Berkshire Hathaway Buys 9.6 Million More Occidental Shares, Raises Stake to Over 16%

Reuters2022-06-23

Warren Buffett's Berkshire Hathaway Inc bought another 9.6 million shares of Occidental Petroleum Corp, boosting its stake to 16.3% as the oil company's shares come off the year's high.The purchases ...

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Comments

JeremyKok
2022-06-24
JeremyKok
Black oil is still the black gold?
hphoa
2022-06-23
hphoa
Good
BenjiFuji
2022-06-23
BenjiFuji
I don't know oil counters that well but I know that$Berkshire Hathaway(BRK.B)$Will profit from it.
blessed_1
2022-06-23
blessed_1
Ok
romanc9
2022-06-23
romanc9
Seem like he likes petrol related counters.
wobi
2022-06-23
wobi
Power

Leave a comment

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It spent $51.1 billion on equities in the first quarter, including an increased $25.9 billion stake in oil company Chevron Corp.Analysts have viewed Occidental and Chevron as a way for Berkshire to benefit from rising oil prices following Russia's invasion of Ukraine.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9041388404,"gmtCreate":1656020293408,"gmtModify":1676535749453,"author":{"id":"3567307840510045","authorId":"3567307840510045","name":"JeremyKok","avatar":"https://static.tigerbbs.com/01b03a485f83b6b2615fad8ac9b87bf4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3567307840510045","authorIdStr":"3567307840510045"},"htmlText":"Black oil is still the black gold?","listText":"Black oil is still the black gold?","text":"Black oil is still the black gold?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041388404","repostId":1184390719,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043744225,"gmtCreate":1655971853767,"gmtModify":1676535743007,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578790486524477","authorIdStr":"3578790486524477"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043744225","repostId":1184390719,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043701124,"gmtCreate":1655959086068,"gmtModify":1676535740684,"author":{"id":"4110175785559852","authorId":"4110175785559852","name":"BenjiFuji","avatar":"https://community-static.tradeup.com/news/330f59d829009a2c318784ab2b5e6098","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"4110175785559852","authorIdStr":"4110175785559852"},"htmlText":"I don't know oil&nbsp;counters that well but I know that<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>Will profit from it.&nbsp;","listText":"I don't know oil&nbsp;counters that well but I know that<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>Will profit from it.&nbsp;","text":"I don't know oil counters that well but I know that$Berkshire Hathaway(BRK.B)$Will profit from it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043701124","repostId":1184390719,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043459448,"gmtCreate":1655954434184,"gmtModify":1676535739905,"author":{"id":"4112410321254552","authorId":"4112410321254552","name":"blessed_1","avatar":"https://community-static.tradeup.com/news/71622697830d9517eb67a61917d8a95f","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"4112410321254552","authorIdStr":"4112410321254552"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043459448","repostId":1184390719,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043428928,"gmtCreate":1655953504565,"gmtModify":1676535739666,"author":{"id":"4102495020619380","authorId":"4102495020619380","name":"romanc9","avatar":"https://static.tigerbbs.com/76bfe37245defa055adfff7453f1520f","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"4102495020619380","authorIdStr":"4102495020619380"},"htmlText":"Seem like he likes petrol related counters.&nbsp;","listText":"Seem like he likes petrol related counters.&nbsp;","text":"Seem like he likes petrol related counters.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043428928","repostId":1184390719,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043432207,"gmtCreate":1655949948609,"gmtModify":1676535738751,"author":{"id":"4096280261815580","authorId":"4096280261815580","name":"wobi","avatar":"https://static.tigerbbs.com/6a600358284993e8a479cf6784e80fb6","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"4096280261815580","authorIdStr":"4096280261815580"},"htmlText":"Power&nbsp;","listText":"Power&nbsp;","text":"Power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043432207","repostId":1184390719,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":185,"commentSize":15,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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