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Berkshire Hathaway boosts Occidental Petroleum stake by $5.2M - Yahoo Finance

Yahoo Finance · last updated

Berkshire Hathaway boosts Occidental Petroleum stake by $5.2M

Warren Buffett's Berkshire Hathaway ( BRK-A, BRK-B) purchased $5.2 million more shares of Occidental Petroleum ( OXY), boosting its stake to around 28% in the oil & gas producer. The increased investment follows Occidental's recent agreement to acquire Permian Basin driller CrownRock for $12 billion.

Yahoo Finance's Seana Smith and Bradley Smith break down the details of this trending ticker.

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