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

Benzinga 2023-06-29

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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.

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