Warren Buffett, widely regarded as the greatest investor of all time, has built incredible wealth for himself and early ...
Warren Buffett’s Berkshire Hathaway has increased its stake in Occidental Petroleum by purchasing 763,017 shares for $35.7 ...
Occidental had been looking to reduce its debt, which it took following the CrownRock deal and its 2019 purchase of Anadarko Petroleum ... a new position in the stock. Over the past year ...
With its stock price currently more than 30% below ... debt-funded acquisition of Anadarko Petroleum in 2019.
It aims to do that by resuming its share repurchase program and redeeming the preferred equity investment Berkshire Hathaway made in the company in 2019 to help fund the Anadarko Petroleum ...
Berkshire's ties to Occidental run deeper than just common stock. It played a key role in Occidental's $55 billion purchase of Anadarko Petroleum in 2019, pumping in $10 billion in exchange for ...