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]

Occidental Petroleum (OXY) closed the latest trading day at $52.70, indicating a +1.19% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.83%. At the same time, the Dow added 1.65%, and the tech-heavy Nasdaq gained 2.45%.The the stock of oil and gas exploration and production company has risen by 11.86% in the past month, leading the Oils-Energy sector's loss of 7.35% and the S&P 500's loss of 3.31%.The investment community will be paying close attentio ...

Core Viewpoint - Occidental Petroleum experienced a significant decline in stock value in 2024, losing 17.3%, while the S&P 500 index gained 23% [1] Group 1: Stock Performance and Market Reaction - Despite Berkshire Hathaway's continuous share purchases, investor sentiment remained cautious due to rising debt and falling crude oil prices [2] - The stock suffered the most in the second half of 2024, coinciding with a major acquisition of CrownRock for nearly $12 billion, which included $1.2 billion of existing debt [3][4] - Investors were concerned that lower oil prices would negatively impact Occidental's financial performance and cash flows, especially with increasing interest expenses [4] Group 2: Financial Strategy and Future Outlook - Occidental set a target to reduce debt by $4.5 billion within a year of the CrownRock acquisition and achieved 90% of this goal within two months [5] - The company generated strong cash flows in the third quarter, bolstered by CrownRock's assets, and anticipates an addition of $1 billion in free cash flow at a WTI crude oil price of around $70 per barrel [6] - Production is increasing, and management is committed to further debt reduction in 2025, alongside investments in OxyChem and carbon capture and storage, which are expected to drive growth [7] - Occidental is likely to raise its dividend again in 2025, following a 22% increase in 2024, positioning the stock as a potential turnaround story [7]

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Occidental Petroleum. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Warren Buffett went on a buying spree for shares of Occidental Petroleum (NYSE: OXY ) in 2024 and bought another 8.9 million shares of the energy company in December. The investor now owns approximately 28% of the Houston-based energy enterprise, whose shares have declinedI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Occidental Petroleum. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...