Tag: Berkshire Hathaway Occidental Petroleum

Berkshire Hathaway resumed its strategy of purchasing Occidental Petroleum Corp shares in March, according to a recent regulatory filing. The Warren Buffett-owned conglomerate acquired additional 5.8 million shares of Occidental several days ago and now holds a 22.2% stake in the Houston-based oil and...

Warren Buffett's Berkshire Hathaway continues to be bullish on Occidental Petroleum. The conglomerate recently bought another 794,389 Occidental shares, bringing its stake in the Texas oil company to 16.4 percent. This new purchase, worth around $44 million, comes after Berkshire acquired 9.5 million shares in...