51 mentions across the corpus · positive 21 · negative 3 · neutral 26 · historical 1
Warren Buffett on Squawk Box with Becky Quick (Epstein / Gates Foundation)
“we bought Occidental Chemical on January 3, that was 9.7 billion. And as far as I'm concerned, that's got some advantages, some disadvantages”
Warren Buffett on Squawk Box with Becky Quick (Epstein / Gates Foundation)
“when we buy Occidental Chemical, we expect all of that 50 years from now.”
Warren Buffett on Squawk Box with Becky Quick (Epstein / Gates Foundation)
“the two oil positions we have, Chevron and Occidental—BUFFETT: Go up a lot”
2025 Berkshire Hathaway Shareholder Letter (Greg Abel)
“OxyChem is a well-run industrial chemicals business we first encountered through our investment in Occidental.”
2025 Berkshire Hathaway Shareholder Letter (Greg Abel)
“We also hold equity method investments, principally Kraft Heinz and Occidental.”
Afternoon Session - 2024 Meeting
“you, I believe, sold and later bought Oxy, which I think happens to everyone all the time”
Afternoon Session - 2024 Meeting
“he mentioned Oxy, which I think is a great example... continuing to acquire more shares is sort of that type of process”
2024 Berkshire Hathaway Shareholder Letter
“Includes certain businesses in which Berkshire had between a 20% and 50% ownership such as Kraft Heinz, Occidental Petroleum and Berkadia.”
Buffett rules out Occidental Petroleum acquisition
“Given the major positions of both Occidental Petroleum and Chevron in the Permian, would you please explain the rationale for Berkshire's significant holdings”
Buffett rules out Occidental Petroleum acquisition
“Occidental had one come into, I think, in 19,000 barrels or something like that one day.”
Buffett rules out Occidental Petroleum acquisition
“we financed them a few years ago... then it changed around and we bought a lot of the common stock.”
Buffett rules out Occidental Petroleum acquisition
“we love the shares we have. We may or may not own more in the future, but we certainly have warrants... at around $59 a share.”
Buffett rules out Occidental Petroleum acquisition
“we like Occidental's position in the Permian, and we wouldn't like that position... we do very much, like the Occidental position they have.”
2023 Annual Meeting Highlight Reel
“Vicki Hollab is an extraordinary manager of Occidental. Her first job was with the city service. That was the first stock I bought in 1942.”
Afternoon Session - 2023 Meeting
“oil producers are producing less oil and may have reached their peak in the Permian Basin. Given the major positions of both Occidental Petroleum and Chevron in the Permian”
Afternoon Session - 2023 Meeting
“we like Occidental's position in the Permian and we wouldn't like that position that well...we do very much like the occidental position they have and that's why we finance them”
Afternoon Session - 2023 Meeting
“And we love the position with us. Occidental. Yeah. We love having Bickey run it.”
Buffett: More banks may fail but U.S. depositors will be OK | April 12, 2023
“I was struck by the article on Oxy that was in the journal and about how much money is being spent by the company...is Oxy a model for how we should, Occidental a model for how we should be doing it?”
Buffett: More banks may fail but U.S. depositors will be OK | April 12, 2023
“if we're buying an Occidental or if we're selling something else. But we'll just keep doing that.”
2023 Berkshire Hathaway Shareholder Letter
“At yearend, Berkshire owned 27.8% of Occidental Petroleum's common shares and also owned warrants that, for more than five years, give us the option to materially increase our ownership at a fixed pri”
2023 Berkshire Hathaway Shareholder Letter
“Under Vicki Hollub's leadership, Occidental is doing the right things for both its country and its owners.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“I like that aspect of that position. And Ben Graham used to say... I like the big position that Berkshire has in the Permian through those 2. I kind of admire both places a lot. Both Occidental and Ch”
2022 Annual Meeting Highlight Reel
“We bought in two weeks thereabouts, 14% of Occidental Petroleum.”
Morning Session - 2022 Meeting
“around March 10th, the deal for Allegheny was announced, and then later the Occidental announcement”
Morning Session - 2022 Meeting
“here's on Oxy1, if you'll put up the Oxy1. That shows how we bought what became, well, we bought in two weeks thereabouts, 14% of Occidental Petroleum.”
Morning Session - 2022 Meeting
“why were you doing it on the case of Occidental on February 28th? It's because things developed in a way, and in the case of Occidental specifically...I decided that it was a good place to put Berkshi”
Morning Session - 2022 Meeting
“trading occidental in some crazy way that enabled us to buy a quarter of what wasn't owned by uh four other institutions”
Warren Buffett (Charlie Rose Returns)
“How about Occidental? Well, Occidental, a week ago – well, you know, a couple years ago, we financed Occidental.”
TIP438: Berkshire Hathaway — All You Need to Know w/ Chris Bloomstran
“discussed Buffett's recent massive investments in both Chevron and Occidental”
TIP438: Berkshire Hathaway — All You Need to Know w/ Chris Bloomstran
“discussed Buffett's recent massive investments in both Chevron and Occidental.”
2022 Berkshire Hathaway Shareholder Letter
“HP Inc., Moody's, Occidental Petroleum and Paramount Global. In addition to those eight investees”
2021 Berkshire Hathaway Shareholder Letter
“Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants”
2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A
“As both a Berkshire and Occidental shareholder, I was encouraged to see your investment in the company. But with passing weeks, it became evident that your investment facilitated Occidental management”
2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A
“This deal proved to be irresponsible and expensive for. from an Oxy perspective and ultimately very value destructive for Oxy shareholders.”
2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A
“if you're an Oxy shareholder, you know, you've... made a mistake so far in terms of where oil prices went”
2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A
“Oxy actually did sell 300,000 barrels a day of puts in effect that, or they bought puts, but, and sold calls in effect to match it.”
2020 Berkshire Hathaway Shareholder Letter
“Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants”
Afternoon Session - 2019 Meeting
“Berkshire is committed to providing $10 billion of financing in the form of an 8% preferred share and attached warrants for Occidental's proposed acquisition”
Afternoon Session - 2019 Meeting
“Corvath was being told the same thing by Occidental. And it was very light on Monday night, but all the papers were put in order.”
Afternoon Session - 2019 Meeting
“disruptions in equity and credit markets or special situations like we saw with the Oxy deal to negotiate deals”
Buffett: I didn't pull the trigger to buy Amazon | May 2, 2019
“the deal where you're stepping in and backing Occidental and it's been to take over Anadarko...she called me, morning...Vicki Hollow, CEO was traveling...by 11 o'clock we had a deal...committed unequi”
Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019
“we can talk about the Occidental deal later on to illustrate”
Buffett: I didn't pull the trigger to buy Amazon | May 2, 2019
“about the plane, plane that Occidental took out here got picked up by some people who were scouting for it”
Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019
“backing up Occidental and it's been to try and take over Anadarko, which is also engaged in talks with Chevron”
Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019
“I got a call yesterday after an evening. First time I talked to Occidental, actually since a week ago yesterday, Sunday.”
Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019
“if you own Occidental, you're bullish on oil over the years, and you're probably bullish on the Permian Basin because they've such a significant portion of their assets there”
2019 Berkshire Hathaway Shareholder Letter
“Includes $10 billion investment in Occidental Petroleum Corporation consisting of preferred stock and warrants”
Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019
“Occidental just needed the $10 billion.”
Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019
“Let's talk about a deal you did recently, Occidental. Right. Where you agreed to back them up.”
Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019
“I think the Occidental is right to want to do it. To buy into the Permian Basin to get more assets there.”
Criticizing the cryptocurrency craze | May 7, 2018
“It was bought by Oxy. And then part of their gas stations were bought by Venezuela, remember?”