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Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase

Por: MarketWatch Business December 14, 2023

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The purchases were made from Monday through Wednesday with Berkshire paying an average price of about $56 a share. Berkshire Hathaway CEO Warren Buffett took advantage of the recent weakness in Occidental Petroleum’s stock price, which hit a 52-week low Tuesday. These are . The purchases amount to a vote of confidence by Buffett in Occidental and its CEO Vicki Hollub after the company unveiled its $12 billion purchase of the privately held... + full article



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