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- $0.0004658
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Warren Buffet has taken a massive stake in OXY, now at approximately $12B. I am wondering if this stock looks attractive to anyone else? Things to consider: 1. Oil prices are hovering around 5 year lows, could see price tailwinds due to geopolitical tensions 2. Validation from Buffet at 27% stake; says he might own this stock "forever". Buffet also recently purchased their chemical division OxyChem, reducing company debt. 3. Occidental has approximately 40% stake in a company called NET …
— ORIGINAL POST ·
What are your thoughts on OXY?
· r/investing
· Feb 4, 2026