Berkshire Hathaway, which is owned by Warren Buffett, has been buying crude oil product shares every day lately! Shareholding in Occidental Petroleum for nine consecutive trading days.
According to regulatory documents, the stock god Buffett's Berkshire Hathaway has been increasing its shareholding in Occidental Petroleum every day for the past nine trading days, bringing its shareholding percentage to nearly 29%. Specifically, from June 5th to this Monday, June 17th, Berkshire Hathaway bought shares of Occidental Petroleum every trading day, adding up to 7.3 million shares and purchasing them at prices around $60 per share. The latest increase brought Berkshire Hathaway's total holdings of Occidental Petroleum to over 255 million shares, accounting for 28.8% of the shares. Occidental Petroleum is Berkshire Hathaway's sixth-largest stock holding, and Berkshire Hathaway has become the company's largest shareholder.
Why Occidental Petroleum Corporation Shares Are Moving Higher Tuesday
Occidental Petroleum Corporation (NYSE:OXY) stock is moving higher on Tuesday after Berkshire Hathaway increased its stake in the company.What Happened: On Monday, Berkshire Hathaway in a form4 disclo
Some Colonial Pipeline Owners Weighing Stake Sales - Reuters
$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 5 years by 2.93% on an annualized basis producing an average annual return of 16.18%. Currently, Wheaton Precious Metals ha
Least Shorted S&P 500 Stocks in May
Venezuela Discusses Extension of Chevron-PDVSA Oil Venture Through 2047