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
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