Previous close | 55.74 |
Open | 55.89 |
Bid | 55.72 x 14100 |
Ask | 56.11 x 14000 |
Day's range | 55.52 - 55.98 |
52-week range | 51.15 - 66.80 |
Volume | |
Avg. volume | 4 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 31 Jul 2024 - 05 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Occidental Petroleum (OXY) reachead $59.80 at the closing of the latest trading day, reflecting a -0.83% change compared to its last close.
Berkshire Hathaway CEO Warren Buffett appears to be taking advantage of a drop in the price of the energy company’s shares.
On June 12, 2024, Berkshire Hathaway, under the stewardship of Warren Buffett (Trades, Portfolio), expanded its holdings in Occidental Petroleum Corp (NYSE:OXY) by acquiring an additional 1,750,308 shares. This transaction, executed at a price of $60.3 per share, has increased Berkshire Hathaway's total holdings in Occidental Petroleum to 252,333,913 shares. This move not only reflects a significant confidence in the oil and gas sector but also increases Berkshire's stake in Occidental Petroleum to a commanding 28.46%, with the position now representing 4.59% of Berkshire's total portfolio.