Occidental Stock Leaps As Warren Buffett Boosts Stake to $8.52 Billion

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The Street

By Martin Baccardax Warren Buffett added to his stake in Occidental Petroleum last week as the oil major looks to increase its year-to-date gain to more than 100% in Thursday trading. Occidental Petroleum (OXY) – Get Occidental Petroleum Corporation Report shares look set to pace gainers on the S&P 500 Thursday following news that billionaire investors Warren Buffett has upped his stake in the oil major for the third time in four months. Buffett’s Berkshire Hathaway (BRK.A) – Get Berkshire Hathaway Inc. Report investment group purchased around $530 million in Occidental shares last week, accor…

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