Occidental Petroleum Aktie News

Warren Buffett isn't buying many stocks these days, but his portfolio features several great candidates to buy. These stocks include an e-commerce giant, an international conglomerate, and a major oil producer.

During the first quarter of 2024, Warren Buffett scooped up more than 4 million shares of oil and gas exploration specialist Occidental Petroleum. Considering the company's operations are highly sensitive to movements in commodity prices, it may seem like a head-scratcher move to buy more shares in this volatile stock.

If the market's dramatic shifts this year have left you feeling unsettled, you're not alone. Despite widespread overvaluation in many tech stocks, plenty of blue-chip stocks to buy can provide the portfolio stability we all need.

HOUSTON , May 20, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced their collaborative efforts with Occidental (NYSE: OXY) at the South Curtis Ranch treatment facility in the Midland Basin has successfully treated and recycled 50 million barrels of pr...

Occidental Petroleum has been consistently covered, including recommendations and support for Warren Buffett's investment. The company's warrants were recommended during the challenging times of 2020. OXY's investment by Warren Buffett was considered expensive but significant.

Occidental is investing heavily in a technology that could present a once-in-a-generation opportunity. There are two reasons to think Buffett now likes Oxy more than Apple.

Warren Buffett's Berkshire Hathaway initiated a big stake in Chubb and dumped HPQ, among other moves.

Is anyone surprised that when Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) part with shares of Apple Inc.