Reply To: Back from the Brink Occidental Petroleum Has Most Profitable Year Ever in 2022


Occidental Petroleum OXY rose +2.53% after it was disclosed in a filing that Berkshire Hathaway bought more stock in the energy company in recent days, purchasing 3.7 million shares of Occidental and bringing its ownership to 211.7 million shares, a 23.5% stake.

The stock also received an upgrade to Outperform from Market Perform by analysts at TD Cowen.