Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum shares
Posted on AllSides March 7th, 2023
From The Center
Warren Buffett's Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening. The Omaha-based conglomerate bought nearly 5.8 million shares of the oil company in a few separate trades on Friday, Monday and Tuesday, paying prices in the range from $59.8 to $61.9, the filing showed. The latest purchase, totaling more than $350 million, marked the first time the "Oracle of Omaha" hiked his bet since September. Berkshire now owns 200.2 million shares of Occidental, worth $12.2 billion based...
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