Warren Buffett has made some rather bearish moves in Berkshire Hathaway's (BRK.A 0.80%) (BRK.B 0.95%) stock portfolio in the past few quarters. Most notably, the legendary investor disposed of significant portions of both the Apple and Bank of America investments that have performed extremely well for Berkshire. It's been quite a while since Buffett and his team have been net buyers of stocks.However, we recently learned that Buffett took advantage of the recent stock market sell-off by adding to three of B ...

Buffett hasn't been a big buyer in 2024, but he thinks these stocks present great value right now.Warren Buffett hasn't seen a lot to like in the stock market lately. Through the first three quarters of 2024, Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) sold $133 billion worth of stock from the portfolio he manages for the conglomerate. While he's made a few new purchases in that time, they total just $5.8 billion.As many stocks have seen their price rise faster than their underlying earnings, valuations ...

I analyze oil and gas companies like Occidental Petroleum and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign ...

Core Insights - Warren Buffett's continued investment in Occidental Petroleum indicates confidence in the company's potential despite broader market challenges [1][12][17] Company Overview - Berkshire Hathaway has increased its stake in Occidental Petroleum to over 260 million shares, valued at over $12 billion, making it the conglomerate's sixth-largest stock holding [2] - Under CEO Vicki Hollub's leadership, Occidental is recognized for its operational expertise in fracking, which is considered a valuable skill in the current energy landscape [3][8] Industry Context - The oil and gas sector is not on the verge of obsolescence, as evidenced by the U.S. Energy Information Administration reporting that 60% of the country's electricity still comes from fossil fuels [9][14] - Goldman Sachs projects that global oil demand will continue to grow, potentially peaking at 110 million barrels per day by 2035, with OPEC not expecting "peak oil" until 2050 [15] Investment Rationale - Occidental is positioned to benefit from the anticipated growth in the carbon-capture industry, which is expected to grow at an annualized rate of 22% through 2033 [5] - The company's stock is currently priced 30% below its consensus price target of $61.48, suggesting potential for appreciation [6] Strategic Moves - Occidental is divesting non-core assets to focus on its primary business, enhancing its operational efficiency [8] - The majority of Occidental's projects are strategically located in the Permian Basin, providing access to essential infrastructure [13]

Warren Buffett's company, Berkshire Hathaway (BRK.A 1.37%) (BRK.B 0.86%), can't seem to get enough of Occidental Petroleum (OXY 3.90%). The conglomerate recently purchased another 8.9 million shares of the oil company for $405 million. Buffett's company now owns over 264 million shares worth almost $12.5 billion, totaling more than 28% of Occidental's outstanding shares. Here's a look at the likely factors driving Berkshire Hathaway to scoop up so much of the oil stock and some things to consider before you ...

Group 1: Investment Strategy - Warren Buffett is a value investor focusing on undervalued businesses with solid fundamentals and a competitive advantage [1] - Throughout 2024, Buffett and Berkshire Hathaway have been net sellers, indicating a bearish outlook despite holding a record cash position [1] Group 2: Recent Investments - Buffett made significant investments in Occidental Petroleum, purchasing 8,896,890 shares valued at approximately $409.15 million between December 17 and December 19, with prices ranging from $45.54 to $46.91 per share [13] - Buffett also invested $107.23 million in SiriusXM, acquiring 4,963,844 shares at prices between $20.84 and $22.49 during the same period [6] - Additionally, a $45.4 million investment was made in Verisign, purchasing 234,312 shares from December 17 to December 19 [9] Group 3: Company Performance - Occidental Petroleum's stock is down 22.20% year-to-date but has beaten earnings expectations for three consecutive quarters [4] - SiriusXM has experienced a significant decline of 59.26% in share value since the beginning of the year, yet it holds a unique position as the only licensed satellite radio operator in the U.S. [15]

Shares of Occidental Petroleum Corp (NYSE:OXY) are up 4.4% at $47.36 at last glance, after Warren Buffett's Berkshire Hathaway (BRK) bought an addition 8.9 million shares in the energy producer. This is just one of the conglomerate's moves to buy stocks on the dip after the recent selloff, and Occidental is Berkshire's sixth-largest equity holding. OXY has moved lower since breaking below support at the $50 level earlier this month, and yesterday hit a two-year low of $45.17. The stock's "oversold" conditio ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market at the end of 2024, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and ...

Based on my analysis, I believe in the long-term potential for Occidental Petroleum (NYSE: OXY ). Despite near-term headwinds, OXY's initiatives in margin enhancement can provide significant value to shareholders. Moreover, as the company continues to strengthen its balance sheet, there isWith over 7 years of experience in the buy-side, my investment philosophy is rooted in both fundamental bottom-up analysis and quantitative modelling. My forte lies in identifying perception gaps to capitalize on over-pess ...

Every once in a while, the markets align themselves to offer investors a perfect way to get into a specific sector, with every tailwind behind it coming from other asset classes. Today, there are tailwinds brewing in the spreads between value stocks and growth stocks, which have fallen to a multi-decade low to show investors a potential shift in the market for the coming months. When investors graph out the difference between prices in the iShares S&P 500 Value ETF NYSEARCA: IVE and its distant opposite the ...