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Warren Buffett’s Berkshire Hathaway Discloses $5 Billion Stake in Occidental Petroleum

Berkshire Hathaway owns a 9.8% stake in Occidental Petroleum worth $5.1 billion after furious buying activity in shares of the big energy company this past week.

 Berkshire Hathaway (ticker: BRK.A and BRK.A) disclosed late Friday in a form 4 filing with the Securities and Exchange Commission that it held 91.2 million shares of Occidental Petroleum (OXY), up from 29.8 million shares on Tuesday, which was disclosed in a separate 13-G SEC filing on Friday.

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