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Warren Buffett's Berkshire scoops up another $270 million Occidental Petroleum stock

Published 05/31/2023, 06:47 AM
Updated 05/31/2023, 06:54 AM
Warren Buffett's Berkshire scoops up another $270 million Occidental Petroleum (OXY) stock
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Warren Buffett's Berkshire Hathaway (NYSE:BRKa) (BRK-A) disclosed it acquired another 4.66 million common shares of Occidental Petroleum (NYSE:OXY) from 05/25/23-05/30/23 at prices from $58.3026-$58.8545.

The value of the purchases was over $270 million.

Berkshire owns 221,990,942 comment shares of OXY following the purchase as well as 93,532 Series A Preferred Stock and warrants on another 83,858,848.81 common shares.

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