OXY:The Warren Buffett Stock to Buy on the Dip

Occidental Petroleum (OXY)

Berkshire added to itsOccidental Petroleum(NYSE:OXY) position aggressively. At a 17.4% stake, it may position itself to take over Occidental. Still, Buffett may not want to deal with all the regulatory requirements of a takeover. Investors should consider OXY stock as a good investment instead.

The energy firm is taking advantage of high energy prices. It will use its free cash flow to cut its debt. In January, S&P raised Occidental’sdebt rating to BB+. Persistently high energy prices will increase Occidental’s profits. It will retire more debt and reach investment-grade status.

OPEC is unlikely to increase the oil supply. It does not have any spare capacity to do so. In addition, energy demand will rise as summer travel increases. As the colder season approaches, energy demand will rise due to heating needs.

Worries of a recession should hurt energy demand. However, expectations of a steep recession are unfounded. Unemployment levels are very low and the economy is very healthy.

$Occidental(OXY)$

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Comments

211013能量飞车
2022-07-27
211013能量飞车
看涨，是的，如果跌一点是买入加仓的机会
pangspurs
2022-07-27
pangspurs
Yes, but no drop leh.. Very strong
sugizoi4u
2022-07-27
sugizoi4u
Thanks for sharing
Hymh
2022-07-27
Hymh
ok
dexianshan
2022-07-27
dexianshan
Like
KhengGoR
2022-07-27
KhengGoR
fm

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At a 17.4% stake, it may position itself to take over Occidental. Still, Buffett may not want to deal with all the regulatory requirements of a takeover. Investors should consider OXY stock as a good investment instead.</p><p>The energy firm is taking advantage of high energy prices. It will use its free cash flow to cut its debt. In January, S&amp;P raised Occidental’sdebt rating to BB+. Persistently high energy prices will increase Occidental’s profits. It will retire more debt and reach investment-grade status.</p><p>OPEC is unlikely to increase the oil supply. It does not have any spare capacity to do so. In addition, energy demand will rise as summer travel increases. As the colder season approaches, energy demand will rise due to heating needs.</p><p>Worries of a recession should hurt energy demand. However, expectations of a steep recession are unfounded. 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It will retire more debt and reach investment-grade status.</p><p>OPEC is unlikely to increase the oil supply. It does not have any spare capacity to do so. In addition, energy demand will rise as summer travel increases. As the colder season approaches, energy demand will rise due to heating needs.</p><p>Worries of a recession should hurt energy demand. However, expectations of a steep recession are unfounded. Unemployment levels are very low and the economy is very healthy.</p><p><a href=\"https://laohu8.com/S/OXY\">$Occidental(OXY)$</a></p></body></html>","text":"Occidental Petroleum (OXY) Berkshire added to itsOccidental Petroleum(NYSE:OXY) position aggressively. At a 17.4% stake, it may position itself to take over Occidental. Still, Buffett may not want to deal with all the regulatory requirements of a takeover. Investors should consider OXY stock as a good investment instead. The energy firm is taking advantage of high energy prices. It will use its free cash flow to cut its debt. In January, S&P raised Occidental’sdebt rating to BB+. Persistently high energy prices will increase Occidental’s profits. It will retire more debt and reach investment-grade status. OPEC is unlikely to increase the oil supply. It does not have any spare capacity to do so. In addition, energy demand will rise as summer travel increases. As the colder season approaches, energy demand will rise due to heating needs. Worries of a recession should hurt energy demand. However, expectations of a steep recession are unfounded. 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Very <u>strong</u>","text":"Yes, but no drop leh.. Very <u>strong</u>","html":"Yes, but no drop leh.. 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