{"id":80968,"date":"2022-03-14T00:42:49","date_gmt":"2022-03-14T04:42:49","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80968"},"modified":"2022-03-14T00:43:03","modified_gmt":"2022-03-14T04:43:03","slug":"warren-buffett-is-still-buying-occidental-petroleum-adding-shares-worth-1-5-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2022\/warren-buffett-is-still-buying-occidental-petroleum-adding-shares-worth-1-5-billion.html","title":{"rendered":"Warren Buffett is still buying Occidental Petroleum, adding shares worth $1.5 billion"},"content":{"rendered":"\n<p>(CNBC) After spending around $4.5 billion last week to buy 91.2 million shares of\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/OXY\" target=\"_blank\">Occidental Petroleum<\/a>, he\u2019s spent more than $1.5 billion this week to add another 27.1 million shares to Berkshire Hathaway\u2019s stake. An\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/link.cnbc.com\/click\/27000995.22114\/aHR0cHM6Ly93d3cuc2VjLmdvdi9BcmNoaXZlcy9lZGdhci9kYXRhLzEwNjc5ODMvMDAwMDg5OTI0MzIyMDEwNzk4LzAwMDA4OTkyNDMtMjItMDEwNzk4LWluZGV4Lmh0bT9fX3NvdXJjZT1uZXdzbGV0dGVyJTdDd2FycmVuYnVmZmV0dHdhdGNo\/5af261592ddf9c7ca6cc4799B21b5c5b8\" target=\"_blank\">SEC filing<\/a>\u00a0late Friday revealed the purchases were made on Wednesday, Thursday and Friday at prices between $51.03 and $58.58. The weighted average of the buys is around $56.60.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/03\/12\/warren-buffett-is-still-buying-occidental-petroleum-adding-shares-worth-1point5-billion.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) After spending around $4.5 billion last week to buy 91.2 million shares of\u00a0Occidental Petroleum, he\u2019s spent more than $1.5 billion this week to add another 27.1 million shares to Berkshire Hathaway\u2019s stake. An\u00a0SEC filing\u00a0late Friday revealed the purchases were [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80968","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80968"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80968\/revisions"}],"predecessor-version":[{"id":80969,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80968\/revisions\/80969"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}