Analysts at Roth MKM just raised their price target on OXY to $64 from $60, with geopolitical issues likely to boost oil prices and remove physical barrels from the market.

Source: https://investorplace.com/2023/10/the-7-best-warren-buffett-stocks-to-buy-now-october-2023/

And via each BRK share, we also own 0.0993 OXY shares.

Source: https://seekingalpha.com/article/4610211-occidental-petroleum-oxy-berkshire-brk-buys-more-at-higher-pe?source=feed_all_articles

A number of equities research analysts have weighed in on OXY shares.

Source: https://www.dailypolitical.com/2023/11/24/edgestream-partners-l-p-invests-561000-in-occidental-petroleum-co-nyseoxy.html

A number of other institutional investors also recently modified their holdings of OXY.

Source: https://www.etfdailynews.com/2023/09/02/brandywine-global-investment-management-llc-has-35-72-million-position-in-occidental-petroleum-co-nyseoxy/

Berkshire Hathaway CEO Warren Buffett tamped down speculation on Saturday that his conglomerate, which owns roughly 24% of Occidental Petroleum (OXY), wants to buy the entire company.

Source: https://biztoc.com/x/6182360354e19679?ref=ff

If you’ve watched the Houston Astros play this year – the team wears an OXY patch on their left arm.

Source: https://moneymorning.com/2023/09/05/heres-the-dad-approved-best-oil-trade-right-now/

I'll estimate $500 million in earnings herewith Berkshire's larger OXY stake offsetting some of the weakness in results.

Source: https://seekingalpha.com/article/4616938-berkshire-hathaway-q223-earnings-and-book-value-estimates-where-to-from-here?source=feed_all_articles

Moreover, OXY is adding another to its growth story with its direct air capture initiatives aimed at reducing carbon emissions.

Source: https://investorplace.com/2023/11/3-long-term-stocks-youll-regret-not-buying-soon-november-2023/

OXY: does it have a moderate valuation?

Source: https://seekingalpha.com/article/4569442-occidental-petroleum-buffett-and-graham-stock?source=feed_all_articles

OXY has been granted approval on over 120 wells since April 2022 with 74 of those since December 2022.

Source: https://seekingalpha.com/article/4580287-western-midstream-untapped-potential?source=feed_all_articles

Profitable as the OXY play is, though, it's just one part of a much bigger story - one with immense upside potential.

Source: https://moneymorning.com/investing/i-called-oils-rebound-on-air-yesterday-heres-how-to-trade-it/

So I concur with the conclusions of analysts at Goldman Sachs, who attest to a ~32% earnings potential for OXY.

Source: https://seekingalpha.com/article/4576150-occidental-petroleum-stock-buffetts-choice-high-earnings-potential?source=feed_all_articles