Post Tagged with: "Warren Buffet"

Source: Reuters

Warren Buffet snaps up more Occidental Petroleum

Oil Price


Berkshire Hathaway (BRKA: BRKB) has expanded its stake in Occidental Petroleum (OXY) with a purchase of another 3.9 million shares this week, according to a Securities and Exchange Commission regulatory filing.

 

Warren Buffet’s holding company now …

Source: Reuters

Buffett will not seek control of Occidental Petroleum

Oil Price


Warren Buffett’s Berkshire Hathaway will not be seeking full control of Occidental Petroleum (NYSE:OXY) despite having amassed a stake of over 23%, the Omaha investor said at Berkshire’s annual shareholder meeting this weekend.

Shares in Oxy …

Source: World Oil

Berkshire Hathaway approved to buy up to half of Occidental Petroleum

World Oil


Warren Buffett’s Berkshire Hathaway Inc. won approval from U.S. regulators to buy as much as 50% of Occidental Petroleum Corp. after spending months acquiring its shares. Occidental’s shares surged on news of the authorization.

Berkshire applied to the …