Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake By Reuters

Berkshire paid about $582 million for the shares, which it bought between Wednesday and Friday, according to a Friday night filing with the U.S. Securities and Exchange Commission.

Its stake is about 60% larger than that of Vanguard, the next largest shareholder, according to Refinitiv data.Occidental's share price has more than doubled this year, benefiting from Berkshire's purchases as well as rising oil prices following Russia's invasion of Ukraine. In a June 23 research report, Truist Securities analyst Neal Dingmann saw a"good chance" of a Berkshire takeover once Occidental became an investment-grade credit, saying a purchase would help diversify Berkshire's energy portfolio.

We have been in $oxy heavily since the 23 pt area...

been sitting on OXY Calls since feb.

That came out early last week, just a little late on that news!

When Accidental became Occidental, Buffett ripped the reward. EnronChairman

Warren is betting on energy stocks (well stock cause he knows how to pick the best of em.) what’re you betting on? Rhetorical question for the readers here

Old news please update your system last week news and we load the truck from last week with OXY

Damn I sold Friday 😅

If you want to become a full time trader who is making enough to support a family, do what it takes to make it happen There's no shame in having a 2nd job in the beginning to build up your capital & emotional reduce pressure Contact Bamber__Michael to get started in crypto trade

Old man. Old dreams. Old money. Coke & oil in his veins. Cancer he is.

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