Occidental Petroleum: A Low Price Before Shareholder Returns Start
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The Value PortfolioInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsSummaryOccidental Petroleum is positioned for substantial returns, supported by a recent $9.7 billion OxyChem divestiture involving Berkshire Hathaway.The OxyChem sale enhances OXY’s capital flexibility and strategic focus, potentially improving shareholder returns.Berkshire Hathaway’s significant ownership and involvement underscore confidence in OXY’s execution and long-term value proposition.Execution focus and shareholder return priorities remain central to OXY’s investment thesis, with risk factors acknowledged in the conclusion. jetcityimage/iStock Editorial via Getty Images Occidental Petroleum Corporation (OXY) is a large energy company with a more than $40 billion market cap. The company is heavily owned by Berkshire Hathaway Inc. (BRK.A) (BRK.B), which recently announced a $9.7 billion divestiture ofThis article was written byThe Value Portfolio37.38K FollowersFollowThe Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations. He invests real money in the stocks he recommends. He is the leader of the investing group The Retirement Forum with features including: model portfolios, macro overviews, in-depth company analysis and retirement planning information. Learn more.Analyst’s Disclosure:I/we have a beneficial long position in the shares of OXY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.