WB sells yxo to buy Chevron
Great job kayaki
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL1N2KG23Z
7 replies (most recent on top)
I’m starting a change.org petition that will require VH take an IQ test to keep her job - she must score above the level of “id–t”. At least that gives her a sporting chance!
@1lyi+19sjWcsg How naive can you be? It’s public knowledge regarding his preferred, but what you’re failing to acknowledge or admit to yourself is that Buffett/BRK sold all of their common because they have zero faith in VH or OXY. You can choose to live in denial with your head in the sand. He used the millions that he’s ripped off OXY to turn around and buy $CVX. Ignorance is bliss.
More fake news on this site, Buffet did not sell a stake in Oxy to buy Chevron stock. He sold some Oxy shares in early 2020 that was a dividend payment in stock instead of cash. That transaction kept him whole on the dividend payment and didnt reduce his investment in Oxy. He simply added Chevron stock to his portfolio further showing his belief that O&G investments are good, long term investments.
She is an useless CEO and an even worse deal maker
VH is an id–t
That is why she makes the big bucks and just got a raise.
Are you f***ing kidding me. Oxy pays him a loan shark 8% preferred dividend ... and turns around and uses our money to buy CVX stock?? Way to go Aunt Vicki.
Oh, and we also sent CVX a $1 billion check in order to buy APC.
Brilliant.
Now maybe he will try and get a bigger stake in Oxy and Chevron and merge into Chevron/Oxy. One could only hope. If he is watching this bs in Texas maybe he sees a bigger future in oil and gas while the USA switches to alternative fuels.