Berkshire Hathaway boosts stake in Occidental Petroleum to about 28%

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Go back to Berkshire Hathaway boosts stake in Occidental Petroleum to about 28%

Warren Buffett's Berkshire Hathaway ups stake in Occidental Petroleum (OXY)

December 22, 2023 10:52 AM EST

Occidental Petroleum (NYSE: OXY) shares are up around 2% Friday after Berkshire Hathaway (AMEX: BRK.A) (AMEX: BRK.B) upped its stake in the company to nearly 28%.

According to a regulatory filing, Warren Buffett-led Berkshire Hathway has acquired around 5.2 million shares of Occidental for about... More