Berkshire Hathaway boosts Occidental Petroleum stake by $5.2M

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23 Dec 2023 0 shares 1 views

Berkshire Hathaway boosts Occidental Petroleum stake by $5.2M

Berkshire Hathaway boosts Occidental Petroleum stake by $5.2M

Upworthy

Published 23 Dec 2023

Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) purchased $5.2 million more shares of Occidental Petroleum (OXY), boosting its stake to around 28% in the oil & gas producer. The increased investment follows Occidental's recent agreement to acquire Permian Basin driller CrownRock for $12…

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