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Buffett's Berkshire Hathaway amasses significant stake in Occidental Petroleum. Warren Buffett, who has been at the helm of Berkshire Hathaway (NYSE:BRKa) since 1965, has recently shown a significant interest in energy firm Occidental Petroleum (NYSE: NYSE:OXY).
Berkshire Hathaway holds a 25.78% stake in Houston-based Occidental Petroleum. Buffett told shareholders earlier this year he has no intention of taking over the company.
Inflated figures. Occidental has previously been accused of inflating the role of carbon dioxide removal when it told investors that it could capture 10 gigatonnes by 2030. IPCC author Zeke Hausfather thinks ?carbon dioxide removal is an important part of getting to net zero?.
Top 10 Owners of Occidental Petroleum Corp StockholderStakeShares ownedBerkshire Hathaway, Inc. (Investm...25.78%228,051,027Dodge & Cox10.32%91,303,640The Vanguard Group, Inc.6.46%57,167,328SSgA Funds Management, Inc.5.02%44,375,2266 more rows
Headquartered in Houston, Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization.
August 2019: the company acquired Anadarko Petroleum for $57 billion, making the deal the world's fourth biggest oil and gas acquisition to date.
The Audit Committee of the Board of Directors of Occidental has selected KPMG LLP as independent auditor to audit the consolidated financial statements of Occidental and its subsidiaries for the year ending December 31, 2021.
Largest shareholders include Berkshire Hathaway Inc, Dodge & Cox, DODGX - Dodge & Cox Stock Fund, Vanguard Group Inc, State Street Corp, BlackRock Inc., Fmr Llc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, XLE - The Energy Select Sector SPDR Fund, and VFINX - Vanguard 500 Index Fund Investor Shares ...