OXY(OXY) Finbold·2025-02-21 14:24Core Viewpoint - Warren Buffett's investment strategy continues to show resilience, with Berkshire Hathaway's recent activities indicating a cautious yet opportunistic approach in the current market environment [2][3]. Group 1: Berkshire Hathaway's Investment Strategy - As of December 31, 2024, Berkshire Hathaway has been a net seller of stocks, holding a record-breaking cash position, suggesting preparation for a potential market pullback [2]. - Despite a bearish outlook on banks and indices, Buffett added Constellation Brands stock to his portfolio and increased stakes in several long-term favorites [3]. Group 2: Occidental Petroleum's Performance - Occidental Petroleum's stock (NYSE: OXY) has seen a significant recovery, with a 7.56% increase over the past week, trading at 0.80, surpassing the 6.83 billion fell short of the 4.5 billion debt repayment plan and increased its quarterly dividend by 9% to 71, indicating a potential upside of 36.35% from current prices [7]. - UBS analyst Josh Silverstein raised the price forecast for OXY stock from 56 while keeping a 'Neutral' rating [9]. Group 4: Historical Context and Dividend Yield - Warren Buffett's initial investment in Occidental Petroleum in 2019 was valued at $10 billion, aimed at supporting the acquisition of Anadarko Petroleum, providing preferred stock with an 8% annual dividend yield [10]. - The common stock of Occidental Petroleum offers a dividend yield of 1.69% with a forward price-to-earnings (PE) ratio of 16.48, making it attractive for dividend investors [11].