Warren Buffett's Berkshire Hathaway has been involved in significant stock transactions, including selling $28.7 billion in stock, cutting its HP stake, and purchasing nearly $600 million of Occidental Petroleum stock. Occidental Petroleum made a $10.8 billion deal to acquire CrownRock, signaling a significant move in the Permian Basin. The acquisition is part of a trend of major oil and gas acquisitions in the Permian Basin, totaling over $100 billion this year. Berkshire Hathaway's actions indicate confidence in the energy group's latest deal.
The $780 Billion Man: How Charlie Munger's 'Blueprint' Changed Warren Buffett's Approach to Investing @jeff_haden https://t.co/GKbqVlnFEQ
Buffett's Berkshire Hathaway has slashed its stake in HP as demand for PCs has declined. https://t.co/lQdLx8d8Yn
Buffett backs occidental deal with $590 million stock purchase https://t.co/2wpbuGLZfb via @business
#WarrenBuffett's #BerkshireHathaway has once again increased its stake in $OXY. Recently purchasing over 10.4 million shares of #Occidental, worth ~$588.6 million, they now own 238.5 million OXY Shares! #stocks #stockmarket https://t.co/E2Cbbc60Vl https://t.co/e7ULWl1ypj
Buffett Buys Another $590 Million In Occidental Stock, Backs Acquisition of CrownRock https://t.co/VGMVBIN56Q
$OXY (+2.1% pre) $BRK/A Berkshire Hathaway buys Occidental Petroleum shares worth about $588.7 mln - Reuters https://t.co/RAREnW9Wxx
Warren Buffett snaps up nearly $600 million of Occidental stock in 3 days, signaling he likes the energy group's latest deal https://t.co/Ogfk2jafdH
π πππ₯ππ¦πππ₯π πππ§πππͺππ¬ ππ¨π¬π¦ π‘πππ₯ππ¬ ππ¬.π± π πππππ’π‘ π¦πππ₯ππ¦ π’π π’ππππππ‘π§ππ π£ππ§π₯π’πππ¨π Berkshire Hathaway has acquired nearly 10.5 million shares of Occidental Petroleum so far this week for about $588.7 million, accordingβ¦ https://t.co/0LMfigu0PP
Berkshire Hathaway .Β has bought nearly $590 million ofΒ Occidental Petroleum stock this week
Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase https://t.co/Gzh8gxHZMB
Berkshire Hathaway buys Occidental Petroleum shares worth about $588.7 mln https://t.co/R5STbYeZKS https://t.co/fBF75MB2Xi
Berkshire has bought nearly $590 million of Occidental Petroleum stock this week, after the Texas oil company agreed to buy private Permian producer CrownRock https://t.co/nAj5PRGnBL
Berkshire has bought nearly $590 million of Occidental Petroleum stock this week, after the Texas oil company agreed to buy private Permian producer CrownRock https://t.co/eTP72SzN7t
Buffett has been adding to his oil and gas stocks. Particularly $oxy. I've been buying too, smaller o&g stocks of the sort Buffett would buy when he managed less money. Others have been selling. I'll continue to face into the storm. 𦬠https://t.co/CKLJIdTunP
Warren Buffett and Berkshire Hathaway $BRK.B just filed for its purchase of 10.5M shares of Occidental $OXY for $588.7 Million https://t.co/QOgpejdtOv
Does Warren Buffett Like the Occidental Deal? Wall Street Could Know Soon. https://t.co/hPeRJ8RN4m
Warren Buffettβs firm almost halves stake in PC maker HP https://t.co/QEb4RagxOd via @business
It's been a major two months for oil and gas acquisitions β’ 10/11 - Exxon & Pioneer ($60 billion) β’ 10/23 - Chevron & Hess ($53 billion) β’ 12/11 - Occidental & Crownrock ($12 billion) Across the Permian basin, M&A deals have totaled over $100 billion this year
It's been a major two months for oil and gas acquisitions β’ 10/11 - Exxon & Pioneer ($60 billion) β’ 10/23 - Chevron & Hess ($53 billion) β’ 12/11 - Occidental & Crownrock ($12 billion) Across the Permian basis, M&A deals have totaled over $100 billion this year
ICYMI Warren Buffettβs Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2% https://t.co/nzBxoJtWo2
Occidental Petroleumβs $10.8 billion deal for CrownRock suggests the Permian Basin land grab may be entering its final chapter, writes @CrowleyKev https://t.co/JAY6Riq3wU
Occidental Petroleumβs $10.8 billion deal for CrownRock suggests the Permian Basin land grab may be entering its final chapter, writes @CrowleyKev https://t.co/UnB87vbEAx
Warren Buffett's Berkshire Hathaway has slashed its HP stake by nearly 60% in 3 months - and looks to be cutting its losses https://t.co/0xuWlQhCeC
Filings: Berkshire Hathaway cut its HP stake by almost 50% to 51.5M shares, or 5.2% of the company, down from 97.85M in October, as Dell's stock outperforms HP (@vishnoisays / Bloomberg) https://t.co/etWYZDBzQg π« Subscribe: https://t.co/OyWeKSRpIM https://t.co/9T7abJpefN
Billionaire investor Warren Buffettβs firm Berkshire Hathaway has cut its holding in personal computer maker HP by half https://t.co/6nkWvvGdOZ
Billionaire investor Warren Buffettβs firm Berkshire Hathaway has cut its holding in personal computer maker HP by half https://t.co/cW9nSfG3sb
Warren Buffet Selling $28.7 Billion in Stock Rings Alarm Bells Over Economy https://t.co/l7dhgGUzlQ
Warren Buffett's Berkshire Hathaway has slashed its stake in HP https://t.co/ttBfLT65gn https://t.co/ttBfLT65gn
Berkshire Hathaway Nearly Halves HP Stake to 5.2% https://t.co/B8y96rRdDO
Warren Buffett's Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2% https://t.co/6YHzfgbEwb
Occidental agreed to buy CrownRock in a cash-and-stock deal valued at about $10.8 billion https://t.co/oESHBli3gT
Occidental's $12 billion CrownRock deal an 'aggressive move' amid Big Oil's Permian consolidation https://t.co/xhs4nZzbC9 by @ines_ferre
Occidental/CrownRock: shale deal risks tempting fate again https://t.co/qjpdq8pbEe | opinion
Occidental Petroleum's $12 billion acquisition of CrownRock set to amplify operations in the Permian Basin https://t.co/ih3srIL8iL https://t.co/5CEioCQcOA
Occidental plans to finance its biggest takeover in more than four years without the assistance of top shareholder Warren Buffett https://t.co/Z9dvQnz3Yn
Occidental plans to finance its biggest takeover in more than four years without the assistance of top shareholder Warren Buffett https://t.co/KJaHxrFyWf