OCCIDENTAL PET. DL-_20
Commented by Juliane Zielonka on March 7th, 2024 | 06:30 CET
Sustainable investments in focus: Occidental Petroleum, Carbon Done Right, Plug Power - Which stock offers the greatest advantage for a net zero economy?
True sustainability is a delicate balancing act for investors seeking high returns. Companies worldwide still need fossil fuels to keep their businesses running and growing. The US oil and gas producer Occidental Petroleum is no exception. The Company, in which Warren Buffett also invests, is doing a lot to reduce its carbon footprint. On the other hand, Carbon Done Right is sustainable through and through. Its business model involves the reforestation and greening of forests and rainforests to trade real CO2 certificates for companies such as Amazon and Microsoft. Thanks to innovative AI, Carbon Done Right is finally bringing the desired transparency to the carbon market by monitoring tree growth via satellite. Meanwhile, Plug Power relies on in-house hardware and expects a restructuring of tech companies to favour its CO2-friendly solutions. Who truly has the edge when it comes to sustainable measures and returns?
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Commented by Stefan Feulner on January 15th, 2024 | 06:30 CET
Hertz, Saturn Oil + Gas, Occidental Petroleum - Clear signs of a trend reversal
Electromobility, often hailed as the future of transportation, is at the forefront of a global transport revolution. A swansong has already been sung for the traditional combustion engine. However, the fossil fuel-powered vehicle is still by far the best-selling vehicle. Issues with battery-powered vehicles are increasing. In addition to the continuing lack of refueling infrastructure, the purchase prices are simply too high without government subsidies. Additionally, higher repair costs are becoming more prevalent.
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Commented by Juliane Zielonka on December 28th, 2023 | 07:40 CET
From record production to billion-dollar deals: Prospera Energy, Occidental Petroleum and Tesla in the spotlight
The world is undergoing an energy transition, and pioneering projects in Saudi Arabia demonstrate the significant role of renewable energy. Energy companies like Prospera Energy are experiencing record production with over 1,500 BOE/D. Value appreciation and a focus on reserves make Prospera Energy an attractive investment candidate, especially given the rising global demand for oil and gas. Warren Buffett is backing precisely these types of companies, such as Occidental Petroleum (OXY). The planned acquisition of CrownRock for USD 12 billion promises a significant increase in sales for the oil and gas company. Berkshire Hathaway is, therefore, increasing its stake in OXY by 5.2 million shares. While Tesla faces challenges with its electric vehicle (EV) doors, BYD is outperforming in the global BEV market. The Chinese car manufacturer has already overtaken Tesla in terms of market share, recording a 68% increase compared to the previous year. The future of electric mobility could lie in Chinese quality and reliability and, above all, in oil and gas companies. Where is the next profit leap?
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Commented by Stefan Feulner on December 4th, 2023 | 07:40 CET
BP, Saturn Oil + Gas, Occidental Petroleum - New opportunities from OPEC+
With the decision by the oil cartel OPEC+ to further reduce production in the first quarter of next year, oil prices continued their correction that has been ongoing for weeks. Russia and OPEC+ announced their planned cuts at a total of 2.2 million barrels per day. The current decline in the oil sector offers investors an opportunity to participate in the expected long-term upward trend at more favorable prices.
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