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2024 was a bummer year for Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was, in ...
The deal was clinched as investor and Berkshire Hathaway CEO Warren Buffett pledged $10 billion to finance the deal in exchange for 100,000 shares of cumulative perpetual preferred stock with a value of $100,000 per share. Buffett and Berkshire also received a warrant to purchase up to 80 million more shares at an exercise price of $62.50 a share.
In the latest trading session, Occidental Petroleum (OXY) closed at $16.82, marking a -0.77% move from the previous day.
Occidental stock gained more than 1% on Tuesday to trade above the $61 level. “Mr. Buffett appears to step in and buy more OXY shares whenever the share price falls near or below $60.
Image source: The Motley Fool. Occidental Petroleum (NYSE: OXY) Q4 2024 Earnings Call Feb 19, 2025, 1:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Year World market cap Number of listed companies Millions of US$ % of GDP; 1975 1,149,245 27.2 14,577 1980 2,525,736 29.6 17,273 1985 4,684,978 47.0 20,555
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