Warren Buffett's Berkshire Hathaway Grows Stake in Occidental Petroleum

Key TakeawaysWarren Buffett’s Berkshire Hathaway purchased 763,017 shares of Occidental Petroleum on Friday for $35.7 million, according to a regulatory filing Tuesday.The investment firm has grown its stake in recent years, but Buffett has said he has no interest in taking a majority ownership stake in the company.The stock has dropped about 17% over the past year.  Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) purchased 763,017 shares of Occidental Petroleum (OXY) on Friday for $35.7 million, accordi ...