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Tags: warren buffett | occidental petroleum | oil and gas | energy

Buffett Buys Even More OXY

OXY
(AP)

By    |   Friday, 13 May 2022 08:09 AM EDT

Warren Buffett's Berkshire Hathaway has added 900,000 more shares of Occidental Petroleum (OXY), for $51.7 million, to its portfolio, according to a filing with the Securities and Exchange Commission, Fox Business reports.

This purchase brings Berkshire's total OXY holdings to 143.2 million shares.

Earlier this month, on May 2 and 3, Berkshire bought 5.9 million shares of OXY, after announcing at its annual meeting during the last weekend of April it had a 14% stake in Occidental.

Berkshire first acquired a preferred stake in OXY in 2019. The investment firm also recently added to its Chevron (CVX) holdings.



 

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StreetTalk
Warren Buffett's Berkshire Hathaway has added 900,000 more shares of Occidental Petroleum (OXY), for $51.7 million, to its portfolio, according to a filing with the Securities and Exchange Commission, Fox Business reports.
warren buffett, occidental petroleum, oil and gas, energy
101
2022-09-13
Friday, 13 May 2022 08:09 AM
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