Warren Buffett likely to acquire all of Occidental Petroleum: Truist - Markets Insider


6/24/2022 12:00:00 AM3 years 8 months ago
by Matthew Fox

Buffett built a massive stake in Occidental Petroleum over the past three years, having first purchased $10 billion worth of preferred stock in 2019.

Warren Buffett's Berkshire Hathaway is likely to buy all of Occidental Petroleum once its credit profile improves, according to a Thursday note from Truist Securities. "We believe there is good chan… [+2207 chars]

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