Occidental Energy had become a buzzing stock after Warren Buffett’s Berkshire Hathaway boosted its stake in the energy major. The company has been heavily profitable and reported another all-around beat. The management also activated its share repurchase program and completed its near-term debt reduction objective. It started to repurchase shares this quarter, thus advancing its framework of shareholder return as a part of the commitment for the company to return cash to the shareholders. In the ....
26 Sep 2022
Occidental Petroleum: Direct Air Capture Plant & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (09/22)
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Occidental Petroleum: Direct Air Capture Plant & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (09/22)
- Published:
26 Sep 2022 -
Author:
Ishan Majumdar -
Pages:
27
Occidental Energy had become a buzzing stock after Warren Buffett’s Berkshire Hathaway boosted its stake in the energy major. The company has been heavily profitable and reported another all-around beat. The management also activated its share repurchase program and completed its near-term debt reduction objective. It started to repurchase shares this quarter, thus advancing its framework of shareholder return as a part of the commitment for the company to return cash to the shareholders. In the ....