Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Equity Bottom-Up

<ul>
<li>Occidental’s Q4 revenue and EPS are expected to drop 2.6% and 9.5% YoY, with full-year 2024 declines of 3.8% and 10%, respectively.</li>
<li>Occidental's average realised worldwide oil price dropped by 7.4% QoQ and 11.6% YoY to USD 69.73/b. Conversely, its average realised global NGL price rose by 6.5% QoQ and 4.2% YoY.</li>
<li>The STRATOS plant, one of the largest DAC projects globally, will begin operations by mid-2025. It is expected to capture up to 500,000 tonnes of carbon dioxide annually.</li>
</ul>


Occidental’s Q4 revenue and EPS are expected to drop 2.6% and 9.5% YoY, with full-year 2024 declines of 3.8% and 10%, respectively.
Occidental's average realised worldwide oil price dropped by 7.4% QoQ and 11.6% YoY to USD 69.73/b. Conversely, its average realised global NGL price rose by 6.5% QoQ and 4.2% YoY.
The STRATOS plant, one of the largest DAC projects globally, will begin operations by mid-2025. It is expected to capture up to 500,000 tonnes of carbon dioxide annually.


[Earnings Preview] Lower Oil Prices to Pressure Occidental in Q4 While NGL Prices Offer Support

<ul>
<li>Occidental Petroleum gained USD 0.43 last week, closing at USD 51.97 on 17/Jan (Fri). However, the stock began this week on a weak note, falling by 2.7% on 21/Jan (Tue).</li>
<li>JPMorgan raised Occidental's price target to USD 59 from USD 58 with a Neutral rating, while Mizuho lowered its target to USD 68 from USD 70, maintaining a Neutral stance.</li>
<li>Occidental became the third-largest U.S. onshore oil and gas producer in 2024, up from fifth in 2023, with production reaching 1.22 million boepd, 58% of which was oil.</li>
</ul>


Occidental Petroleum gained USD 0.43 last week, closing at USD 51.97 on 17/Jan (Fri). However, the stock began this week on a weak note, falling by 2.7% on 21/Jan (Tue).
JPMorgan raised Occidental's price target to USD 59 from USD 58 with a Neutral rating, while Mizuho lowered its target to USD 68 from USD 70, maintaining a Neutral stance.
Occidental became the third-largest U.S. onshore oil and gas producer in 2024, up from fifth in 2023, with production reaching 1.22 million boepd, 58% of which was oil.


[2025/03] Occidental’s Bullish Trend Weakens Amid Downward Pressure on Crude Oil

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

Berkshire Hathaway Inc Cl B / Equity Bottom-Up

<ul><li>Author argues for shorting Berkshire Hathaway due to management issues with its subsidiaries</li><li>Author questions the effectiveness of Warren Buffett's model in the current market</li><li>Author highlights problems with management at Berkshire's subsidiaries like Geico and Burlington Northern</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Author argues for shorting Berkshire Hathaway due to management issues with its subsidiariesAuthor questions the effectiveness of Warren Buffett's model in the current marketAuthor highlights problems with management at Berkshire's subsidiaries like Geico and Burlington NorthernThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Berkshire Hathaway (BRK.B) - Thursday, Sep 19, 2024

US-EU Index & Corporate Actions Analyst, ORTEX

Harry Kalfas

US-EU Index & Corporate Actions Analyst

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/ares-management-corp" target="_blank" data-smartkarma-citation="entities:28771:1" rel="noopener">Ares Management (ARES US) </a>entered into a definitive agreement a $3.7 billion acquisition of GLP Capital Partners’ international operations.</li>
<li>The acquisition is structured with a mix of cash and stock, including performance incentives.</li>
<li>The deal, subject to regulatory approvals, will impact Ares’ presence in a global and a major US index, potentially creating significant passive demand.</li>
</ul>



Ares Management (ARES US) entered into a definitive agreement a $3.7 billion acquisition of GLP Capital Partners’ international operations.
The acquisition is structured with a mix of cash and stock, including performance incentives.
The deal, subject to regulatory approvals, will impact Ares’ presence in a global and a major US index, potentially creating significant passive demand.


Ares Management’s $3.7 Billion Acquisition: Shift for the U.S. And Global Index

Podcast of business and financial stories, Behind the Money

Behind the Money

Podcast of business and financial stories

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world.

Berkshire Hathaway Inc Cl A / Equity Bottom-Up

<ul><li>Warren Buffett's house in Omaha attracts fans from around the world, reflecting his legendary status as an investor</li><li>Succession planning at Berkshire Hathaway raises questions about the future leadership and challenges facing the company after Buffett's tenure.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Warren Buffett's house in Omaha attracts fans from around the world, reflecting his legendary status as an investorSuccession planning at Berkshire Hathaway raises questions about the future leadership and challenges facing the company after Buffett's tenure.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

United States

Berkshire Hathaway Inc. is a holding company owning subsidiaries in a variety of business sectors.  The Company's principal operations are insurance business conducted nationwide on a primary basis and worldwide on a reinsurance basis. Berkshire's other operations include a railway company, a specialty chemical company, and an international association of diversified businesses.

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Berkshire Hathaway Inc Cl B (BRK/B US)

[Earnings Preview] Lower Oil Prices to Pressure Occidental in Q4 While NGL Prices Offer Support

Occidental's Q4 revenue and EPS expected to decline due to weak oil prices. However, higher gas and NGL prices to cushion impact. STRATOS plant...

Mint Finance

[2025/03] Occidental’s Bullish Trend Weakens Amid Downward Pressure on Crude Oil

Occidental Petroleum stock fluctuates after price target adjustments by JPMorgan and Mizuho, as company rises to third-largest U.S. onshore oil...

Mint Finance

Berkshire Hathaway (BRK.B) - Thursday, Sep 19, 2024

Author argues for shorting Berkshire Hathaway due to management issues with its subsidiaries. Author questions the effectiveness of Warren...

Value Investors Club (VIC)

Ares Management’s $3.7 Billion Acquisition: Shift for the U.S. And Global Index

Ares Management's $3.7B acquisition of GLP Capital’s international ops enhances its footprint and index presence, driving potential passive demand.

Harry Kalfas

Best of: Berkshire after Warren Buffett

Summary: CME Group offers futures trading for risk management, while Berkshire Hathaway faces challenges with finding growth opportunities and...

Behind the Money

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52-week Range

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[Earnings Preview] Lower Oil Prices to Pressure Occidental in Q4 While NGL Prices Offer Support

​Occidental's Q4 revenue and EPS expected to decline due to weak oil prices. However, higher gas and NGL prices to cushion impact. STRATOS plant...

Mint Finance

[2025/03] Occidental’s Bullish Trend Weakens Amid Downward Pressure on Crude Oil

​Occidental Petroleum stock fluctuates after price target adjustments by JPMorgan and Mizuho, as company rises to third-largest U.S. onshore oil...

Mint Finance

Berkshire Hathaway (BRK.B) - Thursday, Sep 19, 2024

Author argues for shorting Berkshire Hathaway due to management issues with its subsidiaries. Author questions the effectiveness of Warren...

Value Investors Club (VIC)

Ares Management’s $3.7 Billion Acquisition: Shift for the U.S. And Global Index

Ares Management's $3.7B acquisition of GLP Capital’s international ops enhances its footprint and index presence, driving potential passive demand.

Harry Kalfas

Best of: Berkshire after Warren Buffett

Summary: CME Group offers futures trading for risk management, while Berkshire Hathaway faces challenges with finding growth opportunities and...

Behind the Money

Occidental's Q4 revenue and EPS expected to decline due to weak oil prices. However, higher gas and NGL prices to cushion impact. STRATOS plant...

Occidental Petroleum stock fluctuates after price target adjustments by JPMorgan and Mizuho, as company rises to third-largest U.S. onshore oil...