Occidental Petroleum Issues Statement Regarding Icahn Filing (Seite 6) | Diskussion im Forum

[Tbgraf]

Warum Buffet Occidental langfristig halten will:

Buffett hob dann die drei Faktoren hervor, die seine Ansicht antreiben, dass Occidental eine unbestimmte Zeit sein könnte: "Wir mögen besonders seine riesigen Öl- und Gasbestände in den Vereinigten Staaten sowie seine Führungsrolle bei CO2-Abscheidungsinitiativen, obwohl die wirtschaftliche Machbarkeit dieser Technik noch nicht bewiesen ist. Beide Aktivitäten liegen sehr im Interesse unseres Landes."

Er stellte fest, dass es noch nicht so lange her sei, dass die USA "beklagenswert von ausländischem Öl abhängig" seien. Dank einer deutlichen Verbesserung der Wirtschaftlichkeit der Schieferbohrungen sind die USA heute jedoch ein wichtiger Ölproduzent. Das bedeutet, dass die OPEC nicht die dominierende Kraft ist, die sie einst auf dem Ölmarkt war, und Occidental spielt eine Schlüsselrolle. Es ist ein großer Ölproduzent geworden, was gut für das Land ist.

Buffett hob auch die Führung von Occidental bei der CO2-Abscheidung hervor. Das Ölunternehmen hat eine lange Geschichte des Einsatzes von Kohlendioxid, um mehr Öl aus alten Feldern zu locken, indem es es in Ölreservoirs injiziert, um den Druck und die Produktion durch einen Prozess zu erhöhen, der als verbesserte Ölgewinnung bekannt ist. Es nutzt jetzt sein Know-how bei der Einspritzung von Kohlendioxid, um von der massiven Kohlenstoffabscheidungs- und Sequestrierungsmöglichkeit zu profitieren. Es entwickelt ein Dekarbonisierungsgeschäft durch den Bau direkter Luftabscheidungsanlagen, die das Treibhausgas aus der Luft ziehen. Es ist die Kommerzialisierung der Technologie, die, wie ihre Ölproduktion, gut für das Land (und die Umwelt) ist.

https://www.fool.com/investing/2024/02/27/like-coca-cola-and…

[mp2019]

BERKSHIRE HATHAWAY INC -2003

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 price. Though we very much like our ownership, as well as the option,
Berkshire has no interest in purchasing or managing Occidental. We particularly like its vast oil
and gas holdings in the United States, as well as its leadership in carbon-capture initiatives, though
the economic feasibility of this technique has yet to be proven. Both of these activities are very
much in our country’s interest


And then – Hallelujah! – shale economics became feasible in 2011, and our energy
dependency ended. Now, U.S. production is more than 13 million BOEPD, and OPEC no longer
has the upper hand. Occidental itself has annual U.S. oil production that each year comes close to
matching the entire inventory of the SPR. Our country would be very – very – nervous today if
domestic production had remained at five million BOEPD, and it found itself hugely dependent
on non-U.S. sources. At that level, the SPR would have been emptied within months if foreign oil
became unavailable

For a long time, the pessimism appeared to be correct, with production falling to five
million BOEPD by 2007. Meanwhile, the U.S. government created a Strategic Petroleum Reserve
(“SPR”) in 1975 to alleviate – though not come close to eliminating – this erosion of American
self-sufficiency.
And then – Hallelujah! – shale economics became feasible in 2011, and our energy
dependency ended. Now, U.S. production is more than 13 million BOEPD, and OPEC no longer
has the upper hand. Occidental itself has annual U.S. oil production that each year comes close to
matching the entire inventory of the SPR. Our country would be very – very – nervous today if
domestic production had remained at five million BOEPD, and it found itself hugely dependent
on non-U.S. sources. At that level, the SPR would have been emptied within months if foreign oil
became unavailable.

Under Vicki Hollub’s leadership, Occidental is doing the right things for both its country
and its owners. No one knows what oil prices will do over the next month, year, or decade. But
Vicki does know how to separate oil from rock, and that’s an uncommon talent, valuable to her

https://www.berkshirehathaway.com/2023ar/2023ar.pdf
shareholders and to her country

[speedy78]

https://www.deraktionaer.de/artikel/aktien/buffetts-oel-perl…

[mp2019]

U.S. crude hovers near three month high as Middle East conflict rages on

Published Tue, Feb 20 20248:20 AM ESTUpdated 26 Min Ag

https://www.cnbc.com/2024/02/20/crude-oil-prices-today.html

[mp2019]

Occidental Petroleum Eases Permian Basin Focus As Warren Buffett Buys More Shares

https://www.investors.com/news/occidental-petroleum-permian-…

[speedy78]

Darfs ja nicht geben, dass des Vieh jetzt mal vom Fleck kommt.
Beobachte es schon seit dem Einstieg von Buffett, dann waren ziemlich zeitgleich noch Senkungen der Förderquoten (also Verknappung des Angebots) aber der Mist bewegte sich einfach nicht.

[mp2019]

https://de.marketscreener.com/kurs/aktie/OCCIDENTAL-PETROLEU…

[mp2019]

https://oilprice.com/Latest-Energy-News/World-News/Diamondba…

[mp2019]

Occidental Petroleum: A Contrarian Play

Backed by Warren Buffett's Berkshire Hathaway, Occidental Petroleum presents itself as a contrarian play. With geopolitical instability affecting oil prices, the potential for growth in this industry is evident.

https://bnnbreaking.com/finance-nav/dividend-stocks-the-path…

[massny]

Occidental Increases Dividend

Verfasst von globenewswire

HOUSTON, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on April 15, 2024, to stockholders of record as of the close of business on March 8, 2024. On an annual basis, the dividend is $0.88 per share at the new rate, compared to the previous annual rate of $0.72 per share.

Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.

Das ist ja mal cool, erneute Dividenden Anhebung, der Waren weiß schon was er tut,
und das wird nicht die letzte Anhebung sein

und solangsam laufe ich mit meinem EK von 21,40 Euro doch in eine vernünftige
Dividenden Rendite rein.