Berkshire Hathaway's Director Warren E. Buffett purchased a total of 8,580,322 shares of OXY common stock in five transactions between December 17, 2024, and December 19, 2024, at an average price of $46.0363. This indicates confidence in OXY's current performance and future prospects. Continued accumulation by Berkshire Hathaway is likely to garner positive market reactions for OXY shareholders.
OXY shares gained 4.8% in overnight trading.
Buffett also purchased of a total of 5,178,274 Sirius XM Holdings stock from December 17, 2024, to December 19, 2024. The purchase prices ranged between $20.8464 and $22.4944. Buffett's stock acquisition may be seen by investors as a positive sign for the company's future prospects.
SIRI shares gained 3.74% in overnight trading.
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