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WohWoh
2022-03-07

Old ginger is still the spiciest! With oil prices soaring, Buffett made a large purchase of oil companies.

被巴菲特“重拾”的石油股，本周大涨45%。

Old ginger is still the spiciest! With oil prices soaring, Buffett made a large purchase of oil companies.

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With oil prices soaring, Buffett made a large purchase of oil companies.","url":"https://stock-news.laohu8.com/highlight/detail?id=2217949664","media":"华尔街见闻","summary":"被巴菲特“重拾”的石油股，本周大涨45%。","content":"<html><head></head><body>With global oil prices surging, Buffett has regained the oil stocks he sold off two years ago.A new filing from the U.S. Securities and Exchange Commission this Friday revealed that Warren Buffett's...<a href=\"https://laohu8.com/S/BRK\">Berkshire</a>Hathaway increased its holdings<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>The company currently holds 113 million shares, valued at $5.3 billion.Of the 113 million shares held by Berkshire Hathaway, only more than 29 million are common shares, while the remaining more than 83 million are in the form of warrants with an exercise price of $59.624.<img src=\"https://static.tigerbbs.com/9bd160e1dca73e9d48ef2b7d89e9e95a\" tg-width=\"2712\" tg-height=\"1368\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum rose 18% on Friday and 45% this week, closing at $56.15.<img src=\"https://static.tigerbbs.com/e1a52f55237b86052b29cf203b00024c\" tg-width=\"1301\" tg-height=\"1065\" referrerpolicy=\"no-referrer\"/>With the outbreak of the Russia-Ukraine conflict, global oil prices have been rising steadily, currently soaring above $115.Buffett thus recognized this opportunity and made a large purchase of oil company stock.Currently, more than 61 million shares in its portfolio were purchased on Wednesday, Thursday, and Friday at prices ranging from $47.07 to $56.45.However, according to Berkshire Hathaway's latest 13F filing, as of December 31, 2021, the company did not hold any shares in Occidental Petroleum.It is currently unknown when the remaining shares were purchased, as Berkshire Hathaway still owns less than 10% of Occidental Petroleum, and regulators do not require disclosure.However, although these warrants were not exercised, they must be counted for the purpose of filing an application with the SEC.Technically, Berkshire Hathaway will hold more than 17% of the shares.Berkshire Hathaway's warrant came from a $10 billion loan to Occidental Petroleum in 2019 that helped it acquire Anadarko for $38 billion.The loan came in the form of Berkshire Hathaway's purchase of preferred shares, requiring Occidental Petroleum to pay 8% Dividend annually. That's $200 million per quarter.At the time, Buffett told CNBC that he was betting on a long-term rise in oil prices.However, Buffett's bet on oil prices later underperformed in early 2020 due to the outbreak of the COVID-19 pandemic. At the shareholders meeting that year, Buffett said:“If you are a shareholder of Occidental Petroleum or any other oil production company, you and I have both made a mistake regarding the direction of oil prices.” To save cash, Occidental Petroleum paid its first and second quarter loans in the form of stock to Berkshire Hathaway, which received 17.3 million and 11.6 million shares of stock respectively.However, as of June 30 and September 30, 2020, Berkshire Hathaway's 13F filings did not list any Occidental Petroleum shares at all.This indicates that during the oil market crash, the company sold 19 million shares it had purchased, as well as nearly 29 million shares it received as Dividend.Now, with oil prices strengthening again, the names of oil companies have appeared in Buffett's portfolio.</body></html>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Old ginger is still the spiciest! 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With oil prices soaring, Buffett made a large purchase of oil companies.\n</h2>\n<h4 class=\"meta\">\n\n华尔街见闻2022-03-07 07:55\n\n</h4>\n</header>\n<article>\n<html><head></head><body>With global oil prices surging, Buffett has regained the oil stocks he sold off two years ago.A new filing from the U.S. Securities and Exchange Commission this Friday revealed that Warren Buffett's...<a href=\"https://laohu8.com/S/BRK\">Berkshire</a>Hathaway increased its holdings<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>The company currently holds 113 million shares, valued at $5.3 billion.Of the 113 million shares held by Berkshire Hathaway, only more than 29 million are common shares, while the remaining more than 83 million are in the form of warrants with an exercise price of $59.624.<img src=\"https://static.tigerbbs.com/9bd160e1dca73e9d48ef2b7d89e9e95a\" tg-width=\"2712\" tg-height=\"1368\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum rose 18% on Friday and 45% this week, closing at $56.15.<img src=\"https://static.tigerbbs.com/e1a52f55237b86052b29cf203b00024c\" tg-width=\"1301\" tg-height=\"1065\" referrerpolicy=\"no-referrer\"/>With the outbreak of the Russia-Ukraine conflict, global oil prices have been rising steadily, currently soaring above $115.Buffett thus recognized this opportunity and made a large purchase of oil company stock.Currently, more than 61 million shares in its portfolio were purchased on Wednesday, Thursday, and Friday at prices ranging from $47.07 to $56.45.However, according to Berkshire Hathaway's latest 13F filing, as of December 31, 2021, the company did not hold any shares in Occidental Petroleum.It is currently unknown when the remaining shares were purchased, as Berkshire Hathaway still owns less than 10% of Occidental Petroleum, and regulators do not require disclosure.However, although these warrants were not exercised, they must be counted for the purpose of filing an application with the SEC.Technically, Berkshire Hathaway will hold more than 17% of the shares.Berkshire Hathaway's warrant came from a $10 billion loan to Occidental Petroleum in 2019 that helped it acquire Anadarko for $38 billion.The loan came in the form of Berkshire Hathaway's purchase of preferred shares, requiring Occidental Petroleum to pay 8% Dividend annually. That's $200 million per quarter.At the time, Buffett told CNBC that he was betting on a long-term rise in oil prices.However, Buffett's bet on oil prices later underperformed in early 2020 due to the outbreak of the COVID-19 pandemic. At the shareholders meeting that year, Buffett said:“If you are a shareholder of Occidental Petroleum or any other oil production company, you and I have both made a mistake regarding the direction of oil prices.” To save cash, Occidental Petroleum paid its first and second quarter loans in the form of stock to Berkshire Hathaway, which received 17.3 million and 11.6 million shares of stock respectively.However, as of June 30 and September 30, 2020, Berkshire Hathaway's 13F filings did not list any Occidental Petroleum shares at all.This indicates that during the oil market crash, the company sold 19 million shares it had purchased, as well as nearly 29 million shares it received as Dividend.Now, with oil prices strengthening again, the names of oil companies have appeared in Buffett's portfolio.</body></html>\n<div class=\"bt-text\">\n\n\n source：<a href=\"https://wallstreetcn.com/articles/3653483\">华尔街见闻</a>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f3ecc14db02762fcb82cdbb76e654301","relate_stocks":{"BK4534":"瑞士信贷持仓","BRK.A":"伯克希尔","BK4581":"高盛持仓","BRK.B":"伯克希尔B","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4176":"多领域控股","BK4550":"红杉资本持仓"},"source_url":"https://wallstreetcn.com/articles/3653483","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2217949664","content_text":"全球油价大涨，巴菲特又重拾了两年前清仓的石油股。本周五，美国证券交易委员会的一份新文件显示，巴菲特旗下的伯克希尔哈撒韦公司增持了西方石油公司股份，目前持有股份达到1.13亿股，价值53亿美元。在伯克希尔哈撒韦持有的1.13亿股中，仅有2900多万股为普通股，剩余8300多万股以认股权证形式存在，执行价格为59.624美元。本周五，西方石油公司上涨18%，本周上涨45%，收盘价为56.15美元。随着俄乌争端的爆发，全球油价一路走高，目前已飙升至115美元以上，巴菲特也因此觉察这个机会，大举买入石油公司股票。目前其投资组合中超过6100万股股票是在周三，周四和周五购买的，价格从47.07美元到56.45美元不等。但根据伯克希尔哈撒韦最新的13F文件，截至2021年12月31日，该公司没有持有西方石油公司的股票。目前尚不知晓剩余的股票是在何时买入，因为伯克希尔哈撒韦持有西方石油公司的所有权尚不满10%，监管不要求披露。不过，尽管这些认股权证没有被行使，但出于向证交会提交申请的目的，这些认股权证必须被计算在内，从技术上讲，伯克希尔哈撒韦持有的股份将超过17%。伯克希尔哈撒韦获得的这些权证来自于2019年向西方石油公司提供的100亿美元贷款，帮助其以380亿美元收购阿纳达科公司。这笔贷款以伯克希尔哈撒韦购买优先股的形式发放，要求西方石油公司每年支付8%的股息。也就是每个季度2亿美元。当时巴菲特对CNBC表示，他是在押注油价将长期上涨。不过后来，巴菲特押注的油价在2020年初因新冠疫情爆发而表现不佳。在那年的股东大会上，巴菲特说：“如果你是西方石油股东或任何一家石油生产公司的股东，在油价走向方面你和我都犯了一个错误。”为了节省现金，西方石油公司以股票的形式向伯克希尔哈撒韦支付了第一和第二季度的贷款，后者分别获得了1730万股和1160万股股票。但截至2020年6月30日和9月30日，伯克希尔哈撒韦的13F文件中根本没有列出任何西方石油公司的股票，这表明，在石油市场的暴跌中，该公司出售了所购买的1900万股股票，以及作为股息收到的近2900万股股票。而现在，随着油价再次走强，巴菲特的投资组合中又出现了石油公司的名字。","news_type":1,"symbols_score_info":{"BRK.B":1,"BRK.A":1}},"isVote":1,"tweetType":1,"viewCount":4096,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}