Warren Buffett's Berkshire Hathaway has plowed over $25 billion into Chevron and Occidental this year. One energy...

Buffett may be scooping up Occidental Petroleum stock in order to benefit from inflation and rising oil prices, according to Josh Young, an energy-stock specialist.

Occidental shares jump after Warren Buffett ups his stake above 20%

Berkshire Hathaway paid about $391 million for nearly 6.7 million additional shares of the energy name between last Thursday and Monday. After steadily ramping up its stake, Berkshire now owns...

Buffett Boosts Occidental Stake Above 20%

Buffett Boosts Occidental Stake Above 20% Last week, when energy companies tumbled on renewed recession fears, we predicted that Warren Buffett would take advantage of this latest...

Warren Buffett's company has bet over $45B on the oil sector

OMAHA, Neb. (AP) — Warren Buffett's company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20% of the oil...

The Off-the-Radar Stock Warren Buffett Has Bought $62 Billion of in 4 Years

Berkshire Hathaway's Class A shares (BRK.A) outperformed the benchmark S&P 500 by a factor of well over 100. Money managers with more than $100 million in assets under management are required to...

Warren Buffett's Berkshire Hathaway now commands a 20% stake in Occidental Petroleum, after plowing another $390...

The ownership milestone gives Berkshire the option to count some of Occidental's profits as its own, boosting its bottom line.

The Off-the-Radar Stock Warren Buffett Has Bought $62 Billion of in 4 Years

Berkshire Hathaway's Class A shares (BRK.A) outperformed the benchmark S&P 500 by a factor of well over 100. Money managers with more than $100 million in assets under management are required to...

Berkshire Hathaway boosts Occidental Petroleum stake above 20%

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) bought more shares of Occidental Petroleum Corp. The purchases gave Berkshire 188.4 million Occidental shares, or 20.2% of reported shares...

Berkshire Hathaway boosts Occidental Petroleum stake above 20%

By Jonathan Stempel August 8 - Warren Buffett's Berkshire Hathaway (NYSE:BRKa) Inc bought more shares of Occidental Petroleum Corp (NYSE:OXY), surpassing the 20% stake where it could record some...

Berkshire Hathaway boosts Occidental Petroleum stake above 20%

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) bought more shares of Occidental Petroleum Corp. The purchases gave Berkshire 188.4 million Occidental shares, or 20.2% of reported shares...

There's a new favorite stock among retail traders

Warren Buffett's conviction bet on Occidental Petroleum has inspired a legion of retail investors to follow suit. The stock has witnessed a massive 16.5-time increase in average daily net flows...

There's a new favorite stock among retail traders

Warren Buffett's conviction bet on Occidental Petroleum has inspired a legion of retail investors to follow suit. The stock has witnessed a massive 16.5-time increase in average daily net flows...

OXY Stock, A Warren Buffett Favorite, Set To Report Earnings Along With These Fast-Growing Firms

OXY stock has held up better than a lot of other energy stocks as it battles for support at the 50-day moving average. Warren Buffett disclosed he bought another 12 million shares of OXY stock,...

All the top-performing stocks this year are oil and gas except one: solar company Enphase

The top eight S&P 500 stocks this year are all energy names. Occidental is the benchmark's top performer this year, with shares surging 116%. Coterra Energy and Exxon are both up more than 50% on...

Valero, Occidental, and 3 Other Oil Companies Pumping Out Cash

High prices for oil and gas and strong balance sheets have benefited the industry. Refiners, producers and big multinational names like Exxon Mobil are likely to post their best earnings results...

Warren Buffett's Berkshire Hathaway continues its buying spree, spending $122 million to boost its Occidental...

Warren Buffett's Berkshire Hathaway piled another $122 million into Occidental Petroleum. The investor's company now holds a 19.4% stake, up from 3% at the start of March. Berkshire also holds...

Is Warren Buffett's interest in Occidental a bet against recession?

Warren Buffett's near 20% stake in Occidental Petroleum has some investors expecting the billionaire to eventually absorb the oil producer. Buffett's Berkshire Hathaway has been snapping up...

Occidental Petroleum (OXY): Why would Warren Buffett buy a dirty, cyclical oil company?

How could Buffett be buying Occidental, an oil stock, amid a waterfall decline in the commodity? Everybody knows the greening of the world spells doom for fossil fuels, or does it? Former oil...

Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake

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Buffett keeps buying more Occidental. Here's the buy the dip case for energy stocks

Berkshire Hathaway bought $44 million in Occidental stock on June 23. The purchase brings the conglomerate's stake in the energy company to 153.5 million shares. Shares of Occidental are down 17%...

Buffett's Berkshire buys more Occidental shares, raises stake to about 16.4%

Warren Buffett's Berkshire Hathaway Inc. said on Monday it has purchased another 794,389 shares of Occidental Petroleum Corp (OXY.N) The purchases were made in multiple transactions and cost about...

Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices well above $100

At the end of 2021, the cash pile at his holding company Berkshire Hathaway had grown to a near-record $146.7 billion. Buffett is a value investor, after all, and valuations were bloated in the...

What Did Warren Buffett See in Occidental That Carl Icahn Missed?

The Berkshire conglomerate, run by billionaire Warren Buffett, said it spent $530 million acquiring the shares of the oil company. Berkshire now owns 152.7 million shares, worth about $8.52...

Warren Buffett’s Berkshire Boosts Stake in Occidental Petroleum

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Berkshire Hathaway buys 9.6 mln more Occidental shares, raises stake to over 16%

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) bought another 9.6 million shares of Occidental Petroleum Corp (OXY.N), boosting its stake to 16.3% as the oil company's shares come off the year's...

Warren Buffett's Berkshire made a $3 billion bet on Citigroup. Here are his other picks

The conglomerate bought more than 55 million shares of Citigroup to build a stake worth $2.95 billion. Another financial name that the longtime value investor bought was Ally Financial. The...

Stocks making the biggest moves premarket: Wendy's, Krispy Kreme, Perrigo and more

Wendy's reported adjusted profit of 17 cents per share, 1 cent below estimates. Krispy Kreme gained 1.6% in the premarket after beating top and bottom line estimates. Perrigo fell 4.1% in...

Occidental Petroleum posts quarterly profit as oil rises

Net income came in at $4.7 billion, an improvement from a loss of $346 million in the first quarter of 2021. Revenue was $8.5 billion, compared to $5.5billion a year ago. Earnings per share...

Buffett's Berkshire buys more Occidental shares

Warren Buffett's Berkshire Hathaway stocked up on oil shares this week. The company bought about 5.9 million more shares of the oil company. The move adds to the company's holdings of Occidental...

Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor'

Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market. Buffett, 91, spoke at length during his annual shareholder meeting Saturday....

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