Occidental Petroleum Surges 36% Under Greg Abel's Berkshire
Question
Occidental Petroleum Surges 36% Under Greg Abel's Berkshire
Direct answer
Occidental Petroleum has become a standout in the Berkshire portfolio under Greg Abel. The 36% rally was catalyzed by Middle East tensions, but the stock has recently stalled. Investors are now weighing whether the valuation remains attractive relative to peers like Chevron, which recently paid down $8.4B in debt.
- Original publisher
- Market Ontology
- Evidence through
- 2026-08-13
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Occidental Petroleum Surges 36% Under Greg Abel's Berkshire”, revision 1, evidence through 2026-08-13. https://marketontology.com/market-events/2026-08-13/occidental-petroleum-surges-36-under-greg-abel-s-berkshire-92813a
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What happened next
| Asset | Call | Base close | +1 day | +5 days | +20 days |
|---|---|---|---|---|---|
| OXY | Mixed | 57.70 2026-08-13 | +1.14% | +6.62% | +6.52% |
| USO | Upagreed | 125.03 2026-08-13 | +1.26% | +7.61% | +23.89% |
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
No verifiable public source recorded for this card.
Related
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