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Benzinga
182 days

Warren Buffett Keeps Buying Occidental: Will Q4 Earnings Prove Him Right?

1. OXY reports Q4 earnings; EPS expected at 70 cents. 2. Buffett's 28.24% stake signals confidence amidst OXY's 30% decline. 3. OXY's struggling stock indicates bearish trend with recent performance. 4. Analysts project 5% upside, with a price target of $62.10.

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FAQ

Why Bullish?

Buffett's investment suggests strong long-term potential, despite short-term volatility.

How important is it?

Buffett's actions and earnings results could significantly affect market perception of OXY.

Why Short Term?

Earnings report impacts immediate sentiment; ongoing Buffett buying may stabilize OXY.

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