Occidental Petroleum Begins Buying Back Buffett Stock ...Middle East

OILPRICE - Economy
Occidental Petroleum Begins Buying Back Buffett Stock
In something of a reversal in trends, Occidental Petroleum has started buying back preferred stock it transferred to Warren Buffett’s Berkshire Hathaway in exchange for its financial backing for the Anadarko takeover. The news comes just as Buffett said earlier this week he was not seeking to take control of the oil and gas major. “We don’t know where the price of oil will be, but we like Occidental’s position in the Permian,” Buffett told Berkshire Hathaway’s shareholders at last weekend’s annual meeting.…

Hence then, the article about occidental petroleum begins buying back buffett stock was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Occidental Petroleum Begins Buying Back Buffett Stock )

Apple Storegoogle play

Last updated :

Also on site :



Latest News