Occidental Petroleum Corp (OXY)

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"Could Buffett Buy Out Occidental Petroleum (OXY)?"

"Warren Buffett keeps pumping cash into the oil patch, upping Berkshire Hathaway's (BRK.B, $267.52) stake in Occidental Petroleum (OXY, $56.09) by more than a half-billion dollars in a series of recent purchases.

And in fact, Buffett's ever-growing ardor for the Houston-based integrated oil and gas firm has some analysts speculating that the Oracle of Omaha could be eyeing a complete buyout of Occidental Petroleum in the not-too-distant future."

Regulatory filings late Wednesday revealed that Buffett scooped up another 9.6 million shares of OXY stock worth about $530 million. "

"With a commanding 16.3% stake in Occidental Petroleum, Berkshire is Occidental's largest shareholder by far. Asset management giant Vanguard is No. 2 with a 10.9% stake."

"Whether a Berkshire buyout is in the future or not, Buffett appears to have put something of a floor under OXY stock." More [important article}

https://finance.yahoo.com/news/could-buffett-buy-occidental-petroleum-181433490.html