I've been catching up on Occidental Petroleum the last couple of days, and I think it's a good buy at today's price. For example, Oxy's enterprise value to proven reserves is currently $15.46/barrel of oil equivalent (boe), as compared to, say, Exxon at $26.70/boe.

OXY's portfolio of oil assets is also attractive, as Vicki Hollub, Oxy's CEO, discusses in a couple of recent interviews. One interview is from Jun 16th of this year.

YouTube: Vicki Hollub, President and CEO of Occidental. (The Economic Club of Washington, D.C.)

In that interview Vicki describes meeting Warren Buffett for the first time in 2019, at the encouragement of Brian Moynihan. Vicki telephoned Warren on a Saturday and met him the next day, Sunday, to discuss financing for OXY's purchase of Anadarko Petroleum. She describes Warren's office as "needed some modernization at the time." :)

In a more recent interview, last month, Vicki described OXY's sale of OxyChem to Berkshire, which brings OXY's debt down to OXY's target.

YouTube: Occidental Petroleum CEO: $9.7B Berkshire-OxyChem deal brings forward value to our shareholders (CNBC Television)

I think that what Occidental is doing, such as reducing international production and focusing on the US, in particular the Permian Basin, makes sense, and that the stock price is attractive, as suggested by Warren Buffett's recent purchases.