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Berkshire now owns 264 million Occidental shares worth about $12 billion, a 28% stake in the big U.S.-focused energy company.
Occidental Petroleum Corp. closed 34.47% below its 52-week high of $71.19, which the company reached on April 12th.
Occidental Petroleum (NYSE:OXY) -4.2% in Friday's trading to its lowest in more than a month as Goldman Sachs downgrades to Sell from Neutral with a $45 price target, cut from $54, citing the ...