Warren Buffett acquired 248 Million Occidental Petroleum shares worth $16.4 Billion. That's 4.87% of their equity portfolio (6th largest holding). The investor owns 26.65% of the outstanding Occidental Petroleum stock. The first Occidental Petroleum trade was made in Q3 2019. Since then Warren Buffett bought shares 29 more times and sold shares on two occasions. The stake costed the investor $13.5 Billion, netting the investor a gain of 21% so far.
Many investors are hearing that we are in a stock picker’s market. If that’s the case, then why not take your lead from Warren Buffett? After all, Buffett is...
InvestorPlace, 6 days agoSLB is upping its investment in an idea that Occidental Petroleum has already been working on for over a decade now.
The Motley Fool, 17 days agoWarren Buffett is widely considered to be the greatest investor of all time. The man has amassed an incredible Fortune from the stock market. Yet he is not i...
InvestorPlace, about 1 month agoBerkshire''s oil and gas exposure extends far beyond Oxy.
The Motley Fool, about 2 months ago