Why Angel Investor Warren Buffett is So Much Bullish on the Oil

Warren Buffett- Berkshire Hathaway

Berkshire holds nearly 20% of the company's stock, so investors won't be surprised if they skipped this part.

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Warren Buffett- Shareholder

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And I decided it was a good spot to put Berkshire’s money said, says Ideal Investor Warren Buffett.

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Elementary, my dear Buffett. Buffett seems to be buying Occidental shares almost every day, as he talks.

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With head-spinning backstory stretching back decades for Buffett and many decades for Occidental.

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With 83% of its annual business now being domestic oil and gas production, Oxy is the 43rd biggest oil producer.

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Partly due to the acquisition of Anadarko by Oxy in 2019. This was also when Buffett came into the picture.

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Warren Buffett- Berkshire Hathaway

How many people actually heard Buffett's speech about Occidental Petroleum ( OXY), at Berkshire Hathaway.

Berkshire holds nearly 20% of the company's stock, so investors won't be surprised if they skipped this part.

Warren Buffett- Company Stock

Warren Buffett- Shareholder

Buffett stated earlier this year to shareholders that Vicki Hollub's statements made no sense.

And I decided it was a good spot to put Berkshire’s money said, says Ideal Investor Warren Buffett.

Warren Buffett- Ideal Investor

Elementary, my dear Buffett. Buffett seems to be buying Occidental shares almost every day, as he talks.

Warren Buffett- Occidental

With head-spinning backstory stretching back decades for Buffett and many decades for Occidental.

Warren Buffett- Many Decades

With 83% of its annual business now being domestic oil and gas production, Oxy is the 43rd biggest oil producer.

Warren Buffett- Annual Business

Image Source- Forbes

Partly due to the acquisition of Anadarko by Oxy in 2019. This was also when Buffett came into the picture.

Warren Buffett- The Acquisitions

Image Source-Mint

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