Text size Warren Buffett hip Somodevilla/Getty Images Berkshire Hathaway continued to buy more shares of Occidental Petroleum in recent days, purchasing a total of about $580 million of stock on Wedne...
Tag: oxy
Warren Buffett increases OXY stake by $44 million to over 16% of the company
Occidental Petroleum Corporation (NYSE: OXY) ended the trading session on June 28 up over 4% as Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) increased its stake in the company. Namely, in a regul...
Berkshire Holds 16.4% of Occidental Petroleum After Recent Purchase
Text size Buffett likes American companies, and Occidental gets the vast bulk of its energy production domestically. Johannes Eisele/AFP/Getty Images Berkshire Hathaway continued to add to its stake i...
Berkshire Hathaway Holds 16.3% of Occidental Petroleum After Recent Buys
Text size Warren Buffett, chairman and CEO of Berkshire Hathaway. Kevin Dietsch/Getty Images Berkshire Hathaway purchased more than $500 million of Occidental Petroleum stock recently and now holds a ...
Oil and gas stocks suffer broad, sharp selloff as crude futures drop
The S&P 500’s energy sector was suffering a unanimous selloff, as crude oil CL00, -6.61% and natural gas futures NG00, -1.32% slumped amid growing demand concerns and as the Biden administra...
Cash Dividend On The Way From Occidental Petroleum
On 6/9/22, Occidental Petroleum will trade ex-dividend, for its quarterly dividend of $0.13, payable on 7/15/22. As a percentage of OXY’s recent stock price of $68.50, this dividend works out to...
Oil stocks enjoy broad rally as crude prices jump, with Exxon Mobil at an 8-year high and Chevron at a record
The energy sector is on track to enjoy a unanimous rally Tuesday, as the European Union’s ban on Russian oil has sent crude oil futures surging. The SPDR Energy Select Sector ETF XLE, +1.00% ral...
Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter
Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway bought stakes in Citigrou...
Occidental Petroleum Continues to Target Higher Prices
Occidental Petroleum (OXY) is making a new 52-week high Monday as crude oil futures resume their rise. In our February 24 review of OXY and the VanEck Oil Services ETF (OIH) , we were bullish with a...
Warren Buffett Spends Big as Stock Market Sells Off
The stock market’s selloff has been bad news for most investors. The Omaha-based company bought 901,768 shares of Occidental Petroleum Corp. OXY 8.21% last week, according to a regulatory filing. The ...
Berkshire Hathaway buys about $52 million of Occidental Petroleum stock
Warren Buffett’s holding company Berkshire Hathaway Inc. BRK.A, +0.73% BRK.B, +0.75% acquired 901,768 shares of Occidental Petroleum OXY, +8.21% in two purchases this week valued at a combined $...
Occidental Stock Rises on Record $4.7 Billion Quarterly Profit
Text size Occidental Petroleum has a huge footprint in the Permian Basin of West Texas. Joe Raedle/Getty Images Shares of Occidental Petroleum , one of the biggest producers of U.S. onshore oil and ga...
Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks to Watch This Week
Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...
Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks for Investors to Watch This Week
Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...
Buffett loads more of Oxy stock increasing his stake in energy company to 14%
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) bought more shares of Occidental Petroleum (NYSE: OXY) stock this week. In total, Berkshire Hathaway bought 5.9 million shares worth roughly a total o...
Berkshire Hathaway May Have Sold Verizon, Bought $10 Billion of Financials
Text size Warren Buffett’s Berkshire Hathaway said it incurred $739 million of realized losses on equity sales in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hatha...
Berkshire Hathaway May Have Sold Verizon Stock in Q1, Bought $10 Billion of Financials
Text size Warren Buffett’s Berkshire Hathaway said it incurred $739 million of realized losses on equity sales in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hatha...
4 Takeaways From the Berkshire Hathaway Annual Shareholders Meeting
Text size Warren Buffett. Drew Angerer/Getty Images OMAHA, Neb.—The 2022 Berkshire Hathaway annual shareholders meeting took place in person on Saturday, with tens of thousands of Warren Buffett fans ...
Warren Buffett Says Markets Have Become a ‘Gambling Parlor’
OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...
Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting
OMAHA, Neb.—The Berkshire Hathaway annual shareholders meeting is back in person for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Warren Buffett addre...
Occidental, Devon, and 7 Other Energy Stocks That Look Particularly Cheap
Text size Energy stocks are undervalued, some analysts say. Callaghan O’Hare/Bloomberg Energy stocks were the S&P 500’s top performers last year, rising 48%. They’re leading the pack again i...
Warren Buffett’s Berkshire Hathaway Takes 11% Stake in HP
Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc. Berkshire Hathaway has accumulated an 11.4% stake worth $4.2 billion in HP Inc. , the maker of personal computers and printers, ...
Where to buy Occidental Petroleum stock (OXY) as it recovers from the recent drop
The price of Occidental Petroleum stock (OXY) is has started correcting the recent price drop that had brought it down from a high of $60.96 on March 21 to a low of $56.64 on March 28. It has gained a...
Exxon Gets an Upgrade, but Analyst Takes ‘Chips Off Table’ for 2 Other Oil Stocks
Text size Gas prices are displayed on a pump at an Exxon gas station in Washington, DC, on May 24, 2022. Stefani Reynolds / AFP via Getty Images Energy stocks have emerged winners in this period of vo...