What makes Occidental Petroleum so unique to warrant a 28% stake by Berkshire?

What makes Occidental Petroleum so unique to warrant a 28% stake by Berkshire?

Invezz

Published

Occidental Petroleum Corporation (NYSE:OXY) has been on the news lately. This was after Berkshire Hathaway Inc. (NYSE:BRK.A) increased its holding to about 28% of OXY. Over only three days, Berkshire Hathaway acquired $312.09 million worth of OXY stock at $60. The acquisition comes at a time when oil and gas prices have been declining. Investors […]

Full Article