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Buffett's 29% Stake Is Giving OXY Investors Unusual Confidence Right Now
Summary by 247wallst.com
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1 Articles
Buffett's 29% Stake Is Giving OXY Investors Unusual Confidence Right Now
Quick Read Occidental Petroleum (OXY) paid down $5.8B in debt using proceeds from its $9.7B OxyChem sale. Occidental generated $963M free cash flow in Q4 and raised its quarterly dividend by 8%. Berkshire Hathaway’s 29% stake provides a credibility floor as Occidental trades above analyst targets. Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without juggling apps or logins. In the midst of a chaotic politic…
·New York, United States
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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