Occidental Petroleum (OXY) is not just another oil company. It’s a heavyweight in fossil fuel production, chemicals, and carbon capture

The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.

Key Takeaways Warren Buffett’s Berkshire Hathaway purchased 763,017 shares of Occidental Petroleum on Friday for $35.7 million, according to a regulatory filing Tuesday.The investment firm has grown its stake in recent years,

The Oracle of Omaha scooped up shares of three stocks -- including two legal monopolies -- and dumped close to $1.3 billion worth of another during the December-ended quarter.

Berkshire Hathaway Inc. (NYSE: BRKa), led by Warren Buffett, increased its stake in Occidental Petroleum Corporation (NYSE: OXY) as the stock traded near two-year lows. A recent SEC filing revealed that Berkshire

Occidental Petroleum shares escaped a broader market downdraft Wednesday after Warren Buffett's Berkshire Hathaway disclosed it had bought more of the oil company's stock. Berkshire snapped up almost $36 million of Occidental shares late last week,

Warren Buffett's cash reserves have been at all-time highs but he's put some of that back to work, scooping up more shares Occidental Petroleum, building his stake to more than 28% in the company. Buffett's Berkshire Hathaway purchased 763,