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 ...

Core Viewpoint - Ecopetrol S.A. has extended its development plan with Occidental Petroleum for the Rodeo Midland Basin, continuing exploration and production activities in the Permian Basin despite previous uncertainties regarding their joint venture [1][2]. Group 1: Joint Venture and Development Plans - The joint venture between Ecopetrol and Occidental Petroleum was first established in July 2019 and has now been renewed [1]. - The new drilling plan includes the drilling of 34 wells between April 2025 and June 2026, with initial drilling activities expected to commence in early 2025 [3]. - An independent contract for the Delaware sub-basin will also be active until 2027, contingent on future interests and macroeconomic conditions [4]. Group 2: Production and Investment - Ecopetrol's production in the Permian Basin has increased by nearly 62%, reaching 95,200 barrels of oil equivalent per day (boe/d) according to the third-quarter report [5]. - The 2025 plan for the Delaware and Midland sub-basins includes an estimated investment of $885 million, with plans to drill approximately 91 development wells, aiming for an average annual production close to 90,000 boe/d net to Ecopetrol Permian [6].

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 ...

Core Insights - Occidental Petroleum Corporation has been underperforming compared to the broader market, causing frustration among investors [1] Group 1: Company Overview - The article discusses the investment perspective on Occidental Petroleum Corporation, highlighting the challenges faced by the company in terms of stock performance [1] Group 2: Analyst Perspective - Daniel Sereda, a chief investment analyst, emphasizes the importance of filtering vast amounts of information to identify critical investment ideas [1] - The investing group "Beyond the Wall Investing" provides access to high-quality analysis similar to that used by institutional market participants [1]

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 ...

Warren Buffett's Investment Strategy - Warren Buffett's investment strategy focuses on buying quality companies at the right price and holding them for the long term, avoiding panic-selling during market downturns and not chasing hot stocks during market highs [1] - This strategy has enabled Berkshire Hathaway to achieve a compounded annual gain of over 19% over 58 years, significantly outperforming the S&P 500's 10% increase [2] Recent Market Behavior and Buffett's Actions - Despite the S&P 500, Dow Jones Industrial Average, and Nasdaq posting double-digit increases last year, Buffett has been a net seller of stocks, with Berkshire Hathaway's cash reaching record levels [3] - Buffett has criticized the market's "casino-like behavior" in his latest shareholder letter, indicating a cautious approach [3] Buffett's Recent Stock Purchases - Buffett invested $610 million in three stocks over a two-week period: Occidental Petroleum ($409 million), Sirius XM Holdings ($107 million), and VeriSign ($93 million) [5][6] - These purchases were additions to existing positions in Berkshire Hathaway's portfolio, reflecting Buffett's confidence in these companies at their current valuations [7] Implications for Investors - Buffett's recent stock purchases do not signal a broader market direction but rather his belief in the specific companies' earnings potential and valuation [8] - Investors can take a cue from Buffett's approach by focusing on valuation and long-term business prospects rather than short-term market movements [9] - Buffett's actions suggest that quality stocks can be found regardless of market conditions, offering opportunities for investors to build wealth over time [10]

Occidental Petroleum Corporation (OXY) is trading above its 50-day simple moving average (SMA), signaling a bullish trend. The company is gaining from its focus on the Permian Basin and contribution from acquired assets.The company operates in a very competitive industry, but Occidental, being a low-cost operator and possessing high-quality assets in different locations across the globe, has a competitive advantage over its peers.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.OXY’s ...

Warren Buffett's Investment Strategy - Warren Buffett made a significant purchase of 8 9 million Occidental Petroleum (OXY) shares at an average price of $45 99 between December 17 and December 19 [1] - The $409 million investment in OXY stock was notable for its timing as the shares were at their lowest point since February 2022 [2] - By January 17 Occidental Petroleum had risen 13 72% from the purchase price resulting in a $55 million gain for Buffett [3] Factors Influencing OXY Stock - The investment in OXY stock was influenced by the anticipated shutdown of Russian gas transit through Ukraine starting January 1 which increased the EU's reliance on American fossil fuels [5] - Potential US sanctions against Serbia's NIS Petrol due to its Russian Gazprom ownership structure also played a role in the investment decision [6] - The combination of the Ukrainian gas transit shutdown and sweeping sanctions in January led to a substantial increase in oil prices further boosting OXY stock [8] Broader Investment Trends - Buffett's OXY stock purchase was part of a larger investment spree following significant selling in Q4 2024 [10] - Other major investments during this period included a $90 million investment in VeriSign (VRSN) and a $107 million purchase of Sirius XM (SIRI) stock [11]

Investment Strategy - The analyst aims to build a low-risk passive income portfolio targeting an average annual return of ~12% with minimal risk, prioritizing consistency over volatility [1] - The analyst has 15 years of professional equity research experience, including work at a top Mayfair hedge fund, focusing on cash-generative companies in developed industries [1] - The investment approach is contrarian and risk-averse, with a focus on analyzing risk factors rather than growth opportunities [1] Oil Market Outlook - The oil market was expected to face challenges in 2025 due to rising production output and muted demand in China, but the balance is shifting [2] Analyst Background - The analyst holds a First Class Honors degree in Economics from the University of London and cites Warren Buffett and Howard Marks as favorite investors [1] - The analyst has a beneficial long position in OXY through stock ownership, options, or other derivatives [1]