Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum shares
Publishing timestamp: 2023-03-07 21:02:13
Summary
Berkshire Hathaway has added nearly 5.8 million shares of Occidental Petroleum in several trades, worth over $350 million. This marks the first time Warren Buffett's company has increased its stake since September. Occidental is now among Berkshire's top 10 holdings, and Berkshire also owns $10 billion of Occidental preferred stock and has warrants to buy another 83.9 million common shares.
Sentiment: NEUTRAL
Keywords: investment strategy, business news, markets, breaking news: investing, occidental petroleum corp, breaking news: business, stock markets, berkshire hathaway inc, breaking news: markets, wall street,