Warren Buffett plowed $4.5 billion into Occidental Petroleum in 5 days. He pounced after reading its latest earnings-call transcript.

warren buffett

Warren Buffett.Kevin Lamarque/Reuters

  • Warren Buffett’s Berkshire Hathaway invested $4.5 billion into Occidental Petroleum in five days.

  • The investor pounced after reading a transcript of Occidental’s latest earnings call, he told CNBC.

  • Berkshire snapped up 91.2 million shares, securing a stake worth more than $5 billion today.

Warren Buffett’s Berkshire Hathaway plowed $4.5 billion into Occidental Petroleum in five days, securing 91.2 million shares worth upward of $5 billion today.

The famed…


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