Going into the fourth quarter of 2024, Warren Buffett had been a net seller of stocks for eight consecutive quarters. The streak has now increased to nine after Berkshire Hathaway disclosed its Q4 holdings.However, Buffett didn't only sell stocks in the latest quarter. The legendary investor bought six stocks in Q4, and one stands out as the best of the bunch. All the stocks Buffett bought in Q4Buffett initiated a new position in only one stock in Q4, buying 5.62 million shares of Constellation Brands (STZ ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.He leads the investing group Beyond the Wall Investing with features that include: a fundamentals-based portfolio, weekly analysis on insights from institutional investors, regular alerts for short-term trade ideas based on technical signals, ticker ...

In its upcoming report, Occidental Petroleum (OXY) is predicted by Wall Street analysts to post quarterly earnings of $0.67 per share, reflecting a decline of 9.5% compared to the same period last year. Revenues are forecasted to be $7.14 billion, representing a year-over-year decrease of 5.2%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 22.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections d ...

Key TakeawaysWarren Buffett’s Berkshire Hathaway purchased 763,017 shares of Occidental Petroleum on Friday for $35.7 million, according to a regulatory filing Tuesday.The investment firm has grown its stake in recent years, but Buffett has said he has no interest in taking a majority ownership stake in the company.The stock has dropped about 17% over the past year.  Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) purchased 763,017 shares of Occidental Petroleum (OXY) on Friday for $35.7 million, accordi ...

Taking a page from an expert’s book is often a wise decision — and if anyone can be called an expert when it comes to investing, it’s Warren Buffett.The chairman and chief executive officer (CEO) of Berkshire Hathaway (NYSE: BRK.B) is in rare company when it comes to picking stocks — as he has a long history of outperforming the market. However, the ‘Oracle of Omaha’ didn’t accomplish this feat through risky trades, complex derivatives, or timing the market.Instead, Buffett’s approach relies on value invest ...

Ecopetrol S.A. (EC) , a Colombian state-owned energy firm, has announced an extension of the development plan of Rodeo Midland Basin LLC with its joint-venture partner Occidental Petroleum (OXY) . Per Reuters, the two companies have agreed to renew their joint venture (JV), which was first established in July 2019.The JV’s future seemed uncertain when Ecopetrol stepped out of a different deal to acquire certain assets owned by Occidental for $3.6 billion, in August 2024. The assets were located within the P ...

Core Insights - Warren Buffett's investment strategy focuses on acquiring high-quality businesses, with recent significant purchases in Occidental Petroleum, Sirius XM, and VeriSign [3][4][15] - Berkshire Hathaway has built substantial stakes in these companies, with Occidental Petroleum being a standout due to its dominant position in the Permian Basin and its opportunistic acquisition strategy [4][5][10] - VeriSign is highlighted as a "wonderful business" with a strong monopoly on .com and .net domain registrations, showing impressive revenue and earnings growth potential despite its higher valuation [9][14][17] Group 1: Berkshire Hathaway's Recent Purchases - Buffett's recent investments include 8.9 million shares of Occidental Petroleum for $409 million, 5 million shares of Sirius XM for $107 million, and 474,000 shares of VeriSign for $94 million [10] - Berkshire Hathaway now owns 28.2% of Occidental Petroleum and 34.6% of Sirius XM, indicating a strong commitment to these positions [5][6] - The investment in Occidental Petroleum has been strategic, with Buffett purchasing shares when prices are favorable compared to the warrants attached to preferred shares [5] Group 2: Occidental Petroleum - Occidental Petroleum has been a key focus for Buffett since his initial $10 billion investment in preferred shares in 2019, which facilitated the acquisition of Anadarko [4] - The company benefits from low-cost oil production in the Permian Basin, but its stock performance is closely tied to fluctuations in oil prices [4][5] - The investment strategy has been opportunistic, with Buffett capitalizing on price dips to increase his stake [5] Group 3: Sirius XM - Berkshire's stake in Sirius XM was primarily acquired through Liberty SiriusXM tracking stock, which traded at a discount [6] - The company continues to grow its position in Sirius XM, reflecting confidence in its long-term prospects despite challenges in the streaming market [6][16] Group 4: VeriSign - VeriSign holds exclusive rights to .com and .net domain registrations, with contracts that allow for annual price increases of 7% and 10% respectively [9][12] - The company has demonstrated strong operating leverage, with net earnings growing 146% over the past decade alongside 51% revenue growth [13] - Despite a higher valuation at nearly 25 times forward earnings estimates, the potential for double-digit EPS growth makes it an attractive investment [17]

Occidental Petroleum Corp (NYSE: OXY), a favorite of Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A), continues to record losses even as the billionaire maintains confidence in the company.OXY has taken another hit after the equity fell to its lowest since December 2024. The stock closed at $46.65 on January 31, down 4.64% on the day, marking a significant retreat from recent highs when OXY attempted to hold above the $50 mark. OXY stock price chart. Source: BarchartThe stock’s price has been volatile ove ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!It's always frustrating to see a stock you believe in constantly underperforming the broader market. This is exactly my feeling when I look at my coverage history of Occidental Petroleum CorporationDaniel Sereda is chief investment analyst at a family office whose i ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Occidental Petroleum (OXY) , which belongs to the Zacks Oil and Gas - Integrated - United States industry, could be a great candidate to consider.This oil and gas exploration and production company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters wa ...