RE:RE:RE:ICE vehicles are pricing themselves out of the marketActually, OXY is transforming itself into a carbon capture and renewable energy company which is why Buffet is interested in owning a piece of it. They already have one of the world's largest solar energy farms in TX.
Ironically, your question underlines the point I have been making about SU for over a year - it needs to use its huge FCF to move into a non oil businesses with meaningful oil growth prospects. Instead, they seem to have little interest in this and doing the opposite by doubling down on oil production (although in fairness they are dabling in carbon capture but this seems to be more of a sideline than a primary focus). This is one of the big reasons that its SP doesn't reflect its FCF metrics - a fact that won't change until it changes its strategy.
While we are on the topic - let's talk about carbon capture. People here are debating EVs and transportation oil demand in the future but there is a lot more to the story. Carbon from carbon capture is going to replace a lot of oil demand in energy intensive businesses like cement for construction and asphalt for roads to name a couple of things. Carbon, not oil is going to be a big business in the future.