I'm definitely intrigued by this whole story. It will be interesting to see how Stratos does — and how far Oxy is willing to push its investment in this area.
re: "but it’s not completely unheard of, either. In 2021, Berkshire sold the Kirby Company (which was part of Scott Fetzer) to Right Lane Industries — and, a year earlier, it sold the Buffalo News and other wholly-owned media publications to Lee Enterprises."
And Applied Underwriters. I'll bet Ajit wishes he kept Applied and sold GUARD at that time.
250,000 metric tons of CO2/year is just 0.00068% of annual, global emissions. Oxy has a lot of room to grow its carbon-capture business!
I'm definitely intrigued by this whole story. It will be interesting to see how Stratos does — and how far Oxy is willing to push its investment in this area.
Thank you! Informative as usual!
Thanks for reading! Much appreciated :)
re: "but it’s not completely unheard of, either. In 2021, Berkshire sold the Kirby Company (which was part of Scott Fetzer) to Right Lane Industries — and, a year earlier, it sold the Buffalo News and other wholly-owned media publications to Lee Enterprises."
And Applied Underwriters. I'll bet Ajit wishes he kept Applied and sold GUARD at that time.