The OXY story! Warren Buffett, oil prices, and the retail investor

Описание: Occidental Petroleum (OXY) is one of those stock stories where a sector that's completely beaten down rises from the dead. For a while the oil and gas industry was considered completely uninvestable. And who can forget that brief moment in 2020 when oil prices actually went negative?

But things turned around quite surprisingly, partly due to unexpected geopolitical events.

Add to it the "Warren Buffett effect" with countless retail traders tracking and imitating his moves, and you can get from a forgotten stock to the star of the SPY in the span of just a year.