Buffett’s Berkshire Adds Another ~$52M in Occidental Petroleum Stock -Breaking
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© Reuters. Buffett’s Berkshire Adds Occidental Petroleum (OXY), Stock to Add $52MWarren Buffett’s Berkshire Hathaway reported late Thursday that it had purchased another 901,774 shares Occidental Petroleum common shares for $57.32-$57.34 in a filing.
This latest acquisition brings the stake up to 143,162,392 shares common and 100,000 Series-A Preferred shares.
It was worth $51.7 million, and its common stock component is currently valued around $8.5 trillion.
Occidental shares have increased by 104% over the past year, and the stock is down 17.5%.
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