Berkshire Hathaway Continues Building Stake In Occidental

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Rupert Hargreaves
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Warren Buffett’s Berkshire Hathaway continues to show its unwavering faith in Occidental Petroleum by consistently adding to its stake. The latest acquisition has brought the total stake owned by Berkshire to a significant 25.8% of the energy company. Buffett’s investment in Occidental is a clear reflection of his unwavering belief in Occidental’s CEO, Vicki Hollub, who has been praised for her innovative strategies in the energy industry. Berkshire Builds Its Occidental Holdings Berkshire Hathaway started consolidating its position in Occidental in February 2022. This was around the time Russia invaded Ukraine, resulting in global energy market fluctuations. Despite these uncertainties,…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk