--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39425212.md" description: "Sold Occidental Petroleum today. In less than a year, made a 50% profit, a small gain of $2000.【Buy】First tranche position opened on 2025.4.4, price 42Second tranche position opened on 2025.4.7, price 38 【Sell】Sold all on 2026.3.20, price 60Accumulated dividends of $144 during the holding periodFull exposure of the logic behind buying and selling Occidental Petroleum!Buy: April 4, 2025 Cost ≈ 40.17 1. Market panic drove prices to lows: Affected by the sharp drop in oil prices and recession fears, OXY plummeted in the short term, hitting near one-year lows, offering a high margin of safety.2. Buffett's heavy backing as endorsement: The Oracle of Omaha kept increasing his stake and holding long-term, solid fundamentals, consistent dividends, giving confidence for a long-term hold.3. Technical stabilization for phased buying: After the sharp drop, the decline halted and stabilized, downward momentum exhausted, chose phased entry, avoiding chasing highs and controlling risk.4. Cycle logic: Long-term tight supply and demand for crude oil, energy stocks have room for recovery, suitable for left-side positioning. Sell: March 19, 2026 Price 60 1. Profit target met: Held for nearly 11 months, profit exceeded 50%, reached the expected profit-taking line, secured the gains.2. Technical strong resistance encountered: Stock price surged to the key resistance level of 60.73, volume couldn't keep up, short-term correction risk increased.3. Positive catalysts realized: Oil price surge + institutions upgraded ratings, short-term sentiment overheated, easy to fall after good news is exhausted.4. Not greedy for the tail: Secure certain profits, avoid gambling on the last leg of the rally, steer clear of high volatility." datetime: "2026-03-21T13:53:44.000Z" locales: - [en](https://longbridge.com/en/topics/39425212.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39425212.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39425212.md) author: "[求是研究院书记、院长](https://longbridge.com/en/profiles/14706429.md)" --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/39425212.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39425212.md) # Sold Occidental Petroleum today. In less than a ye… ### Related Stocks - [Berkshire Hathaway Inc. (BRK.A.US)](https://longbridge.com/en/quote/BRK.A.US.md) - [Occidental Petroleum Corporation (OXY.US)](https://longbridge.com/en/quote/OXY.US.md) - [Berkshire Hathaway Inc. (BRK.B.US)](https://longbridge.com/en/quote/BRK.B.US.md) - [XL2CSOPBRKB (07777.HK)](https://longbridge.com/en/quote/07777.HK.md) ## Comments (1) - **骚气懂王 · 2026-03-21T15:45:21.000Z**: Brilliant! 🤩