Berkshire Hathaway Inc
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Financials : Diversified Financial Services | Large Cap Growth
Company profile

Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in various business activities, including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing and retailing. Its segments include Insurance, such as GEICO, Berkshire Hathaway Primary Group and Berkshire Hathaway Reinsurance Group; Burlington Northern Santa Fe, LLC, which is engaged in the operation of the railroad system; Berkshire Hathaway Energy, which includes regulated electric and gas utility; Manufacturing, which includes manufacturers of various products, including industrial, consumer and building products; McLane Company, which is engaged in the wholesale distribution of groceries and non-food items; Service and retailing, which includes providers of various services, including shared aircraft ownership programs, aviation pilot training, electronic components distribution and various retailing businesses, including automobile dealerships and furniture leasing.

Postmarket

Last Trade
Delayed
$279.00
0.72 (0.26%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$278.28
Day's Change
10.76 (4.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
279.67
Day's Low
268.57
Volume
(Average)
Volume:
6,451,507

10-day average volume:
6,059,299
6,451,507

Berkshire Hathaway buys about $52 million of Occidental Petroleum stock

8:45 am ET May 13, 2022 (MarketWatch)
Print

Warren Buffett's holding company Berkshire Hathaway Inc. (BRKA)(BRKA) acquired 901,768 shares of Occidental Petroleum (OXY) in two purchases this week valued at a combined $52 million, according to a filing. Berkshire Hathaway bought 716,355 shares at $57.32 a share on Tuesday, and then acquired 185,419 shares at a price of $57.34 a share on Thursday. Berkshire Hathaway now owns 143.16 million shares of Occidental Petroleum. Shares of Occidental rose 3% in premarket trades Friday. The stock is up 104% so far this year, compared to a loss of 17.5% by the S&P 500 .

-Steve Gelsi

	

(END) Dow Jones Newswires

May 13, 2022 08:45 ET (12:45 GMT)

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