Skip to contentWarren Buffett-backed Occidental Petroleum (OXY) reports third-quarter earnings and revenue this week with analysts expecting quarterly profit to fall more than 60%. Buffett, who bought up OXY stock through the first half of the year, has not cooled on the energy play — snapping up an additional 4 million shares in late October.Occidental’s results come after energy giants Exxon Mobil (XOM) and Chevron (CVX) both reported worse-than-expected Q3 profit. EPS for both declined more than 40% as results ran up against earnings boosted by the 2022 oil price spike.U.S. oil prices...…Skip to contentWarren Buffett-backed Occidental Petroleum (OXY) reports third-quarter earnings and revenue this week with analysts expecting quarterly profit to fall more than 60%. Buffett, who bought up OXY stock through the first half of the year, has not cooled on the energy play — snapping up an additional 4 million shares in late October.Occidental’s results come after energy giants Exxon Mobil (XOM) and Chevron (CVX) both reported worse-than-expected Q3 profit. EPS for both declined more than 40% as results ran up against earnings boosted by the 2022 oil price spike.U.S. oil prices...WW…
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