Occidental Petroleum Corporation (OXY)
How Much Occidental Petroleum Stock Does Warren Buffett Own?
Berkshire Hathaway first disclosed its Occidental Petroleum stake in early 2022. Today, its stake in this international energy company is significantly larger.
Don't Miss These Stock Picks for the Lumber Price Surge
Some stocks depend on commodity prices for their success – or failure – and the main ones that come to mind may be inside the energy sector. If Warren Buffett chooses to buy an oil company, as he did through a nine-day buying streak in shares of Occidental Petroleum Co. NYSE: OXY, it may be because he sees a fundamental reason for oil prices to move higher and bring the company's valuation up with it.
Last Quarter, Warren Buffett Only Added to 1 Existing Position. In June, He's Bought Over $435 Million More of It.
Warren Buffett bought another $435 million worth of Occidental Petroleum stock in June. Current trends in commodity prices are serving as a tailwind for Occidental.
Occidental Petroleum: Berkshire Could Buy More And You Should, Too
Berkshire Hathaway Inc. recently added more Occidental Petroleum Corporation stock, accumulating a nearly 29% stake in the company. Berkshire could buy more shares considering Occidental Petroleum's valuation, Warren Buffett's interest in energy, and Berkshire's cash position. Occidental Petroleum is a good opportunity by itself already due to attractive valuation and earning catalysts.
Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
Didn't Buy Occidental Like Buffett? Look at These 3 Oil Stocks
Over the past few weeks, Warren Buffett has been buying shares of Occidental Petroleum Co. NYSE: OXY to bring his net stake up to 29%, which is not Buffett's usual behavior. When the Oracle of Omaha invests this heavily—and this quickly—in a stock, there must be a good enough reason to justify these quick and aggressive decisions.
Buffett Back at the Buy Window, Plus Insider Buying at a Refiner, Biotechs, and More
24/7 Insights Warren Buffett has purchased more of his favorite energy stock.
If You'd Invested $10,000 in Occidental Petroleum Stock 3 Years Ago, Here's How Much You'd Have Today
Occidental Petroleum's transformation since 2020 has worked in investors' favor. The oil and gas stock has more than doubled investors' money in just three years.
Occidental Petroleum (OXY) Rises As Market Takes a Dip: Key Facts
Occidental Petroleum (OXY) reachead $62.44 at the closing of the latest trading day, reflecting a +1.93% change compared to its last close.
Top 3 Stocks to Buy Now as Energy Sector Hits Buy Zone
After showing relative strength in the first quarter, the energy sector and the Energy Select Sector SPDR Fund ETF NYSEARCA: XLE trended lower in the second quarter, recouping most of their gains. Now up just over 5% year-to-date, the sector is underperforming the market and its benchmark.
Occidental Shares Have Been Flat In 2024 But Warren Buffett Just Keeps Buying
If you had bought shares in Occidental Petroleum in June last year, the company's share price was lurking just south of the $60 mark at around $57. Twelve months down the road, the price is currently just north of $60 at around $61.
Warren Buffett's Berkshire Hathaway Boosts Occidental Petroleum Stake to Almost 29%
Shares of Occidental Petroleum (OXY) edged higher Tuesday as Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) bought up even more of the stock, boosting its stake in the energy firm to almost 29%.
