Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ’s second-quarter earnings report. Occidental Petroleum (Ticker OXY), in which Buffett’s Berkshire Hathaway (BRK/A, BRK/B) is the largest shareholder, topped profit estimates, paid down nearly $5 billion in debt and … Read more
Occidental Petroleum (OXY) leads your stocks to watch for the upcoming week. Egg producer Cal-Maine Foods (CALM), BJ’s Wholesale Club (BJ) and Hershey (HSY) are riding higher prices for food. Ulta Beauty (ULTA) is setting up again after multiple failed attempts in the past. All the stocks are either in bases or near key support … Read more
Text size Berkshire CEO Warren Buffett has been steadily adding to his company’s position in Occidental for months. Andrew Harrer/Bloomberg Berkshire Hathaway continues to add its stake in Occidental Petroleum and now holds 19.4% of the energy company after new purchases totaling more than $100 million this past Thursday and Friday, according to a filing … Read more
Chip Somodevilla/Getty Images News Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) disclosed late Monday that it bought another ~1.9M shares of Occidental Petroleum (NYSE:OXY), lifting it closer to the 20% level where it could record its proportionate shares of the oil company’s earnings with its own. Berkshire (BRK.A) (BRK.B) bought shares during July 14-16, SEC filings … Read more