Berkshire Hathaway reveals $5 billion stake in oil giant Occidental Petroleum

2022-03-07

$Occidental(OXY)$ As of Friday, Berkshire owns 91.2 million common shares of the oil giant. They’re worth $5.1 billion at tonight’s close of $56.15. The stock gained 18% today and 45% this week.

It’s been moving sharply higher along with the price of oil, which has soared to around $115 barrel in the wake of the R invasion of U.

And as Occidental was rallying, Berkshire was buying.

More than 61 million of the shares now in its portfolio were purchased on Wednesday, Thursday, and today, at prices ranging from $47.07 to $56.45.

The other 29 million shares were purchased this year on or before Tuesday. (Berkshire reported holding no OXY shares as of December 31 in its latest 13F filing.)

Old Rich bro knows something is up.

I take it 200$.

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Comments

期权散户王
2022-03-08
期权散户王
那么巧？我也加入了 [冷漠]
METASKIPE
2022-03-08
METASKIPE
follow Warren wont be wrong💰💰🤩
Anita65
2022-03-08
Anita65
😎

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