Re: Oxy
Posted: Thu Mar 17, 2022 8:21 am
Buffet keeps buying https://seekingalpha.com/news/3814541-b ... tal-to-146
Rumors is he may want to buy the whole thing
Unhedged Oil
Unhedged NG
Crude up 6 today over 100
NG approaching 5
Every $ 1 in crude is another 225 m to OXY
They did 2.9 b FCF q4 with $ 66 crude. My estimate with $ 90 crude in Q1 is 4.2 b. Flat 90 for the year is 17 b
EV is roughly 90 b 17/90 = 19 % ROI
Name is up 8 % on the news
Rumors is he may want to buy the whole thing
Unhedged Oil
Unhedged NG
Crude up 6 today over 100
NG approaching 5
Every $ 1 in crude is another 225 m to OXY
They did 2.9 b FCF q4 with $ 66 crude. My estimate with $ 90 crude in Q1 is 4.2 b. Flat 90 for the year is 17 b
EV is roughly 90 b 17/90 = 19 % ROI
Name is up 8 % on the news