Investor Warren Buffett's company bought another $127 million worth of Occidental Petroleum stock over the past week to give Berkshire Hathaway 213.9 million shares of the oil producer. Berkshire said in a filing with the Securities and Exchange Commission that it bought another 2.2 million Occidental shares. Buffett has been regularly buying shares of the Houston-based company since early last year when the stock drops below $60. But Berkshire did pick up nearly 10 million shares of Capital One stock. Some of the biggest moves Berkshire made during the quarter including selling off 35 million Chevron shares had been disclosed before Monday.

Source: Wall Street Journal May 18, 2023 05:04 UTC