Occidental Petroleum

Have a great Sunday, I was wondering if you are considering buying $OXY or already own their stock. Seems like an interesting price to me right now.

Which companies will you be following this week? I've got a few on there - $CVS, $PFE. $AAPL, $OXY.

I came across this nice chart yesterday that shows us that the energy sector is the cheapest sector relative to profitability. It also generates the largest amount of cashe. Healthcare doesn't look bad either.

Berkshire Hathaway $BRK-B announced that it has acquired additional shares of oil company Occidental Petroleum Corp $OXY, increasing its stake to more than 25%.

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.

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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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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