What are your thoughts on OXY?

Warren Buffet has taken a massive stake in OXY, now at approximately $12B. I am wondering if this stock looks attractive to anyone else? Things to consider:

1. Oil prices are hovering around 5 year lows, could see price tailwinds due to geopolitical tensions

2. Validation from Buffet at 27% stake; says he might own this stock "forever". Buffet also recently purchased their chemical division OxyChem, reducing company debt.

3. Occidental has approximately 40% stake in a company called NET Power (NPWR), who is working on emerging natural gas technology called super critical CO2 (sCO2). OXY has upwards of $350m invested in this company/technology.

4. Profitable company with dividend 2.12% dividend. (Nothing to write home about but there are a lot of unprofitable companies out there!)

5. PE ratio of 34x is expensive for E&P companies

6. Super critical CO2 is exciting technology (90% reduction in reactor size, zero emissions, etc.) but first commercial demonstration will not be proven out until 2028 at the earliest. Also faces competition from GEV and others.

7. Buffet's average cost is about $51.76 per share, so he is underwater on this one.

What's your opinion, do you think Warren is wrong on this one or is it a smart 3-5 year play?