Berkshire Hathaway bought more stock in Occidental Petroleum in recent days, purchasing 3.7 million shares of the energy company and bringing its ownership to 211.7 million shares, a 23.5% stake, according to a filing late Monday.
Berkshire Hathaway (ticker: BRK.A, BRK.B) CEO Warren Buffett continues to take advantage of the weakness in oil and natural-gas prices to purchase stock in Occidental Petroleum (OXY) below $60 a share.
Source: finance.yahoo.com
Related posts:
3 Magnificent S&P 500 Dividend Stocks Down 30% (or More) to Buy and Hold Forever
The Treasury bond market is headed for an unknown destination as it sheds key anchors, Mohamed El-Er...
History Says the Nasdaq Will Surge in 2024: 2 Stock-Split Stocks to Buy Before It Does
Snap stock jumps more than 11% after earnings beat
Billionaire Ray Dalio Pulls the Trigger on These 2 ‘Strong Buy’ Stocks