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Occidental Petroleum Corporation (OXY)
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Canadian Natural Resources Limited (CNQ)
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Tourmaline Oil Corp. (TOU)
Q: Hello,
I understand Warren Buffett recently purchased OXY and I was wondering if you might share a rationale that would favor this stock versus CNQ, TOU,IMO or other CAD producers trading at approx. equally low 52 week levels, with higher mkt cap, dividends and dividend growth.
Thank you and all the best to you and your families in 2025.
I understand Warren Buffett recently purchased OXY and I was wondering if you might share a rationale that would favor this stock versus CNQ, TOU,IMO or other CAD producers trading at approx. equally low 52 week levels, with higher mkt cap, dividends and dividend growth.
Thank you and all the best to you and your families in 2025.
5i Research Answer:
Warren Buffet’s investment in OXY is largely due to its exposure to the Permian Basin,...