Previous Close | 13.55 |
Open | 13.55 |
Bid | 14.00 |
Ask | 14.35 |
Strike | 42.50 |
Expire Date | 2026-12-18 |
Day's Range | 13.55 - 13.55 |
Contract Range | N/A |
Volume | |
Open Interest | 63 |
Occidental Petroleum (OXY) closed the most recent trading day at $50.66, moving -1.42% from the previous trading session.
Berkshire Hathaway CEO Warren Buffett has steadily accumulated a 28% stake in Occidental Petroleum since early 2022, but has little to show for it. Barron’s believes that Berkshire is in the red on that holding, which totals 255 million shares now worth $13 billion. Occidental is one of Berkshire’s largest equity purchases in recent years.
Buffett’s Berkshire might be losing money on Occidental stake, Crude sinks on OPEC’s demand outlook and weakness in China, and more news to start your day.