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Shanthi Rexaline

Warren Buffett’s Berkshire Hathaway Bumps Up Occidental Stake To 25% With $122M Share Purchase

Warren Buffett Occidental Berkshire Berkshire Hathaway Oil Berkshire Hathaway Inc Sun

UKRAINE - 2023/05/16: In this photo illustration, Berkshire Hathaway Inc. logo is seen on a smartphone screen. (Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

Warren Buffett’s Berkshire Hathaway, Inc. (NYSE:BRKA) (NYSE:BRKB) has added more Occidental Petroleum Corp. (NYSE:OXY) shares to its portfolio, according to filings by the investment holding company late Wednesday. The fresh purchase comes close on the heels of a $201 million worth of Occidental buy by Berkshire in mid-May.

SUN VALLEY, IDAHO – JULY 07: Warren Buffett, CEO of Berkshire Hathaway, rides to a morning session during the Allen & Company Sun Valley Conference on July 07, 2022, in Sun Valley, Idaho. The world’s most wealthy and powerful businesspeople from the media, finance, and technology will converge at the Sun Valley Resort this week for the exclusive conference. (Kevin Dietsch/Getty Images)

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