Thread regarding Occidental Petroleum Corp. layoffs

Buffet still sticking it to VH…

By backing up the truck and buying a sh*tload of shares in the smarter company…

by
| 2197 views | | 8 replies (last )
Post ID: @OP+1gvpKEBQ

8 replies (most recent on top)

We are 15% right now

https://www.barrons.com/articles/berkshire-hathaway-occidental-petroleum-stock-buys-stake-51651717659

by
|
Post ID: @5mxn+1gvpKEBQ

Do not forget VH said she will sell for the right price!

by
|
Post ID: @4rug+1gvpKEBQ

It will be a great buy for someone when the war is over and oil prices( and stock prices) retreat. When that happens many shareholders would sell out for 5 dollars above the price at that time.

by
|
Post ID: @2ehp+1gvpKEBQ

For the reserves and LCV business. Most employees would not be retained. Oxy has a pretty nice LCV story and Chevron and some others are not as far along in that area.

by
|
Post ID: @2nof+1gvpKEBQ

Why would chevron touch a company like Oxy?

by
|
Post ID: @1lfb+1gvpKEBQ

Chevron and OXY would not merge. Chevron could easily acquire OXY, but it would be an acquisition, not a merger.

by
|
Post ID: @1cue+1gvpKEBQ

Buffet just bought a ton of Chevron as well. I read a few articles that said he would not take Oxy private now. But would it be something if Chevron and Oxy merged. I heard Buffet really believes in VH.

by
|
Post ID: @1dkq+1gvpKEBQ

Post a reply

: