Occidental Petroleum (NYSE: OXY) has struggled significantly, losing 17% in 2024 and an additional 15% in the first half of 2025, largely due to declining crude oil prices. This raises questions about whether the stock’s downturn is merely a reaction to market conditions or an overreaction, potentially presenting a buying opportunity for investors, including notable supporter Warren Buffett.
Explain It To Me Like I’m 5: Occidental Petroleum’s stock has been losing value for a while, dropping a lot in 2024 and even more in 2025, and while some people think it might be a good time to buy because famous investors like Warren Buffett believe in it, others are worried about falling oil prices.
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