OXY

DrElkSnout

OXY on a tear.

cbusoh66

Buffett's darling OXY with fantastic numbers, barely moving.

Low-Fig-9879

He keeps buying OXY.....trump did say drill baby drill. Which means lower prices.

Afewblackapples

Thats risky af. Oxy won’t go much lower. Buy OXY

The_Brem

Thinking about some OXY $39 puts since oil's been getting fooked for their earnings after hours. Is it fully regarded though?

Jacob_The_Lion

With Warren leaving BRK and OXY still having loads of debt, are we thinking down for OXY?

CanYouPleaseChill

BRK.B is overvalued and nothing about the company impresses me. Why would I want to own a bunch of unrelated businesses under a holding company that can't meaningfully reinvest a lot of capital? Berkshire hasn't taken advantage of the last few downturns to buy much of anything. They still don't pay a dividend. The public equity portfolio doesn't interest me. AAPL is obviously overvalued. Don't know why Buffett still holds any shares. OXY, KHC, and BAC are laggards. BNSF isn't a great railroad company. GEICO isn't a great insurance company.

Slowhand1971

i expect buffet lost his ass on his buys of OXY

dansdansy

Where do you see the dominoes start falling? Do you think it'll be bad enough that US developers like OVV start failing and at that point you go in or are they already struggling enough. OXY is close to pre ukraine prices again so seems like a good bet with Trump pivoting away from leaning on ukraine to surrender quickly and drop sanctions on russia.

meikawaii

Puts on what? OXY? Don’t the bigger companies like XOM and shell have more overseas and offshore exposure? Which ones to get puts ??

meikawaii

OXY going down to $20 range? June production boost, if a recession is coming, demand would be much lower. Lower demand and high production boost, will some North American oil and gas companies that don’t have offshore exposure be rekt?

dansdansy

Energy should be a good pick up soon. OXY and NXT are my picks.

Charming_Yellow5867

Is OXY a thing again?

jamesjulius1970

The one time I follow buffett into a trade it shits the bed, OXY, btw.

PutSpreadDaddi69

You guys love Buffett, huh? He loves OXY. Do you? Oil? Ded

PutSpreadDaddi69

No, I agree, buying OXY bc a 100 did WAS a good idea

Justzyn_Jefferzyn

Buffet wants the trade war to end so OXY can moon. 

PutSpreadDaddi69

You: following a 94 year old into OXY with a president who loves cheap gas Me: filling up my shit for $1.97 a gallon and buying tech

Fadamsmithflyertalk

Punishment for buying OXY....hahahahaahh!

Fadamsmithflyertalk

Punishing himself for investing in OXY, hahahahahahah!

InnerSandersMan

OXY, COP, and BP. Love/ Hate with BP. They always seem so close to turning things around, but often let me down again. OXY seems to be the love of Buffett and others. It's probably my biggest oil holding right now. COP just to track the average/ trend. I sold a Put on OXY recently. Will probably do a few more. My huge energy play now is Uranium. It's an odd market with more volatility, but it's fun and I have a lot of confidence in Uranium long term. It's the only answer, in my opinion, for a world that wants lower emissions and higher consumption.

AxelFauley

You do realize that the OXY bet is literally for a 10+ year horizon? He doesn't swing trade.

heyitsmemaya

Now show a chart of his $OXY Occidental Petroleum purchases vs current and projected future crude oil prices. Go ahead, I’ll wait.

CadetCovfefe

Because of Bershire's ownership % and reporting requirements, we'd know within 2 business days if he had been adding to OXY.

Metacog_Drivel

He also sold airliners when they crashed during COVID and has been buying OXY for a few years now and OXY fucking sucks. He's not infallible.

Walternotwalter

I think they probably bought more OXY. Oil is in the toilet. I have nibbled. CVX's earnings divvy is gonna be nice. The core Permian companies are going to do well.

95Daphne

Ahhh, yes, I'll follow the guy that has piled into OXY as it keeps declining (although I will admit I've been stuck in DVN, another oil name). Actually, if we're really, REAAAALLLLYYYY going to take him to heart, we plebs shouldn't be investing in any stocks at all. Just sticking to ETFs.

pras_srini

Berkshire's stake in Occidental Petroleum common shares is about 28.3%, or $12.9 billion. They have not unloaded any shares, will probably hear more during their annual event happening today. In addition, Berkshire also owns $8.5 billion of Occidental preferred stock. This pays an 8% dividend, and is a debt holding (not an equity stake). Lastly, Berkshire owns warrants to buy another 83.9 million common shares at a strike price of \~$60 a share. These are warrants, and similar to call options, these don't pay any dividends and they will expire at some point. They become valuable if OXY trades up above $60 as they then become in-the-money.

pras_srini

Occidental common stock hasn’t been a good investment for Berkshire at all. The cost basis is in the low $50s per share, versus the \~$40 it is trading at these days. Of course, Berkshire also owns about $8.5 billion of or about 8% Occidental preferred stock and has warrants to buy 84 million shares of common stock at around $60 a share, and these warrants are therefore underwater. I wouldn't call OXY a brilliant setup, at least not yet.

Longjumping-Fact-582

OXY would fit nicely into BHE however he has come out and stated they do not intend to purchase OXY, in any case that all remains to be seen I suspect it has more to do with their strong cash-flow and stated intent to focus on paying down their debt and then focusing on returning excess cash to shareholders via dividends and share repurchases, Another possibility is that it is a hedge on oil prices, large portions of Berkshire are sensitive to oil prices as inputs, for example BNSF, and to a lesser extent the electric utility holdings in BHE, so he could be using OXY to hedge against any kind of supply chain disruptions or macro effects leading to high oil prices. Hard to say exactly what they are thinking over there at Berkshire without seeing the whole picture, but in any case I’m sure they have good reason to be buying

Extreme_Lab_2961

The OXY one is a head scratcher. He owns over 25% and holds a lot of their debt. Not sure what the endgame is other than taking them private

Beastican

OXY possibly given that LNG is being setup as a larger export for US

TibbersGoneWild

He probably bought more OXY when it went down to $35

PreventerWind

Prolly did something basic like owns a majority share of OXY or something lol

Longjumping-Fact-582

I’m gonna bet Berkshire bought more STZ and OXY, not sure what other buys and sells they might have had but feel those are 2 likely buys for them

DrElkSnout

My hunch is it is connected to the Ukraine minerals deal but I can't make the connection. the oil price rise has OXY pumping and with Berkshire Hathaway's investment conference this saturday and the skirt from OXY asking for an open buying I'm holding shares. Unlikely Buffett reverses public statements about not wanting to take over OXY, but it's priced well around $40 anyway. TLDR: no.

DrElkSnout

OXY the rocket. PUMP BITCH PUMP

WormFuckerNi66a

Oil - currently shitting the bed $OXY will stay pumped by Berkshire and his simps.

InnerSandersMan

Great buy on SOXL. I don't follow that, but looks like a nice entry for today. I'll probably get back into OXY. Hopefully, I'm not too late.

qw1ns

That is very normal issue. I follow the OXY from the days of takeover and WB funding 10Bln onwards. In fact, I missed buying OXY when it was $7 -icahn purchased at such prices. OXY is fundamentally strong company, they hold largest oil lands in texas region (bigger than CVX and XOM). If company share price going down, buy, dca and hold long term. Since this is recessionary period, all sectors are going to get affected and prices will go down, that is our opportunity to buy it. I started buying OXY and will continue add every $5 drop in price, other wise hold it. These are not tradable stocks, but investment stocks (no options). If you want to trade, choose TQQQ or SOXL kind of ETFs (today I bought SOXL at $10.95 and holding still at $11.75, may sell it when it reaches above $12.25). Again no options, but just ETFs. Any way, this is my way and there no one solution fits all.

InnerSandersMan

Funny thing is that I got into it because of Buffett. OXY is only down because I invested in it. I have the worst luck on investments like this. I trusted Buffett and hopped in. Now that I've sold 2/3s of my positions it will likely skyrocket.

qw1ns

You have to wait until Monday for oxy to pickup as Warren Buffett holding appx 30% of oxy and his famous yearly meeting is coming on this Saturday may 2nd. If he has added more OXY, potential chances to go up, otherwise same status quo. Second , do not speculate on oxy, just buy low , Eva lower and hold long. IMO, company has strong bones to grow ( based on WB investments ).

angelcoal

I'm a bit confused. You sold OXY and sold a put. If it "shoots to the moon" your put expires worthless--great!---but your short shares are getting killed. How do you "still have 100 shares"?

foggy-moonlight

I am gambling everything. I taught myself how to count cards (level 1 system, easy) and like to play double deck blackjack. Options, lots of options, NVDA, OXY, CMPS. Taking out a 20k loan next week to YOLO in Compass Pathways for Phase 3 data readout. I'm irresponsible. Maxing out my credit cards as well. I own 22k in student loans and keep deferring them for 6 month periods, I will never pay it back. The system is fake, digital numbers on a screen and credit rating is artificial. When collections and tax man come knocking I just disconnect my cell phone and change my name.

goodbodha

I have msft, PFE, OXY, pep, o, IMKTA, carr, tgt, XLI, schd, voo, amzn, and TLT for the lions share of my portfolio I'm part swing trade part dividend investor so don't read too much into those positions as being ideal for dividend investing. Some of those positions are small and some large. Each of them made sense when I opened them and for the most part have worked out. One thing you will probably notice is no qqq and my tech exposure is limited msft, amzn, and voo. If you had seen my account last year I had Costco, Mcd, sbux, NVDA, ko, and a bunch of other things. I ditched most of it back in December and went into a holding position for a few months. April 7th I deployed most of my capital as I think that was close to the bottom. The day I did that I went down my list of ideas and bought what made sense at that moment. I figure over the next few months I will wind down the TLT position for the most part and look for other opportunities.

ShellfishJelloFarts

!p OXY

tubiornot

My finance bro buddy recommended these four: KO, BRK-B, CF & OXY - roughly equal money into each. I have a brokerage acct on the side. Gambling essentially. We bet on which one would garner more growth. His recs or my hubris. He's obliterating me.

Echo-Possible

Could be. But he hasn’t been trimming his entire portfolio, just Apple holdings. And he’s been buying up oil and gas lately (OXY) which is not something you would do if you were trying to time macro environment and imminent recession.

Echo-Possible

To be fair he started selling his Apple shares in late 2023 and early 2024 so this isn't a recent move. The market marched higher in 2024 after he started sellign and Apple is still up 10-20% from when he was selling. I think it had more to do with Apple becoming 50% of his portfolio and having stretched multiples than him trying to time the market for some future trade war event before the election happened. If he was trying to time short term macro he would be trimming all positions not just Apple. He was buying more OXY in Q1 before the tariffs were announced and oil and gas does very poorly during a recession. He's down 40% YoY on his original shares and 20% on his new shares.

Echo-Possible

Disagree. Why was he buying Occidental (oil and gas) in Q1 right before the tariff announcements? Oil and gas performs horribly in recessions. The answer is he isn't trying to time short term macro. He's investing in the long term and felt there was good value in OXY regardless of what happens the next couple years with any potential recession (short term). He is deleveraging Apple based on his investing principles.

Matthew-Ginter

With all the craziness over the last 3 or so months I have dialled back a-lot of my positions about 30% of my portfolio is in bonds, 20% is in a split of VYM, SCHD, VTI (I know theres overlap I am 22 and young and dumb) 43.5% is in individual stocks (PEP, XOM, OXY, MO, WMT) which I had scaled back on and took profits in February and March so the loses I am taking due to the uncertainty isn’t bothering me too much, Finally i have 1.5% of my portfolio in super risky low probability of return stocks, and finally I carry 10% cash. Anyways I am wondering since I have a cash and savings that are ready to be used as I have too large of a emergency fund what ETF would you pick to DCA into especially in the current market sentiment. My goal is to purchase a home with a very large down payment in the next 5 years I have 30k at the moment and I am hoping to have 100k in the next 5 years. Finally I just want to mention that this is in a TFSA in Canada and I plan on diverting most of my free cash to a FHSA (First home savings account which is a TFSA account for a home in Canada) where plan to do a three way split between an ETF, Canadian Bonds, and American bonds.

jnas_19

Feel bad for the Sirius XM and OXY buyers who bought cause Buffett did.

Alone-Supermarket-98

OXY is a proxy for oil prices as it is very upstream heavy, strong fcf, ok dividend, strong buybacks, a discount to the market, he likes management, and remember, buffet is not investing for a trade, he is trying to match very long duration liabilities in his portfolio.

Sanpaku

Upstream oil companies are *easily* the best values in the current market. Most are trading at a ttm earnings yield above 6%. OPEC won't accept less than $70 for [its basket](https://oilprice.com/oil-price-charts/29) for long. OXY is nowhere near the best as a short term investment. But Buffett is managing so much money he doesn't get to buy the the most undervalued, which are all micro and small caps. He gets to buy large caps. OXY has few US competitors here. Maybe EXE if Buffett trusted the management (I wouldn't).

Tomoshen

Oil companies are basically printing money machines when prices are decent. OXY's FCF yield is ridiculous compared to most of the market. It's about as straightforward as investments get - they pull valuable stuff from the ground at costs way below what they can sell it for. When you've got the Permian assets OXY has, that's basically a license to print cash.

SnS2500

If he stops supporting it, OXY collapses. OXY is his albatross.

SandF

OXY bought a great position in the Permian basin (acquiring Altura for a song) because no one could get at the oil and gas, in advance of fracking tech that now lets them get at it. [Munger talking about BRK's purchase of Andarko](https://youtu.be/T5-re2X-YSY?si=7Lo-C21uZU0GonKM&t=443): "It's perfectly obvious. The Permian basis is our number one oil reservoir, there isn't another one like it, and it's perfectly obvious....How much brains does it take to know that the Permian Basin is America's best oil reservoir? It's layer after layer after layer, there is nothing comparable... and you have an 8% dividend off the top, if from a perfectly reputable place of very talented people...they get better results in that shale than other people...It's a no-brainer if you don't make it hard."

Ok_Heat_1640

Any Canadians looking at the OXY CDR hedged? Why is it Cheaper than the Us listed stock price?

GraniteShares-ETFs

Buffett sees OXY as a cash machine with killer assets. Carbon capture’s a bonus he’s really just betting on oil staying essential &OXY printing money through it.

behindcl0seddrs

People don’t do research. Look into WHY Berkshire is around all time highs. I’ll give you a hint, almost every single stock is DOWN..apple..OXY..all of them..yet Berkshire is where it is. Hope that sparks some curiosity

RN_Geo

My first "trade." Not really knowing what exactly I was doing, made a shit ton just buying shares. OXY tetering on bk and getting shares for $10. All kinds of wildcat outfits selling for pennies. Happy to do that again.

Glam34

and oil. Not gonna miss OXY at 10 this time

gorimir15

I bought OXY warrants at $3. They made it to $52. If I hadn't been brand new to investing I might have made a million then and there.

IntrepidFarmer5666

UUUU 6c 5/16 WOLF 3c 6/20 CMCSA 35c 1/2027 MU 80c 5/16 OXY 42.5c 5/16 When you see extremely high volume on certain options like these it’s a good indicator of big swings happening since large bets are being placed and these are likely the most profitable 

The_Jeremy_O

Bro don’t tell me I bought $OXY calls at the top 😔

Bad_Driver69

OXY back at $40 🥳

OilBull

OXY up 10% in a few days ⛽️

pinghing

McDonald's, OXY, goog, Eli lilly, janover, ibit, cava

Rock_and_stock

It is clear that you will earn a lot of money in 3-4 years! Tell me 3 that are better than OXY!

foggy-moonlight

Good way to lose 10k. If you're smart: OXY $50c, exp Jan 15, 2027. If you want high risk - high reward, you can consider a 10k YOLO into Compass Pathways, ticker CMPS, major catalyst coming at the end of June. You will be rewarded for your patience, don't blow 10k on weeklies.

Spirited-Usual-3023

Literally one day after Jim Cramer said Sell OXY on TV. My OXY shares are green as fuck

TheCatOfWallSt

Idk about you but I bought $81,000 worth of MU stock today (1110 shares), and that’s after I made $10k buying AMD and OXY at the lows last week. Stop buying options and start buying shares in billion dollar companies with established investors and revenue.

throwingitanyway

I think OXY is extremely undervalued and I think it's more of a Tech stock than an oil company. I seriously think Occidental Petroleum will easily be above $100 in due time. Not next week but it will get there eventually and higher. As much as people hate them; they are doing a lot right and I think it's a great buy right now even with current market conditions.

throwaway0896z

OXY is $38 dayum

Ruszell

You're getting an even better deal on OXY now than Buffet got. Same could be said with ol boy Monish buying AMR and HCC stocks.

lionelmessiah1

Wdym be gets a better deal? His trades are publicly available. I googled this and see that he bought OXY in Sept last year at around $50 and again in December around $45.

Airhostnyc

He still owns Coke, BA, Kraft, Apple, OXY, American Express, Chevron etc And Bonds just dropped crazy lol

mittens1982

Math checks out stud muffin, now hit this blunt while I go grab you another beer and OXY pill.

ftmech

Rating: 6/10. Rationale: OXY benefits from a high-growth TAM and attractive P/E, but inconsistent revenue growth (-5.4% in 2024) and volatile margins (9% in 2024 vs. 34.3% in 2022) limit its appeal. It’s investable for value investors seeking exposure to Permian assets and CCUS, but not a top-tier growth stock for 10 years due to cyclical risks. Stability from OxyChem and debt reduction are positives, but the lack of steady 10–30% YoY growth and margin expansion caps the score.

ftmech

Final Thoughts OXY is a compelling but cyclical investment. Its Permian dominance, OxyChem stability, and CCUS potential are strengths, but revenue inconsistency and commodity exposure pose risks. The 6/10 rating reflects solid fundamentals offset by volatile growth and margins. For a 10-year horizon, investors should monitor oil prices, debt reduction, and CCUS progress. If you prioritize stability, EOG or CVX may offer better consistency; if you’re bullish on oil and CCUS, OXY’s value (P/E 13.94) is attractive.

ftmech

Ai 1. Market Size Associated with OXY Occidental Petroleum operates primarily in the oil and gas exploration and production (E&P) sector, with additional segments in chemicals (OxyChem) and midstream/marketing. The global oil and gas market size is vast, with estimates for 2024 at approximately $5 trillion for the upstream, midstream, and downstream segments combined, driven by global energy demand. The upstream E&P segment, OXY’s core focus, is roughly $1.5–2 trillion, depending on oil prices and production volumes. The Permian Basin, where OXY has significant operations, is a key contributor to U.S. production, accounting for about 5 million barrels per day (bpd) or roughly 40% of U.S. crude output. For context, the total addressable market (TAM) for OXY includes: Oil and Gas E&P: Global crude oil demand (~100 million bpd) and natural gas markets. Chemicals (OxyChem): Basic chemicals and vinyls, a $300–400 billion market. Carbon Capture (Low-Carbon Ventures): Emerging market, projected to reach $100 billion by 2030. OXY’s TAM is high-growth in the long term due to persistent energy demand and the transition to lower-carbon solutions, but short-term volatility tied to commodity prices impacts revenue predictability. 2. Breakdown of Leaders with Market Share The oil and gas E&P sector is fragmented, with no single company dominating globally due to state-owned enterprises (e.g., Saudi Aramco) and diverse regional players. Among publicly traded companies, market share is often measured by production volume or market capitalization. Here’s a breakdown of key publicly traded leaders in the U.S. E&P space, focusing on the Permian Basin where OXY is a major player: ExxonMobil (XOM): Production: ~3.8 million barrels of oil equivalent per day (BOE/d) globally, ~600,000 BOE/d in Permian. Market Share: ~10–12% of U.S. E&P production. Market Cap: ~$500 billion. Chevron (CVX): Production: ~3 million BOE/d globally, ~700,000 BOE/d in Permian. Market Share: ~10% of U.S. E&P production. Market Cap: ~$270 billion. Occidental Petroleum (OXY): Production: ~1.33 million BOE/d (2024), ~800,000 BOE/d in Permian. Market Share: ~6–8% of U.S. E&P production. Market Cap: ~$34 billion. Pioneer Natural Resources (now part of XOM):

ftmech

I use ai screeners. I ran oxy through mine and broke it down in under 2 mins: 1. Market Size Associated with OXY Occidental Petroleum operates primarily in the oil and gas exploration and production (E&P) sector, with additional segments in chemicals (OxyChem) and midstream/marketing. The global oil and gas market size is vast, with estimates for 2024 at approximately $5 trillion for the upstream, midstream, and downstream segments combined, driven by global energy demand. The upstream E&P segment, OXY’s core focus, is roughly $1.5–2 trillion, depending on oil prices and production volumes. The Permian Basin, where OXY has significant operations, is a key contributor to U.S. production, accounting for about 5 million barrels per day (bpd) or roughly 40% of U.S. crude output. For context, the total addressable market (TAM) for OXY includes: Oil and Gas E&P: Global crude oil demand (~100 million bpd) and natural gas markets. Chemicals (OxyChem): Basic chemicals and vinyls, a $300–400 billion market. Carbon Capture (Low-Carbon Ventures): Emerging market, projected to reach $100 billion by 2030. OXY’s TAM is high-growth in the long term due to persistent energy demand and the transition to lower-carbon solutions, but short-term volatility tied to commodity prices impacts revenue predictability. 2. Breakdown of Leaders with Market Share The oil and gas E&P sector is fragmented, with no single company dominating globally due to state-owned enterprises (e.g., Saudi Aramco) and diverse regional players. Among publicly traded companies, market share is often measured by production volume or market capitalization. Here’s a breakdown of key publicly traded leaders in the U.S. E&P space, focusing on the Permian Basin where OXY is a major player: ExxonMobil (XOM): Production: ~3.8 million barrels of oil equivalent per day (BOE/d) globally, ~600,000 BOE/d in Permian. Market Share: ~10–12% of U.S. E&P production. Market Cap: ~$500 billion. Chevron (CVX): Production: ~3 million BOE/d globally, ~700,000 BOE/d in Permian. Market Share: ~10% of U.S. E&P production. Market Cap: ~$270 billion. Occidental Petroleum (OXY): Production: ~1.33 million BOE/d (2024), ~800,000 BOE/d in Permian. Market Share: ~6–8% of U.S. E&P production. Market Cap: ~$34 billion. Pioneer Natural Resources (now part of XOM):  Give me the market size associated with the stock below, give me a breakdown of the leaders with market share, give me a breakdown of the leaders with their revenue per / year, give me the moat for the specific company, give a chart of the last 5 years for revenue and net margin, give me a comparison of the revenue/margin compared to the top leaders in the market that are publicly traded stocks. Give me a break down of the options open interest and call contracts to puts contract ratio. Are there upcoming catalysts or rumors that will increase the stock price. Are there upcoming headwinds which will decrease stock price? The stock we are looking at is OXY .Decide with the ideal conditions if the company is investable with a rating from 0 to 10 being the best company for the next 10 years. The metrics we want to check are TAM is high growth, company revenue has grown 10-30% year over year, company margins are always profitable and increasing, or margins are transitioning to profitable, and P/E ratio relative to the growth of the company and industry relative peers is not too expensive. Under 50 P/E is ideal and the lower the better. Place more weighting in how consistent the revenue is growing every single year as well as how stable / increasing the margins are. What are the free cash flow for the last 5 years? What is the total debt for each of the last 5 years?    24 web pages I’ll provide a detailed analysis of Occidental Petroleum Corporation (OXY) based on your request, covering market size, market share leaders, revenue, moat, financial metrics, options data, catalysts, headwinds, investability, and more. I’ll use available data and critical analysis to ensure accuracy, but note that some specific figures (e.g., exact market share percentages or real-time options data) may require assumptions or approximations due to limited public granularity. Let’s dive in. 1. Market Size Associated with OXY Occidental Petroleum operates primarily in the oil and gas exploration and production (E&P) sector, with additional segments in chemicals (OxyChem) and midstream/marketing. The global oil and gas market size is vast, with estimates for 2024 at approximately $5 trillion for the upstream, midstream, and downstream segments combined, driven by global energy demand. The upstream E&P segment, OXY’s core focus, is roughly $1.5–2 trillion, depending on oil prices and production volumes. The Permian Basin, where OXY has significant operations, is a key contributor to U.S. production, accounting for about 5 million barrels per day (bpd) or roughly 40% of U.S. crude output. For context, the total addressable market (TAM) for OXY includes: Oil and Gas E&P: Global crude oil demand (~100 million bpd) and natural gas markets. Chemicals (OxyChem): Basic chemicals and vinyls, a $300–400 billion market. Carbon Capture (Low-Carbon Ventures): Emerging market, projected to reach $100 billion by 2030. OXY’s TAM is high-growth in the long term due to persistent energy demand and the transition to lower-carbon solutions, but short-term volatility tied to commodity prices impacts revenue predictability. 2. Breakdown of Leaders with Market Share The oil and gas E&P sector is fragmented, with no single company dominating globally due to state-owned enterprises (e.g., Saudi Aramco) and diverse regional players. Among publicly traded companies, market share is often measured by production volume or market capitalization. Here’s a breakdown of key publicly traded leaders in the U.S. E&P space, focusing on the Permian Basin where OXY is a major player: ExxonMobil (XOM): Production: ~3.8 million barrels of oil equivalent per day (BOE/d) globally, ~600,000 BOE/d in Permian. Market Share: ~10–12% of U.S. E&P production. Market Cap: ~$500 billion. Chevron (CVX): Production: ~3 million BOE/d globally, ~700,000 BOE/d in Permian. Market Share: ~10% of U.S. E&P production. Market Cap: ~$270 billion. Occidental Petroleum (OXY): Production: ~1.33 million BOE/d (2024), ~800,000 BOE/d in Permian. Market Share: ~6–8% of U.S. E&P production. Market Cap: ~$34 billion. Pioneer Natural Resources (now part of XOM):

surmoiFire

now you can buy OXY with lower price than Buffett

GMUPacificIslander

Gives me faith in my OXY shares if buffet is there holding bags with me.

aftherith

Buffet bag holding OXY and SIRI so bad 

Lost_Percentage_5663

Buffett's commodity bets are way worse than his franchise bets. I know OXY is cheap and will make money in 3 years. But I also know that better companies orderly cheap now.

robbinhood69

Buffet is 50% cash and still hasn't bought the OXY dip despite top blasting it for years go look at that chart

Sapere_aude75

I think Buffetts OXY holdings are not common shares. Pretty sure he gets big dividends from his ownership, but could be wrong. This is what I've read but have not actually checked myself

J_da_CPA

OXY is one of the shittiest stocks out there F you Buffet 

IncomingAxofKindness

Yeah but just a wimpy one. On OXY, for next week.

DrElkSnout

It's insane actually. NVDA should be 90% separate from OXY except that maybe you could claim energy costs increasing my eat into shipment costs for NVDA's chips, but a direct 100% correlcation? Nah, like WT actual F?

Beach_Trading_

I like OXY

sullymichaels

I sold 90% of my 401k at the end of March. Saved 10% dip. Put it in a fixed 3.5%. Leaving it there. Think Q3 is when we see ramifications. And I think we are in for more dips. I also don't think things are back to "normal" for some time - years? All that volatility. I'll trade options in my IRA. Cash secured puts & covered calls - of things in ok with owning/selling - at prices I'm ok with buying/selling. Between both accounts, I've got 60%+ in cash or fixed, the rest in a mix of stocks and funds. I'll buy a few things on dips. But small amounts (PFE, XLE, OXY). I'm also considering selling more if there are sudden spikes. No rush to jump back in until stability is back.

Sweaty-Sherbet-6926

!banbet OXY 50 7d

DrElkSnout

I bought puts on OXY yesterday. I could not even f'ing believe today's rally. Holding the puts. I'm not confident the market has truly realized the tariffs are still 125% on China. It's not like that's 125% to Nepal. Today just felt like a massive short squeeze for exit liquidity. I'm hedging my bets in both directions, but I wouldn't be surprised if end of week we are below this morning's open.

trumpdiego

OXY Old man Buffett's most hated and loved.

Control_the_Guh

Idk, OXY 50c at open I guess.

OilBull

10,000 shares of OXY at $35 secured.

VegasWorldwide

its definitely a long position for Buffet and I see no adjustment for him since his laster quarterly report. The companies he did adjust was selling a lot of BAC & APPL. but he didn't cut shares of OXY? I'll pass for now but with this guys track record, watch it get back to $60 within the next year. I did buy up some AXP.

AlfredoAllenPoe

You shouldn't buy OXY because you don't have access to preferred shares like Buffett. Buffett gets a cumulative 8% perpetual dividend with his preferred shares. Your OXY shares don't have a guaranteed 8% return like Buffett's does.