Energy firms are getting record profit in years: How to invest?
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Wendyfbe
joined discussion · Aug 4, 2022 04:23
$Occidental Petroleum (OXY.US)$ is now a popular retail stoc...
$Occidental Petroleum (OXY.US)$ is now a popular retail stock thanks to the Warren Buffet effect.
Ever since Berkshire revealed a $5B $OXY stake in March, the stock has witnessed a 16.5X increase in average daily net flows from retail — from $500K a day to $8.25M, per VandaTrack.
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Violets : is that why there weren't better earnings movement? because earnings were great plus they paid down their debt. I just don't understand these companies that short their stock when they have great earnings
persistent Beaver_02 : Now that is a tremendous leap too be proud of! thank you Mr Buffet
persistent Beaver_02 : I've been plucking butt.. too persistent lol woohoo