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home / news releases / PXD - Why I May Short Occidental Petroleum After Berkshire's Buying Spree

PXD - Why I May Short Occidental Petroleum After Berkshire's Buying Spree

Pioneer Natural Resources Company
  • Absent a takeover offer by Berkshire Hathaway, now may be a great time to sell Occidental Petroleum.
  • Peak bullish sentiment for crude oil and natural gas is here, as Russia invades Ukraine.
  • We look to be in the exact opposite, news-induced, energy market setup today vs. the pandemic lows of March-April 2020.
  • Occidental appears to be the most overvalued Big Oil name to consider selling or shorting.

For further details see:

Why I May Short Occidental Petroleum, After Berkshire's Buying Spree
Stock Information
Company Name: Pioneer Natural Resources Company
Stock Symbol: PXD
Market: NYSE
Website: pxd.com
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