Updates
September 11, 2022: IBD repeats the story. Link here.
Berkshire Hathaway now owns 26.8% of Occidental Petroleum, according to a regulatory filing Friday night, September 9, 2022.
That came exactly one month after Warren Buffett's firm disclosed its OXY stock stake had reached 20.2%. Crossing the 20% ownership level means Berkshire Hathaway can record Occidental earnings on its books.
The Federal Energy Regulatory Commission has given Berkshire Hathaway permission to buy up to 50% of Occidental Petroleum. That's according to an order made public on August 19, 2022. Berkshire made the request on July 11, 2022.
Original Post
There is some question whether this article is "exactly" accurate. It depends on the definition of "stake" -- actual or potential -- "actual ownership" or "actual ownership plus warrants."
See this thread to see where disagreement exists.
Now That Summer Is Over And The Crowds Have Thinned
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