Occidental Petroleum is not likely to be acquired by Berkshire Hathaway but Warren Buffett is happy to continue buying shares under $60. What's next?
I wonder, if the price of oil takes a plunge in the future for whatever reason, will a Berkshire-backed OXY go shopping for distressed oil/gas related companies?
Wouldn’t surprise me to see that happen.
I wonder, if the price of oil takes a plunge in the future for whatever reason, will a Berkshire-backed OXY go shopping for distressed oil/gas related companies?
Wouldn’t surprise me to see that happen.