BUFFETT WATCH Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion


Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion on the first three days of this week.

An SEC filing Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares.

At Wednesday’s close of $52.99, they are worth $959 million.

Source: https://www.cnbc.com/2022/03/17/warren-buffett-scoops-up-another-1-billion-in-occidental-shares-bringing-total-stake-to-7-billion.html

What are your thoughts and strategy on $OXY? How far can it go?


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