It Doesn't Matter If Warren Buffett Doesn't Want To Buy Occidental Petroleum

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.

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