Berkshire Hathaway Stock Hits a Record High. Buffett Can Thank Occidental, Not Apple.

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit

  • Order Reprints

  • Print Article

The Sage of Omaha just can’t keep his hands off Occidental Petroleum stock.

Warren Buffett’s Berkshire Hathaway (ticker: BRK.A and BRK.B) scooped up even more shares in Occidental Petroleum (OXY) in recent days, according to regulatory filings on Wednesday, bringing its stake in the oil company to $7.2 billion.

It’s news that might have been…