Berkshire Hathaway's Occidental Petroleum Stake
Warren Buffett acquired 188 Million Occidental Petroleum shares worth $11.6 Billion. That's 3.75% of their equity portfolio (6th largest holding). The investor owns 19.95% of the outstanding Occidental Petroleum stock. The first Occidental Petroleum trade was made in Q3 2019. Since then Warren Buffett bought shares fourteen more times and sold shares on two occasions. The stake costed the investor $9.98 Billion, netting the investor a gain of 16% so far.
News about Occidental Petroleum Corp. and Warren Buffett
Warren Buffett Buys Another Batch Of Occidental Petroleum Shares
Warren Buffett’s Berkshire Hathaway bought another batch of shares in Occidental Petroleum, raising its stake in the company further. At a total of $352 mill...
Savings - Warren Buffett''s Berkshire Hathaway made a $2 billion misstep by dumping Occidental stock then piling back in 18 months later
Warren Buffett. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway made a $2 billion error by selling Occidental Petroleum stock in 2020. Warre...
Occidental Petroleum Stock: Look Elsewhere In Oil And Gas (NYSE:OXY)
Buffett''s involvement in Occidental Petroleum has turned a poor performer into one of the stars of 2022. Click here to read our analysis of OXY stock.
Warren Buffett Hikes Occidental Petroleum Stake After Getting Regulatory OK To Buy 50%
Warren Buffett''s Berkshire Hathaway disclosed its Occidental Petroleum stake has risen to 26.8%. OXY stock rose slightly late Friday.