$OXY continues to be a strong hedge for us during this pull back and has been slowly moving higher and still showing strength.
Above the 50 and 200 Day MA and up nearly 3% today as concerns on the price of oil continues to rise.
I think $OXY is in the middle of a sweet spot, benefiting from an increase in oil price and strong interest from the Carbon Capture market and also has a dividend.
I believe Buffet will continue buying here while there is more upside available.