Berkshire Hathaway's Occidental Petroleum Corp. Stake
Warren Buffett acquired 143 Million Occidental Petroleum Corp. shares worth $9.06 Billion. That's 2.92% of their equity portfolio (7th largest holding). The investor owns 15.11% of the outstanding Occidental Petroleum Corp. stock. The first Occidental Petroleum Corp. trade was made in Q3 2019. Since then Warren Buffett bought shares seven more times and sold shares on one occasions. The stake costed the investor $7.19 Billion, netting the investor a gain of 26% so far.
News about Occidental Petroleum Corp. and Warren Buffett
Occidental Petroleum: Copy Buffett Using Options, 61% Annualized Yield (NYSE:OXY)
Occidental Petroleum''s share price has more than doubled in 2022. Read on to know a synthetic way to copy Warren Buffett''s actions on OXY stock.
Occidental Petroleum Is Expensive, But Berkshire Hathaway Should Buy It (NYSE:OXY)
Occidental Petroleum can generate more shareholder rewards in the immediate term backed up by the potential for an acquisition by Berkshire Hathaway.
Oil Stocks: Buffett Favorite Occidental Petroleum Among Key Earnings As Crude Prices Retreat
The post Oil Stocks: Buffett Favorite Occidental Petroleum Among Key Earnings As Crude Prices Retreat appeared on BitcoinEthereumNews.com . Canada-based oil-...
Berkshire Buys More Occidental Shares, Boosts Stake to 15.2 Percent
Warren Buffett’s Berkshire Hathaway Inc has bought another 5.9 million shares of Occidental Petroleum Corp, boosting its stake in the oil company to about 15...