Occidental Petroleum (OXY) Stock | OXY Stock Price & Analysis

>2y

A summary of the news over the last few days around the US.

Recession, recession, recession. We hear it over and over again, even if you plug your ears. I've been hearing it a lot lately, so let's see what the situation is. Recent statements from economic strategists.

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Rickie Reeve

@rickiereeve

>2y

The companies you listed have been on sale for a long time. I guess I'm fine with this situation, I'll just keep shopping cheap. I bought another $PFE today. Thanks for the recap!

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Jason Bellier

@neostonks

>2y

Interesting graphic - Electric cars and their impact on oil consumption

As the world moves towards electrification of the transport sector, the demand for oil will be replaced by the demand for electricity. The infographic attached below shows how much oil has been and will be saved every day between 2015 and 2025 by different types of electric vehicles, according to...
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Ashraf Aboudar

@ashraf_dd

>2y

Unfortunately, oil will always be needed, but it could be significantly less.

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Rickie Reeve

@rickiereeve

>2y

Why do the research when someone else can do it better for you?

Berkshire Hathaway has been buying large quantities of $OXY for almost a year at a price of around $60. Despite these purchases, the stock price hasn't moved anywhere and is at similar levels.
Such purchases indicate to me that Berkshire has confidence in Occidental Petroleum, so why shouldn't I?
Warren Buffett...
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Monday Dayton

@mondaydayton

>2y

Well, I'll admit I was the poster child in the Buffett lover's world, watching the portfolio and including it in mine. But I'm not buying anymore, I agree that companies are not doing much, it's still going sideways and there are a lot of commodity companies on the market. I'm not saying it's bad, but really not much so far.

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