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 .
(END) Dow Jones Newswires
May 13, 2022 08:45 ET (12:45 GMT)
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