The Curious Case of Occidental Petroleum in 2025

Let us not be mistaken-Warren Buffett has a decidedly affectionate disposition toward Occidental Petroleum. This, it seems, began in 2019 when he first perused the company’s annual report, no doubt while sipping something brandy-fueled and pondering the absurdity of life. Berkshire Hathaway, in a stroke of capitalistic love, began amassing Occidental stock, eventually acquiring a staggering quarter of the company’s shares, complete with warrants to purchase even more. Buffett, in his customary charm, confessed that he envisages holding onto these shares “indefinitely”-an audacious promise, as though he were making vows at a wedding, not managing a portfolio.







