Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Analyst says Buffett's stake in Occidental (OXY) could exceed 40%
May 19, 2023 8:32 AM EDTBerkshire Hathaway (NYSE: BRK) acquired more shares of Occidental Petroleum (NYSE: OXY), the oil company said.
The investment giants stake is now roughly 24.4% after paying about $201 million to buy 3.46 million OXY shares this week. Berkshire now... More
Berkshire's (BRK) percentage ownership of Occidental (OXY) could significantly increase - Wells Fargo
May 19, 2023 6:35 AM EDTWells Fargo analyst Roger Read reiterated an Equal Weight rating and $64.00 price target on Occidental Petroleum (NYSE: OXY).
"Investors regularly inquire if BRK will attempt to purchase a majority stake in OXY. We do not know and have not had direct conversations... More
