Oct. 2 at 3:10 PM
$BRK.B
$OXY
Berkshire Hathaway reached a deal to acquire Occidental Petroleum’s petrochemical unit, OxyChem, for
$9.7 billion in cash. OxyChem manufactures water treatment, healthcare, and other commercial chemicals. After the acquisition of OxyChem, Warren Buffett should consider buying undervalued chemical stocks such as
$DOW and
$HUN. With a dividend yield of 5.99%,
$DOW offers a higher yield than
$OXY which has a yield of 2.14%, and
$HUN offers an even higher yield of 10.86%.
https://www.cnbc.com/2025/10/02/warren-buffett-berkshire-occidental-oxychem.html
