Warren Buffett's bet on this oil stock is finally paying off; Time to buy?

Impact · against what's priced in

The article provides no new catalysts for OXY or BRK.B, as the reported stock price gains and Buffett's position are already reflected in current valuations.

OXY+0.00

Already priced in

The price assumes

the current 19% free cash flow margin and the roughly $5.1 billion of free cash flow at a $70 realized oil price

The stock's 50% rise over the past year and recent price of $62 align with the market's existing acceptance of improved fundamentals and realized prices.