Occidental Petroleum Continues to Demonstrate Why Warren Buffett's Company Sees So Much Value in the Oil Stock

Occidental Petroleum (OXY 4.40%) has grabbed the attention of Warren Buffett's company, Berkshire Hathaway (BRK.A 0.12%) (BRK.B 0.20%). That's abundantly clear in Berkshire's buying binge of Occidental's stock. Buffett's company recently bought another $35.7 million of the oil stock, boosting its stake to 28.8% of its outstanding shares. That makes Occidental its sixth largest holding, at 4.3% of its investment portfolio. Those who wonder what Buffett's company sees in Occidental need to look no further tha ...