Berkshire Hathaway Increases Stake in Occidental P…

From Financial Modeling Prep: 2025-02-12 02:24:54

Berkshire Hathaway Inc. has increased its holdings in Occidental Petroleum Corporation as the latter’s shares hit a two-year low. The additional purchase of 763,017 shares at an average price of $46.8195 per share brings Berkshire’s total to 264.9 million shares in Occidental, valued at $35.7 million.

Occidental’s stock has faced downward pressure in 2025, down 2.4% year-to-date due to falling oil prices and trade concerns impacting global economic growth and oil demand.

Warren Buffett remains confident in Occidental, citing its steady dividend payouts as a key factor in his investment strategy. He has ruled out a full acquisition of the oil producer but continues to support the company.

Investors tracking oil price fluctuations and energy stocks can utilize the Commodities API to monitor real-time crude oil prices and trends. The SEC Filings API offers access to Buffett’s latest regulatory disclosures for insights into Berkshire’s investment patterns.

Berkshire’s investment in Occidental reflects Buffett’s long-term value approach amid market volatility. With ongoing oil price fluctuations and policy shifts, investors will monitor Berkshire’s stake in Occidental and how market conditions impact the stock. Leveraging financial data APIs can provide key insights for tracking oil market trends and institutional investments.



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