EOG Resources is the weirdest company in the world. 🌎

They were born from the biggest corporate scandal in history (Enron).

But while their parent company was a disaster, they became a money-making machine.

Here is the breakdown of how they win. 🧵

#Stocks #BusinessStorytelling #OilAndGas #EOGResources #Enron

1/14 Most people remember Enron for all the wrong reasons. 📉

But while the bosses there were playing games, a small team was actually finding oil.

In 1999, they got an "acrimonious divorce" and escaped right before Enron sank.

2/14

In 2020, experts thought Occidental Petroleum was going to go bankrupt.

Today, it is a lean, mean cash machine and a top pick for the world’s greatest investor.

Here is the 10-tweet breakdown of the $OXY "Turnaround" and what it teaches us about business. 🧵

#StockMarket #OccidentalPetroleum #Business #Investing #WarrenBuffett

1/11 🧵 THE HOOK

In 2020, $OXY stock was worth less than a sandwich. 🥪

The company was buried under $40 billion in debt. Oil prices had crashed to zero. Everyone said they were finished.

Fast forward to January 2026: They just pocketed $9.7 billion in cash. Warren Buffett is the lead cheerleader.

How did they survive? 👇

2/11