Berkshire Hathaway resumes purchases of Occidental Petroleum

Oct 26, 2023 · Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, bought Occidental Petroleum shares for the first time in nearly four months, adding to its oil bet …

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Berkshire Hathaway's Warren Buffett Purchases $409m In …

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Dec 19, 2024 · OMAHA, NE— Berkshire Hathaway Inc . (NYSE: BRKa), led by renowned investor Warren E. Buffett, has significantly increased its stake in Occidental Petroleum Corp. …

investing.com

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Berkshire Resumes Occidental Purchases – The Rational Walk

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Mar 8, 2023 · Warren Buffett resumed his purchases of Occidental Petroleum common stock, spending $354.5 million on March 3, 6, and 7 to acquire 5,801,791 shares at an average cost …

rationalwalk.com

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Berkshire Hathaway Resumes Purchases Of Occidental Petroleum

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Oct 26, 2023 · That gave Berkshire about 228.1 million Occidental shares, a 25.8% stake worth approximately $14.4 billion. Berkshire had last bought Occidental shares on June 28.. It also …

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Warren Buffett's Berkshire Hathaway Is Buying More Shares Of …

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Dec 23, 2024 · Warren Buffett's company, Berkshire Hathaway (BRK.A 1.42%) (BRK.B 1.38%), can't seem to get enough of Occidental Petroleum (OXY-1.14%). The conglomerate recently …

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Berkshire Hathaway Resumes Purchases Of Occidental Petroleum

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Oct 27, 2023 · Wednesday's filing also shows that Berkshire still owns $8.5 billion of Occidental preferred stock it had acquired in 2019 to help finance Occidental's purchase of Anadarko …

indiatimes.com

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Berkshire Hathaway: Deciphering Purchases Of Occidental …

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1 day ago · Berkshire Hathaway’s stake in Occidental Petroleum now exceeds 28%, suggesting a potential creeping takeover despite Buffett’s statements. ... BRK:CA) purchased another ~1% …

citybiz.co

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Buffett’s Berkshire Hathaway Buys More Occidental Shares - MSN

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The company acquired an additional 8.9 million shares of Occidental Petroleum for $405 million. This increased Berkshire’s stake in the Houston-based energy producer to above 28%.

msn.com

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Berkshire Hathaway Big Bet On Occidental Petroleum May Be …

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Occidental is one of Berkshire’s largest equity purchases in recent years. Occidental shares are down 15% this year to $50.88 after hitting a 52-week low earlier Tuesday.

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Occidental Petroleum: A Contrarian Buy - Seeking Alpha

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1 day ago · The estimated average purchase price of Occidental Petroleum's shares in Berkshire Hathaway's portfolio is about $51 per-share, according to hedge fund tracking site …

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Berkshire Hathaway Buys Occidental Petroleum Shares Worth …

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Dec 14, 2023 · Berkshire Hathaway has acquired nearly 10.5 million shares of Occidental Petroleum so far this week for about $588.7 million, according to a filing at the U.S. Securities …

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Why Occidental Petroleum Stock Slumped 17% In 2024 But Could …

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3 hours ago · 2024 was a bummer year for Occidental Petroleum (OXY 1.13%)-- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market …

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Berkshire Hathaway Now Owns 28.00% Of Occidental Petroleum …

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Feb 14, 2023 · Fintel reports that Berkshire Hathaway has filed a 13G/A form with the SEC disclosing ownership of 278.21MM shares of Occidental Petroleum Corporation (OXY). This …

nasdaq.com

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Why Occidental Petroleum Is A Top Stock To Buy In 2025 - Yahoo …

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3 hours ago · 2024 was a bummer year for Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market …

yahoo.com

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Why Warren Buffett Is Keeping 25% Of Berkshire's Assets In Cash

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1 day ago · OXY Occidental Petroleum Corp. $52.51-0.32% Overview Rating: ... Berkshire Hathaway Inc. BRK. ... as the company would be allocating that cash into these purchases. ...

benzinga.com

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Roth MKM Reaffirms Their Hold Rating On Occidental Petroleum …

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3 days ago · Occidental Petroleum price target raised to $77 from $76 at Wolfe Research; Berkshire Hathaway (BRK.A) Stock Topped the S&P 500 in 2024; Warren Buffett Buys More …

businessinsider.com

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Warren Buffett Is Set To Collect $4.5 Billion In Annual ... - Nasdaq

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2 days ago · Believe it or not, the top income-producing stock for 2025 in the 44-stock, $296 billion portfolio Warren Buffett oversees at Berkshire Hathaway is integrated oil and gas …

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FAQs about Berkshire Hathaway resumes purchases of Occidental Petroleum Coupon?

Does Berkshire Hathaway own Occidental Petroleum?

These purchases were made indirectly through Berkshire's subsidiary, National Indemnity Company. Following these transactions, Berkshire Hathaway now holds approximately 264 million shares of Occidental Petroleum, further solidifying its position as a major shareholder in the company. ...

Does Warren Buffett own Occidental Petroleum?

(Reuters) - Warren Buffett's Berkshire Hathaway Inc has resumed its purchases of Occidental Petroleum Corp shares after a five-month hiatus, increasing its stake in the oil company to about 22.2%, a regulatory filing showed on Tuesday. ...

How much did Berkshire Occidental buy?

Berkshire said in a U.S. Securities and Exchange Commission filing on Wednesday night it paid about $246 million for 3.9 million Occidental shares this week. That gave Berkshire about 228.1 million Occidental shares, a 25.8% stake worth approximately $14.4 billion. Berkshire had last bought Occidental shares on June 28. ...

Is Berkshire acquiring Occidental Petroleum (OXY) in 2022?

But in 2022, Berkshire has been loading up on shares of integrated oil and gas giant Occidental Petroleum (OXY). In just the past week, Berkshire spent over $500 million acquiring another 9.6 million shares of the company. That brings Berkshire’s total stake in OXY to 152.7 million shares, worth approximately $8.5 billion. ...

Should Buffett invest in Occidental oil?

In Q1, OXY generated $8.53 billion of revenue and adjusted earnings of $2.12 per share. While Berkshire’s recent bet on big oil is making headlines, this isn’t the first time that Buffett has invested in Occidental. Energy prices are high. But bargain-hunter Buffett continues to bet on big oil. ...

How many Occidental shares does Warren Buffett own?

Buffett's company now owns about 200.2 million Occidental shares worth $12.2 billion, based on Tuesday's closing price of $60.85. Those shares would generate about $144 million of annual dividends, following a 38% increase that Occidental announced last month. ...