Summary
- Berkshire Hathaway Inc. (Warren Buffett) has announced they don’t want to own all of Occidental Petroleum Corporation. They clearly have a price at which they’re a buyer, though.
- In addition to Buffett, Occidental Petroleum’s own repurchase of their shares makes for two very large customers in the market, both very interested at current prices.
- Occidental Petroleum Corporation has some highly profitable operations, making it a valuable long-term investment.