JoanneSamson
2022-05-12

$Occidental(OXY)$ If WB believes OXY will increase dividend and its SP will increase to $100+ in the next 12 months, what does it matter if the entry price is $58 or $55.09? Think Big. 

OXY has posted $3B FCF in Q4CY21 when WTI average was $77. If WTI remains above $100(99.99% it will), annual FCF will be over $16B.WB knows that OXY will increase its dividend back to pre-pandemic soon. I bet he is targeting 3%+ yield on OXY. I am long on OXY(both stock and warrant) since 2020. Going to hold it till it hits $200+

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