Buffett’s Berkshire Might Have Bought More Occidental Stock After the Dip

A recent decline in

Occidental Petroleum


share price could have prompted

Berkshire Hathaway


to add to its large stake in the big energy company.

Berkshire Hathaway (ticker: BRK.A, BRK.B) holds 188.4 million shares of Occidental Petroleum (OXY), a 20.2% stake. Berkshire has accumulated that interest this year, with its last purchases coming in early August.

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