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Benzinga

Wayne Duggan

Carl Icahn Out Of Occidental As Warren Buffett Doubles Down

Occidental Carl Icahn Warren Buffett NYSE Occidental Petroleum Corporation

For Occidental Petroleum Corporation (NYSE:OXY), it's one billionaire Wall Street legend in and another one out.

On Friday, new filings from Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) revealed Warren Buffett has taken a sizable new position in the oil and gas giant. Just two days later, long-time activist investor Carl Icahn revealed to the Occidental board that he has sold his remaining stake in the company.

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