Warren Buffett and Charlie Munger addressed queries from shareholders about Berkshire’s business performance, their thoughts on macroeconomic issues and the recent banking turmoil.
[11/9] Berkshire Hathaway (BRKB) Fantastic To Buy 💪🛑📣🎉
$Berkshire Hathaway(BRK.B)$ Warren Buffett Buys More OXY Stock But Chevron is not the only way in which Berkshire has energy exposure. In fact, the firm has been making waves as it builds an increasingly large stake in Occidental Petroleum (OXY). Last year, it emerged that Berkshire had snapped up 91.2 million shares in the oil giant. It came as the price of oil spiked amid the Russia-Ukraine war. Berkshire bought another 5.99 million shares of Occidental Petroleum this year between Sept. 26 and 28, according to a Sept. 28 filing. Buffett has continued to build up his stake in the Houston-based energy giant in 2023, in the most recent quarter buying another 12.4 million shares, which increased the size of the position by a further 5.9%. Las
A few days ago, Berkshire Hathaway, led by Warren Buffett, increased its stake in $Occidental(OXY)$ Petroleum , raising its stakes to 25%. Buffett's favoritism towards Occidental Petroleum is well-known, and with the endorsement of the stock market guru, Occidental Petroleum is one of the strongest performing companies in the energy sector.However, Buffett also endorsed an oil and gas company. On July 10th, $Berkshire Hathaway(BRK.B)$ Energy agreed to acquire a 50% stake in $Dominion Resources(D)$ energy's Cove Point liquefied natural gas (LNG) facility in Maryland for $3.3 billion. After the completion of the transaction, Berkshire Hathaway will own a 75% limited p
[11/9] Berkshire Hathaway (BRKB) Fantastic To Buy 💪🛑📣🎉
$Berkshire Hathaway(BRK.B)$ Warren Buffett Buys More OXY Stock But Chevron is not the only way in which Berkshire has energy exposure. In fact, the firm has been making waves as it builds an increasingly large stake in Occidental Petroleum (OXY). Last year, it emerged that Berkshire had snapped up 91.2 million shares in the oil giant. It came as the price of oil spiked amid the Russia-Ukraine war. Berkshire bought another 5.99 million shares of Occidental Petroleum this year between Sept. 26 and 28, according to a Sept. 28 filing. Buffett has continued to build up his stake in the Houston-based energy giant in 2023, in the most recent quarter buying another 12.4 million shares, which increased the size of the position by a further 5.9%. Las
A few days ago, Berkshire Hathaway, led by Warren Buffett, increased its stake in $Occidental(OXY)$ Petroleum , raising its stakes to 25%. Buffett's favoritism towards Occidental Petroleum is well-known, and with the endorsement of the stock market guru, Occidental Petroleum is one of the strongest performing companies in the energy sector.However, Buffett also endorsed an oil and gas company. On July 10th, $Berkshire Hathaway(BRK.B)$ Energy agreed to acquire a 50% stake in $Dominion Resources(D)$ energy's Cove Point liquefied natural gas (LNG) facility in Maryland for $3.3 billion. After the completion of the transaction, Berkshire Hathaway will own a 75% limited p