Occidental Petroleum Stock Discussion

crew101 : Master how about SGN?

venkym : $Zoomcar Holdings (ZCAR.US)$ recently only run high, do u think it'll go immediately? pattern tells it take long time. any inputs from you as it has any events soon?

Tonyco : Bad bet. He screws up alot these days.
Even should Republicans scrap the entirety of IRA it still won't change the transition from oil. Mostly on account of it burning up the planet.
Besides that, Cali law already adopted by other states prohibiting ICE vehicles from being made anymore.
And even if Republican stacked court shoots it down, EU already passed a similar law.
Not a good long term hold

Dan’l OP Tonyco : I certainly wouldn’t so quickly dismiss the economic rationality of the decisions implemented by Warren Buffett and others at Berkshire Hathaway, most especially based upon the irrational malfeasance that Gavin Newsome and other so-called Progressive Democrats have enacted: “Let’s ban [oil and gas], and force EVs [despite rolling blackouts, and burning coal to make the electricity we still can’t deliver to meet current demand].”
Hydrocarbons are it, ‘til HALEU-powered SMRs become common, and even then? They’re still gonna be building coal plants in China, India, et al.
When millions starving elsewhere, burning dung indoors, are no longer enduring their sufferings from abject poverty? They, too, can afford the shortsighted policies of CA, the EU, etc.
Meanwhile, unlike these empty suits, $Occidental Petroleum (OXY.US)$ has been doing something meaningful about sustainability, injecting up to 20 million tons of CO2 into geologic reservoirs for each of over 50 years… might be a factor in Buffett’s decision.
Transitioning requires realistic alternatives that actually work, such as natural gas and nuclear power, and in the interim? America produces the cleanest oil and gas with the least harm.

PeterLow : all local american petroleum company will be benefit

Toking Tomas : maybe War in Mid East will fan it.

Deep Sea OP Toking Tomas : This is the catalyst for oil price to spike.

Dan’l : $Occidental Petroleum (OXY.US)$  isn’t just the leading producer of oil & gas in strategic areas, but in critical and midstream power, and also: OxyChem is the top producer of chlorine-alkali chemistry, and also vinyl, chlorinated organics,… just beginning to see why Buffett  upped $Berkshire Hathaway-A (BRK.A.US)$  and/or $Berkshire Hathaway-B (BRK.B.US)$  to 28% (beyond the fact his move altered OXY’s downward trajectory ~;-)

73372627 : Interesting your remarks. I will have something to say about Oil Segment here you represented by OXY. The same trend is see overal in oil segment, and the stocks prices now stand only in crude oil price. The new administration will open this segment and I preview that the February will be the key stone on bullish trend.
NVDA I see sttart perform normally in begin-mid January and TSLA to fall or sky after ER and business disclosure.

Ultratech : what do you mean no clear sign. look at the daily

Dreamboat OP 73372627 : have different views

104088143 : Good

104088143 : nice

103435069 : come on

101721316 : not a good idea

一击即中 : I have already bought $3000, even if I lose. I want to witness Buffett's magnificent challenge once!

Toking Tomas OP 一击即中 : I think if have the power to hold the stock, the day will arrive...

styleomileo : I always mirror the great sage of Omaha and stay the course.  definitely buying OXY and Sirius