Warren Buffett's Berkshire Hathaway Invests $122.1 Million in Occidental Petroleum

2023-06-29 8

Berkshire Hathaway has increased its stake in Occidental Petroleum Corp to over 25%, acquiring 2.14 million shares and holding $9.5 billion of preferred stock and warrants. This is part of Berkshire's strategy to diversify its holdings beyond core investments.