Buffett increases stake in Occidental Petroleum - MSN

Warren Buffett has been buying more shares of Occidental Petroleum over the past nine trading days. This has pushed his stake in the Houston-based oil and gas company to nearly 29%. …

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Buffett Increases Stake In Occidental Petroleum - MSN

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Warren Buffett has been buying more shares of Occidental Petroleum over the past nine trading days. This has pushed his stake in the Houston-based oil and gas company to nearly 29%. …

msn.com

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Buffett Increases Stake In Occidental Petroleum - MSN

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Buffett’s investment in Occidental started in 2019. He invested $10 billion to help finance Occidental’s purchase of Anadarko Petroleum. The COVID-19 pandemic in 2020 led to a drop …

msn.com

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Warren Buffett Increases Stake In Occidental - MSN

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The company bought 8.9 million shares of Occidental Petroleum for $405 million over three days, pushing its stake above 28%. During the same period, Berkshire acquired about 5 million …

msn.com

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Warren Buffett Adds To His Favorite Energy Bet As Oil Prices Eke …

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Jun 18, 2024 · Brent prices were above $84 per barrel on Tuesday. Warren Buffett Increases OXY Stake. Occidental Petroleum stock gained 1.8% to 61.28 during market action on …

investors.com

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Buffett Increases Occidental Stake To 27.25% - MSN

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Warren Buffett’s Berkshire Hathaway has been steadily increasing its stake in Occidental Petroleum (OXY), recently reaching 27.25% of the company’s shares. This persistent …

msn.com

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Occidental Petroleum: A Contrarian Buy - Seeking Alpha

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2 days ago · Warren Buffett’s investment company Berkshire Hathaway acquired another 8.9 million shares of Occidental Petroleum for $405M in December, which brought the firm’s stake …

seekingalpha.com

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Occidental Petroleum Stock Pops On Buffett Stake

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Dec 20, 2024 · Shares of Occidental Petroleum Corp (NYSE:OXY) are up 4.4% at $47.36 at last glance, after Warren Buffett's Berkshire Hathaway (BRK) bought an addition 8.9 million shares …

schaeffersresearch.com

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Here’s Why Warren Buffett Bought All The Occidental Petroleum …

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Jun 23, 2022 · Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices well above $100 ... That brings Berkshire’s total stake in OXY to 152.7 …

yahoo.com

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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: Deciphering Purchases Of Occidental …

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3 days ago · Berkshire Hathaway's stake in Occidental Petroleum now exceeds 28%, suggesting a potential creeping takeover despite Buffett's statements. Buffett's investments in OXY reflect …

seekingalpha.com

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Warren Buffett Boosts Stake In Occidental - MSN

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As of the second quarter of 2024, Buffett’s stake in Occidental was valued at $16.09 billion. Analysts are bullish on Occidental, with an average price target of $70.44, representing a …

msn.com

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Buffett’s Berkshire Hathaway Boosts Occidental Stake - MSN

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If oil prices rise from around $70 per barrel today to $75 per barrel, a 7% increase, Occidental believes its free cash flow per share would jump from $4.22 to $5.27, a 25% increase.

msn.com

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Buffett’s Berkshire Expands Occidental Petroleum Stake

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Berkshire had to disclose these purchases because it already holds more than a 10% stake in each company. Buffett and Berkshire now own 264.2 million shares of Occidental Petroleum, …

msn.com

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Buffett’s Big Bet On Occidental Petroleum - MSN

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Since then, he has continued to increase his stake. In August 2022, Berkshire received approval from regulators to purchase up to 50% of Occidental’s common stock. Analysts believe Buffett …

msn.com

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Buffett Boosts Occidental Petroleum Stake To 28.8%

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Warren Buffett has been buying more shares of Occidental Petroleum. Berkshire Hathaway now owns about 28.8% of Occidental’s outstanding shares. This stake is worth approximately …

msn.com

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Buffett Invests $562 Million In Three Companies - MSN

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Warren Buffett, the renowned investor and CEO of Berkshire Hathaway, has recently made significant investments totaling $562 million in three companies: Occidental Petroleum, Sirius …

msn.com

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Occidental Petroleum Outperforms Analyst Estimates In Q3

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Occidental Petroleum stock advanced 0.4% on Wednesday after falling 1% to $50.29 on Tuesday. Warren Buffett , through Berkshire Hathaway, holds a 28.2% stake in Houston-based …

msn.com

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Warren Buffett Is Buying These 2 Stocks Like Crazy. Here’s Why

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1 day ago · Discover why Warren Buffett is making headlines with his latest investment moves, including a massive $7 billion stake in Occidental Petroleum and the $11.6 billion acquisition of …

msn.com

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Occidental Petroleum Just Paid Investors: Here’s How Much They …

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Occidental Petroleum Corp. (NYSE: OXY) is rewarding its shareholders once again with a quarterly dividend of $0.22, payable on Wednesday, Jan. 15. ... as its stake is more than 10%. …

msn.com

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80% Of Warren Buffett's $297 Billion Portfolio Is Invested In ... - MSN

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This is to say that Occidental Petroleum needs the spot price of crude oil to remain elevated so it can improve its financial flexibility. 7. Moody's: $11.7 billion (3.9% of invested assets)

msn.com

FAQs about Buffett increases stake in Occidental Petroleum - MSN Coupon?

Did Warren Buffett increase his stake in Occidental Petroleum?

Buffett increased his position in Occidental once again on the recent oil price dip. On Monday, it was disclosed that Warren Buffett's conglomerate Berkshire Hathaway (BRK.A 0.12%) (BRK.B -0.01%) yet again increased its stake in U.S. oil giant Occidental Petroleum (OXY -1.94%). ...

Should Warren Buffett buy Occidental Petroleum (Oxy)?

Warren Buffett’s Berkshire Hathaway has been steadily increasing its stake in Occidental Petroleum (OXY), recently reaching 27.25% of the company’s shares. This persistent investment has left Wall Street investors curious about its rationale. Buffett’s perspective on Occidental’s prospects is extremely positive. ...

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. ...

Is Occidental Petroleum a good investment?

Despite a decline in share price due to falling energy prices, Occidental Petroleum remains highly profitable and an attractive long-term investment opportunity. Warren Buffett went on a buying spree for shares of Occidental Petroleum (NYSE: OXY) in 2024 and bought another 8.9 million shares of the energy company in December. ...

How many Occidental Petroleum shares does Berkshire invest in?

With the latest buy, Berkshire has about 255.3 million shares in Occidental Petroleum, bringing Berkshire's stake to 28.8%. Occidental Petroleum is Berkshire's sixth-largest holding. Berkshire also has warrants to buy 83.9 million more Occidental Petroleum shares at $59.62 apiece, and owns 84,897 shares of preferred stock. ...

Should Warren Buffett buy occidental (Occidental)?

This indicates strong institutional interest in the stock. Given Occidental’s strong fundamentals, Buffett’s confidence in the company, and analysts’ positive outlook, it remains one of the top Warren Buffett stocks to buy. ...