Occidental Petroleum rises after Berkshire Hathaway raises stake
- Occidental Petroleum (NYSE:OXY) was rising Friday pre-market after an SEC filing by Berkshire Hathaway (BRK.A) (BRK.B) said the latter has increased its stake in the energy company.
- OXY shares were trading +2.95% at $46.70.
- Berkshire Hathaway bought an additional 8.9M shares of common stock in multiple transactions at prices ranging from $45.80 to $46.56.