Will Warren Buffett Take OXY Private?

Johnny HopkinsPodcastsLeave a Comment

In their latest episode of the VALUE: After Hours Podcast, Brewster Taylor, and Carlisle discussed Will Warren Buffett Take OXY Private?. Here’s an excerpt from the episode:

Tobias: Buffett is buying OXY hand over fist and he’s clearly a pretty good investor.

Jake: [laughs]

Tobias: And he’s been through a few of these before. He’s had some good experience with oil– Has he ever whiffed on it?

Bill: Yeah, he has. You ask why I think he would benefit from having it private or– I don’t know, if he can exert the same amount of control over production and capital allocation if it’s public and he’s a big-time shareholder. Whereas if he actually truly controls it– Charlie has been talking about for years. I wish that we would just slow production here and preserve our own barrels. If it’s private, you can actually do that.

Tobias: But that’s a national thing, isn’t it, rather than a company specific?

Bill: Yeah, but if you’re the one that owns the barrels at the end, make it rain, baby.

Tobias: I think Charlie’s idea was that we can send all the cash we want overseas. We can send them the paper and bring in the energy.

Bill: Yeah.

Tobias: And then, we’ll be the only ones with energy left at the end of the–

Bill: Then they’ll be holding worthless paper suckers.


Tobias: It seems to be less–

Jake: It’s joke, but it’s kind of–

Bill: I know.

You can find out more about the VALUE: After Hours Podcast here – VALUE: After Hours Podcast. You can also listen to the podcast on your favorite podcast platforms here:

Apple Podcasts Logo Apple Podcasts

Breaker Logo Breaker

PodBean Logo PodBean

Overcast Logo Overcast


Pocket Casts Logo Pocket Casts

RadioPublic Logo RadioPublic

Anchor Logo Anchor

Spotify Logo Spotify

Stitcher Logo Stitcher

Google Podcasts Logo Google Podcasts

For all the latest news and podcasts, join our free newsletter here.

FREE Stock Screener

Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple:


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.