reaches 2 03 0822.2023 anual pentru Berkshire circa 144 mil. USD exclusiv din dividende.
In luna august a anului trecut, Berkshire warren buffett gets permission to buy up to half of occidental petroleum boosting the shares 2022 avizul din partea agentiilor de reglementare care i-ar permite sa-si creasca detinerea pana la 50%, 192022 speculatiile potrivit carora conglomeratul ar fi interesat sa achizitioneze integral producatorul de petrol. La finalul anului trecut, Berkshire buffetts berkshire posts record annual operating profit 02 252023 lichiditati in valoare de circa 129 mld. USD.
Pe bursa americana, Occidental Petroleum a inchis ieri la 60.85 USD pe actiune, marcand o depreciere de 3% fata de finalul anului trecut. In 2022, actiunile s-au apreciat cu 119%, compania best performing stocks of 2022 2023 cel mai mare randament din indicele S& P 500.
(US.OXY) (US.BRKb)
Occidental Petroleum, compania in care conglomeratul lui Warren Buffett controleaza 21.4% din actiuni, a anuntat ca are in vedere amplasarea unei unitati pentru capturarea de emisii de carbon, in Texas, pe o suprafata de peste 55,000 acri. Capacitatea de stocare a unitatii s-ar situa undeva la 1.2 mld. tone de dioxid de carbon. Compania spera ca unitatea sa devina operationala in anul 2026. (Surse: news company1392)
CEO-ul Vicki Hollub, intr-un 02 062023 pentru Bloomberg: pentru noi, rascumpararile de actiuni vor fi mai importante in 2023 decat cresterea productiei de petrol.
Pe radarul rascumpararilor 02 062023 inclusiv actiunile preferentiale detinute inca din 2019 de Berkshire Hathaway, in valoare de 10 mld. USD. Conglomeratul condus de Warren Buffett 02 062023  si o detinere de 21% in totalul actiunilor ordinare, fiind cel mai important investitor in producatorul american de petrol.
In 2022, pe bursa americana, Occidental Petroleum best performing stocks of 2022 2023 cea mai buna performanta din structura indicelui S& P 500, inregistrand o apreciere de 119%.  Fata de inceputul acestui an, Occidental Petroleum a castigat circa 1%.
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Occidental Petroleum (US.OXY) and Canadian startup Carbon Engineering Ltd. are preparing a site in the Permian Basin for a plant that will draw down 500K tons/year of carbon dioxide, Oxy CEO Vicki Hollub told Bloomberg Monday. The groundbreaking ceremony for the direct air capture plant - planned to be 120x larger than the world's largest facility using similar technology - will occur on November 29 with commercial operations expected to start at the end of 2024.
Occidental also is counting on the sale of "net-zero oil" that it plans to produce by injecting more CO2 into oil reservoirs than is emitted by the process of extracting and burning the oil the enhanced oil recovery process pushes out more oil from reservoirs than other techniques. "If our plans work, we'd like our revenue from carbon capture to be equal to oil and gas revenues," Hollub said, believing "using CO2 for enhanced oil recovery and generating net-zero barrels is the way." Occidental Petroleum (OXY) said last week it was teaming with Natural Resource Partners to evaluate and potentially develop a permanent carbon dioxide sequestration hub in southeast Texas.
Oil and gas exploration and production firms globally could generate combined cash flows of a record $1.4 trillion this year, thanks to high prices in the ongoing readjustment in the energy markets, Deloitte said in a new report on Thursday. High oil and gas prices and financial discipline have turned the tide for the global upstream industry, and its efforts at capital discipline have paid off, Deloitte said. Capital discipline has resulted in the oil and gas industry being âin one of its healthiest periods currently, with its lowest ever leverage ratio (20%) and one of its highest ever dividend yields (6%), compared to other sectors,â according to Deloitte. The consultancy estimates that the industry will see its highest ever free cash flow of US$1.4 trillion in 2022 if Brent Crude price averages $106 per barrel. (US.XOM) (US.CVX) (US.OXY)
Lui Buffett ii plac afacerile care genereaza multi bani. Occidental (US.OXY) se incadreaza in aceasta masura, generand mai mult numerar in T2 (5.329 mld. USD) decat toata Berkshire Hathaway Energy (5.147 mld. USD). Buffett detine, de asemenea, o bucata considerabila din Chevron (US.CVX ), ce are cateva lucruri in comun cu OXY. Ambii produc sume masive de numerar si sunt numarul 1 si, respectiv, 2 detinatori de terenuri in bazinul Permian.
Signify Health (US.SGFY) a crescut cu 37.5% in tranzactionarea inainte de piata, deoarece un potential razboi de licitatii escaladeaza pentru furnizorul de servicii de sanatate la domiciliu. Bed Bath & Beyond scade cu inca 10.2% in tranzactiile inainte de piata, dupa scaderea de vineri de peste 40%. AMC Entertainment (US.AMC) â Actiunile lantului de cinematografe au scazut cu 30.6% in premarket inainte de debut.
Ford (US.F) a pierdut 2.8% in premarket in urma unei hotarari a juriului de vineri care a evaluat un verdict de 1.7 mld. USD impotriva producatorului de automobile. 
Occidental Petroleum (US.OXY) â Occidental Petroleum a dat inapoi cu 1.4% dupa un castig de aproape 10% vineri. 
stocks making the biggest moves in the premarket signify health bed bath beyond amc and more 2022
Analistii au spus ca afacerile petroliere ale Occidentalului vor completa exploatatiile energetice existente ale Berkshire, care includ utilitati, gaze naturale si surse regenerabile.
Dar Buffett nu a informat Occidental cu privire la niciun plan de a dobandi un pachet de control al companiei, potrivit persoanelor apropiate subiectului. Avand in vedere binecunoscuta aversiune a lui Buffett fata de incheierea de tranzactii ostile, ar fi in neregula ca el sa faca o oferta fara sa-i cerceteze mai intai pe directorii si directorii companiei. (www.bloomberg.com)
(US.OXY)
Pe baza dosarelor 13F si a diverselor dezvaluiri SEC, trei miliardari cu rezultate incredibile in investitii nu se pot opri sa cumpere cele 3 actiuni surprinzatoare.
- Holdings PayPal (US.PYPL)
- Occidental Petroleum (US.OXY)
- Ford Motor (US.F)
3 surprising stocks billionaires cant stop buying2022
Berkshire Hathaway (US. BRKB) a cumparat mai multe actiuni ale Occidental Petroleum Corp (US.OXY), depasind pachetul de 20% din pachetul de actiuni in care ar putea inregistra o parte din castigurile companiei petroliere cu propriile sale si, potential, sa adauge profit de ld. USD.
Berkshire a declarat ca a platit aproximativ 391 de mil. USD pentru aproape 6.7 mil. de actiuni Occidental intre 4 si 8 august.
berkshire hathaway boosts occidental petroleum stake above 08 0920.2022
Warren Buffettâs Berkshire Hathaway Inc. (US.BRKb) is plowing more money into big oil.
The billionaire investorâs company has been ramping up its position in Occidental Petroleum Corp. (US.OXY) since February and bought 12 million more shares over two days this month.
The moves bring Berkshireâs total stake in Occidental to 18.7%. Berkshire, which is by far Occidentalâs largest shareholder, is now one step closer to reaching a threshold that would allow it to include Occidental in its resultsâsomething that could give its earnings a boost.
Mr. Buffett has spoken favorably about the U.S. oil industry, telling shareholders at Berkshireâs annual meeting that it was beneficial for the country to be able to produce more of its own oil to lessen its need for imports.
Berkshire Hathaway a achizitionat alte 4.3 mil. actiuni ale Occidental Petroleum (US.OXY), ajungand la o detinere de 19.2% din capitalul companiei. Intr-un formular completat si depus la SEC, Berkshire a dezvaluit ca a cheltuit aproape 250 mil. USD pentru achizitia actiunilor suplimentare ale companiei petroliere, ajungand la o detinere de 179.4 mil. actiuni in valoare de 10.4 mld. USD. In medie, analistii se asteapta ca profitul net al Occidental Petroleum sa depaseasca 10 mld. USD, in acest an. (Sursa: Reuters.com)
Warren Buffett's Berkshire Hathaway (US.BRKB) said on Thursday it bought another 12 million shares of Occidental Petroleum Corp (US.OXY) this week, giving it an 18.7% stake in the oil company. 
The purchases were made on Tuesday and Wednesday and cost about $698 million, Berkshire said in a U.S. Securities and Exchange Commission filing. Buffett's company had also purchased 9.9 million Occidental shares last week. It is by far the largest shareholder of Houston-based Occidental, owning 175.4 million shares worth $10.8 billion. Berkshire also owns $10 billion of Occidental preferred stock, and has warrants to buy another 83.9 million common shares for $5 billion, or $59.62 each. That is slightly below the shares' Thursday closing price of $61.47.
Occidental's share price has more than doubled this year, helped by Berkshire's purchases as well as rising oil prices following Russia's invasion of Ukraine. Berkshire's growing stake has prompted market speculation that Buffett's company might eventually buy all of Occidental. If the stake reached 20%, Berkshire could consider an accounting change that would let it record its proportionate share of Occidental's earnings with its own results. Occidental has been reducing debt since purchasing Anadarko Petroleum Corp for $35.7 billion in 2019. Berkshire's preferred stock investment helped finance that takeover.
berkshire hathaway buys additional 12 million shares occidental 07 072022
Warren Buffett's Berkshire Hathaway disclosed it purchased an additional 9.9 million Occidental Petroleum (US.OXY) shares last week as the billionaire continued to add his position in the oil company. Buffett purchased the 9.9M shares for about $584 million at average price of $58.98 from Wednesday through Friday and now owns a total of 163.4 million shares, giving Berkshire a stake of 17.4%, according to a Form 4 filing. Berkshire paid in the range of $57 to $60 a share. 
The latest disclosure comes after Berkshire Hathaway disclosed in a regulator filing on Monday that it had bought an additional $44M worth of shares in the company.
  Uranium Energy Corp: âThere will not be a nuclear power plant built in this country. ... It ainât going to happen.â (US.UEC) 
  Nutrien Ltd: âThe way to play the farm is to do AGCO or Deere. ... I prefer Deere right here.â (US.NTR) (CA.NTR) 
  Occidental Petroleum Corp: âLet it come in. ... You can buy them lower.â (US.OXY) 
cramers lightning round i prefer deere over nutrien right here 2022
  In a regulatory filing, Occidental Petroleum (US.OXY) disclosed on Monday that its major shareholder Berkshire Hathaway bought 794K shares of common stock on June 23rd in a total transaction size of $44.0M. The move leaves Berkshire Hathaway with indirect ownership of ~153.51M shares.
Compania administrata de miliardarul Warren Buffet si-a marit participatia prin cumpararea in aceasta saptamana a unui pachet minoritar de 9.6 mil. actiuni in compania Occidental Petroleum (US.OXY), ajungand astfel la un total de 16.3% din companie. Valoarea pachetului este estimata la 8.52 mld. USD raportata la pretul de inchidere de ieri. Fondul de investitii are cea mai mare participatie in actionariatul companiei petroliere, care este avantajata in contextul cresterii preturilor la carburanti. (Sursa: Seeking Alpha.com)
Rata de rascumparare reflecta, de fapt, strategia Berkshire de anul acesta. Doar in T1/2022, compania a achizitionat actiuni de 51 de miliarde de dolari la grupuri precum Apple (US.AAPL), Occidental Petroleum (US.OXY) si HP (US.HP). Actiunile Berkshire âAâ au atins un nivel record de 544.000 de dolari spre finele lunii martie, dar de atunci s-au prabusit cu 23% la sub 419.000 dolari. Buffett se mandreste ca este prudent in ceea ce priveste rascumpararile si si-a reiterat abordarea in cea mai recenta intalnire a actionarilor Berkshire. âNu facem nimic din ce nu ar oferi valoare catre Berkshire Hathaway.
Executives at firms including Pioneer Natural Resources Co. (US.PXD), Occidental Petroleum Corp. (US.OXY) and Range Resources Corp. (US.RRC) were once encouraged by compensation plans to produce certain volumes of oil and gas, with little regard for the economics. After years of losses, investors demanded changes to how bonuses are formulated, pushing for more emphasis on profitability. Now, executives who were paid to pump are rewarded more for keeping costs down and returning cash to shareholders, securities filings show. 
Though U.S. oil and gas production has risen from lockdown lows, output remains below prepandemic levels even though crude prices have doubled since then, to about $113 a barrel, and natural gas has quadrupled, to more than $8 per million British thermal units. 
When the Organization of the Petroleum Exporting Countries launched a price war in late 2014, oil crashed and bankruptcies mounted among North Americaâs free-market producers. Shareholders and activist investors homed in on pay plans that rewarded production growth no matter what price the barrels fetched. Investors tossed lifelines to many firms, buying more than $60 billion of new shares that producers sold to lighten their debt loads and stay afloat.
Shares of Occidental Petroleum, one of the biggest producers of U.S. onshore oil and gas, were rising after the company reported record quarterly profit as concerns about global energy supplies lifted prices. Occidentalâs first-quarter profit rose to a record $4.7 billion on the back of a 65% increase in realized oil prices in the period, despite seeing production fall back.
oil stocks buffett favorite occidental petroleum earnings crude prices wobble
The shares were bought May 2 and May 3 at prices ranging from about $56 to $58.37 apiece, according to a filing late Wednesday. Omaha, Nebraska-based Berkshire had previously built up a roughly 14.6% holding of Occidentalâs common stock, in addition to the preferred stake that it acquired in 2019 when the oil company was putting together its deal for Anadarko Petroleum Corp. 
Occidental, which was the best-performing stock in the S& P 500 during the first quarter, has seen its shares benefit from Buffettâs purchases and higher oil prices driven by the war in Ukraine. Its stock gained 3.9% Wednesday in regular New York trading to $61.57, and has more than doubled this year.
Carl Icahn explained Tuesday how his investment approach is different from that of fellow Wall Street legend Warren Buffett. Icahnâs comments on CNBC came in response to a question about his decision to sell shares of Occidental Petroleum (US.OXY). Buffettâs conglomerate, Berkshire Hathaway, has actually been building a position worth billions.
carl icahn on how his investment style differs from warren buffett 2022
Warren Buffettâs Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion over the first three days of this week. An SEC filing Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares. At Wednesdayâs close of $52.99, the Occidental shares are worth $959 million.
After spending around $4.5 billion last week to buy 91.2 million shares of Occidental Petroleum, heâs spent more than $1.5 billion this week to add another 27.1 million shares to Berkshire Hathawayâs stake. An SEC filing late Friday revealed the purchases were made on Wednesday, Thursday and Friday at prices between $51.03 and $58.58. The weighted average of the buys is around $56.60.
warren buffett is still buying occidental petroleum adding shares worth 1point5 billion 2022
U.S producers were largely expecting to keep oil production flat this year, and in the face of surging crude prices output canât just be ramped up, said Oxy CEO Vicki Hollub.
  The oil-rich Permian Basin faces significant challenges in boosting output, according to Hollub. But itâs the only shale basin in the U.S. that can increase production, she said. Among the challenges are the age of the wells, labor shortages and securing raw materials.
oil producers in a dire situation and unable to ramp output says oxy ceo 2022
Potrivit informatiilor, in data de 4 martie, Berkshire detinea 91,2 milioane de actiuni ordinare ale gigantului petrolier. Acestea au o valoare de 5,1 miliarde de dolari la inchiderea recenta de 56,15 dolari. Actiunile au castigat vineri 18% si 45% in aceasta saptamana. Compania Occidental Petroleum a crescut brusc odata cu pretul petrolului, care a urcat la aproximativ 115 de dolari baril in urma invaziei ruse a Ucrainei.