Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buying in 2022, but that floor ...
Occidental: Warren Buffett Was Too Early
Warren Buffett's Berkshire Hathaway shows caution by halting purchases of Occidental Petroleum shares, despite aiming for 50% ...
Occidental Petroleum Is Getting Up to $650 Million to Accelerate Its Ability to Capture This Potentially $5 Trillion Market Opportunity
Occidental Petroleum aims to build out a leading carbon capture and sequestration business. The oil company believes CCS ...
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Warren Buffett
Markets 2024-09-12T15:59:39Z Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low The $55 to $60 level has acted as a floor for Occidental ...
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Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
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 on concerns about demand ...