Warren Buffett Boosts Occidental Petroleum Stake Yet Again ...Middle East

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Warren Buffett Boosts Occidental Petroleum Stake Yet Again
source : OILPRICE ( Middle East ) () 38
Warren Buffett’s Berkshire Hathaway bought shares in Occidental Petroleum for the third time this month, boosting its stake in the company to 23.6 percent. The investment firm paid $216 million for the shares, which it bought on two separate days, Reuters reported, citing a regulatory filing. The purchase follows a series of three stock purchases worth $350 million in early March, which pushed Berkshire’s stake in oxy to over 20 percent, and then another one, worth $466.68 million, made in the middle of the month. According to the Reuters…

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