Warren Buffett Not Expected to Make Bid for Control of Occidental - Report

Seeking Alpha2022-08-22

Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) is not expected to make a bid for full control of Occidental Petroleum (NYSE:OXY) even after he received regulatory approval to buy 50% of...

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Comments

hphoa
2022-08-22
hphoa
Ok
HengHuat
2022-08-22
HengHuat
He got a vision
Jialatsia
2022-08-22
Jialatsia
Meep
Tiga3
2022-08-22
Tiga3
Like please. Thank You 😊
paul55555
2022-08-22
paul55555
Ok
BenjiFuji
2022-08-22
BenjiFuji
Interesting. I wonder what criteria will make him own the company vs take a substantial stake. [Thinking] [Glance]

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Occidental (OXY) is said to believe Buffett may consider making a bid for the entire driller if oil prices fall and OXY stock drops subsequently.On Friday Occidental (OXY) stock popped 9.9%after the Federal Energy Regulatory Commission approved a request from Berkshire Hathaway (BRK.A) (BRK.B) to accumulate as much as a 50% stake in the oil producer.Earlier this month, Berkshire (BRK.A) (BRK.B) disclosed it bought 6.68M more common shares of Occidental, bringing its stake in the energy company to 20.2%.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9996690884,"gmtCreate":1661155431653,"gmtModify":1676536463454,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578790486524477","authorIdStr":"3578790486524477"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996690884","repostId":1126198598,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9996826073,"gmtCreate":1661146847495,"gmtModify":1676536462139,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089527924629590","authorIdStr":"4089527924629590"},"htmlText":"He got a vision","listText":"He got a vision","text":"He got a vision","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996826073","repostId":1126198598,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9996889269,"gmtCreate":1661143703753,"gmtModify":1676536461467,"author":{"id":"4087959350378170","authorId":"4087959350378170","name":"Jialatsia","avatar":"https://community-static.tradeup.com/news/53e9432d8c8bd6641f138bbaab8cee27","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4087959350378170","authorIdStr":"4087959350378170"},"htmlText":"Meep","listText":"Meep","text":"Meep","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996889269","repostId":1126198598,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9996810874,"gmtCreate":1661142219301,"gmtModify":1676536461161,"author":{"id":"4097364354121310","authorId":"4097364354121310","name":"Tiga3","avatar":"https://community-static.tradeup.com/news/d556c8154d920b9f7c522a48404ce275","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":1,"idStr":"4097364354121310","authorIdStr":"4097364354121310"},"htmlText":"Like please. Thank You 😊&nbsp;","listText":"Like please. Thank You 😊&nbsp;","text":"Like please. Thank You 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996810874","repostId":1126198598,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9996899734,"gmtCreate":1661139352633,"gmtModify":1676536460566,"author":{"id":"3582246479396497","authorId":"3582246479396497","name":"paul55555","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3582246479396497","authorIdStr":"3582246479396497"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996899734","repostId":1126198598,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9996804068,"gmtCreate":1661138746556,"gmtModify":1676536460449,"author":{"id":"4110175785559852","authorId":"4110175785559852","name":"BenjiFuji","avatar":"https://community-static.tradeup.com/news/330f59d829009a2c318784ab2b5e6098","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"4110175785559852","authorIdStr":"4110175785559852"},"htmlText":"Interesting. I wonder what criteria will make him own the company vs take a substantial stake.&nbsp;[Thinking]&nbsp;[Glance]&nbsp;","listText":"Interesting. I wonder what criteria will make him own the company vs take a substantial stake.&nbsp;[Thinking]&nbsp;[Glance]&nbsp;","text":"Interesting. I wonder what criteria will make him own the company vs take a substantial stake. [Thinking] [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996804068","repostId":1126198598,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":57,"commentSize":10,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1126198598"}