Occidental Petroleum (OXY): Why would Warren Buffett buy a dirty, cyclical oil company? - Seeking Alpha
7/11/2022 12:00:00 AM3 years 7 months ago
by Bill Kort
by Bill Kort
In buying Occidental Buffett is applying superb analysis to an industry that he knows, taking a knowledge-based contrary view to the idea that the death of hydrocarbons is here. Read more...
teekid This is a big departure from Buffetts normal approach toinvestment in energy assets where he is buying distribution assets with strong, dependable cash flows, Berkshire Hathaway Energy ("BHE"… [+5550 chars]
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