Warren Buffett increases stake in Occidental - under30ceo.com

Dec 25, 2024 · 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 …

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Warren Buffett Increases Stake In Occidental - Under30ceo.com

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Dec 25, 2024 · 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 …

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Buffett Increases Occidental Stake To 27.25% - Under30ceo.com

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Oct 16, 2024 · 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 …

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Warren Buffett Boosts His Bet On Occidental Petroleum's Stock To …

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Dec 22, 2023 · Buffett's Berkshire Hathaway buys $312 million worth of Occidental shares this week, increasing its stake to more than 27% . Warren Buffett's appetite for Occidental …

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Warren Buffett Bolsters Stake In Occidental Petroleum Corp

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Jan 11, 2024 · The recent trade by Warren Buffett (Trades, Portfolio) has increased Berkshire Hathaway's stake in Occidental Petroleum to a significant 6.15% of the portfolio. This move …

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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. …

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3 Reasons Why Warren Buffett Keeps On Buying OXY Shares

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Oct 15, 2024 · Despite this volatile behavior, Warren Buffet’s Berkshire Hathaway continues to expand its stakes in the company, most recently reaching 27.25% of the company’s shares.

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Occidental Stock Jumps As Warren Buffett Boosts Stake To $7 …

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Mar 17, 2022 · Warren Buffett's Berkshire Hathaway investment group added to its holdings of Occidental Petroleum this week, taking its overall stake to around 13.4%.

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Occidental Shares Jump After Warren Buffett Ups His Stake Above 20%

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Aug 9, 2022 · Occidental Petroleum is getting a boost from Warren Buffett once again as the legendary investor bumped his stake in the oil giant above 20%.

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

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1 day ago · Over the past few quarters, Buffett accumulated a stake of up to 29% in Occidental Petroleum Co. OXY, so more and more of the market is figuring out where the best …

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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 …

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Buffett's Berkshire Adds To Holdings Of Occidental ... - Investopedia

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Dec 20, 2024 · Shares of Occidental Petroleum and SiriusXM Holdings advanced about 4.5% and 10%, respectively, on Friday after billionaire investor Warren Buffett's Berkshire Hathaway …

investopedia.com

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Berkshire Hathaway: Deciphering Purchases Of Occidental …

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2 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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Berkshire Hathaway: Deciphering Purchases Of Occidental …

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1 day ago · On Dec 17-19, 2024, Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) (NEOE:BRK:CA) purchased another ~1% of Occidental Petroleum . With this …

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

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5 days ago · Warren Buffett is a big fan of portfolio concentration and placing large wagers on his best ideas. ... Occidental Petroleum: $13.4 billion (4.5% of invested assets) ... Berkshire's …

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New Jersey's Billionaires: Meet The Six Richest Men In The State

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Oct 26, 2017 · Microsoft's Bill Gates tops the list with a $86 billion net worth, followed by Warren Buffet at $75.6 billion. Facebook's founder Mark Zuckerberg clocks in at number five with a net …

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Buffett’s Big Bet On Occidental Petroleum - Under30ceo.com

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Oct 2, 2024 · The company now owns over 20% of Occidental’s shares. Buffett began buying Occidental stock in 2019. Since then, he has continued to increase his stake. In August 2022, …

under30ceo.com

FAQs about Warren Buffett increases stake in Occidental - under30ceo.com Coupon?

Did Warren Buffett buy Occidental Petroleum?

Warren Buffett’s Berkshire Hathaway has made significant stock purchases during a recent market sell-off in December. 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%. ...

How much does Berkshire Occidental own?

After buying shares on March 23 and 27, Berkshire's stake in Occidental now stands at around 23.6% of the company, or about 211.7 million shares worth about $13 billion. Berkshire also owns $10 billion in Occidental preferred stock, with warrants to purchase $5 billion more shares at $59.62. Image source: Getty Images. ...

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 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. ...

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. ...

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. ...