Berkshire Hathaway's Occidental Petroleum Stake
Warren Buffett acquired 265M Occidental Petroleum shares worth $13.8B. That's 4.09% of their equity portfolio (8th largest holding). The investor owns 26.73% of the outstanding Occidental Petroleum stock. The first Occidental Petroleum trade was made in Q3 2019. Since then Warren Buffett bought shares 35 more times and sold shares on two occasions. The investor's estimated purchase price is $14.4B, resulting in a loss of 4.1%.
News about Occidental Petroleum Corp. and Warren Buffett
Why this top Warren Buffett oil stock is soaring
Warren Buffett-backed Occidental Petroleum (NYSE: OXY) saw its shares fly 9% higher in the last 24 hours as the equity rose to its February 20 press time pri...
OXY-Clean: Buffett's Favourite Oil Rig Scrubs $6 Billion In Debt Off The Books
• Occidental Petroleum stock is among today's top performers. Why are OXY shares rallying?
This Top Warren Buffett Stock Is Making a Game-Changing Deal
Warren Buffett has long held Occidental Petroleum (OXY -7.16%) and its CEO, Vicki Hollub, in high regard. His trust in Hollub led Buffett's company to invest...
Occidental Petroleum: Berkshire's Deal For OxyChem Is A Win-Win
Occidental Petroleum benefits from Berkshire Hathaway's $9.7B OxyChem deal, enabling significant debt reduction and a sharper oil and gas focus. OXY will use...