Warren Buffett acquired 248 Million Occidental Petroleum shares worth $16 Billion. That's 4.62% of their equity portfolio (6th largest holding). The investor owns 27.98% of the outstanding Occidental Petroleum stock. The first Occidental Petroleum trade was made in Q3 2019. Since then Warren Buffett bought shares 29 more times and sold shares on two occasions. The stake costed the investor $13.5 Billion, netting the investor a gain of 19% so far.
Buffett''s holding company, Berkshire Hathaway, is betting big on Occidental Petroleum stock.
The Motley Fool, about 14 hours agoTomorrow (May 4), Warren Buffett’s Berkshire Hathaway will kick off its annual shareholder meeting in the investing conglomerate’s home base in Omaha, Neb. T...
OBSERVER, 3 days agoOccidental Petroleum has several notable catalysts that could drive its stock price higher.
The Motley Fool, 6 days agoMany investors are hearing that we are in a stock picker’s market. If that’s the case, then why not take your lead from Warren Buffett? After all, Buffett is...
InvestorPlace, 24 days ago