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05/13/25 7:34 PM

#2427 RE: bar1080 #2426

Bar, >> OXY <<

It will be interesting to see if Buffett continues to add to the OXY position at these lower levels. Berkshire can reportedly get up to ~ 49% of the outstanding shares. Being so sensitive to the oil price has hurt OXY in recent months, and the company has a relatively high level of debt. Also, the 'CO2 recapture' angle is no longer as compelling with Trump in office, and also the 'drill baby drill' side can depress the oil price. But those are the risks with the oil / gas sector.



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