Occidental Petroleum Corporation (NYSE: OXY) caught the market’s attention on Monday after one of its prominent corporate insiders purchased its shares worth $44 million. Shares of this oil & gas exploration and production company increased 2.4% to close at $58.90 in the normal trading session on Monday. The stock rose another 1.5% in the extended trade. The Insider Trading tool by TipRanks gives us complete information about Monday’s insider transaction. The share purchase transaction was executed by Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B). The Warren Buffet led-company owns >10% shares in Occidental Petroleum. The corporate insider bought 794,389 shares of Occidental Petroleum for $55.38 per share.
https://www.tipranks.com/news/berkshire-hathaway-lends-strength-to-occidental-petroleum-stock-heres-how?utm_source=advfn.com&utm_medium=referral
Occidental Petroleum (NYSE:OXY)
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Occidental Petroleum (NYSE:OXY)
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