Legendary investor Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) continues to ramp up its stake in oil and gas giant Occidental Petroleum (NYSE: OXY). As per TipRanks Insider Trading Tool, in an SEC filing, Berkshire disclosed its purchase of over 1.94 million additional shares of Occidental in multiple transactions between July 14 and July 16. These transactions were made at prices ranging from $56.1425 to $59.6733, for an aggregate price of $112.1 million. While the Oracle of Omaha is clearly betting on the oil major, Wall Street analysts seem to be cautiously optimistic on Occidental stock.
https://www.tipranks.com/news/article/buffett-accumulates-more-of-occidental-petroleum-what-does-wall-street-say?utm_source=advfn.com&utm_medium=referral
Occidental Petroleum (NYSE:OXY)
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Occidental Petroleum (NYSE:OXY)
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