EnergyInvestments
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Buffett Isn’t Chasing Oil Hype — He’s Buying Control
Warren Buffett now owns nearly a third of Occidental Petroleum. That’s not a toe in the water. That’s a cannonball. As of early 2026, Berkshire Hathaway controls roughly 28% of OXY’s common stock — and closer to 33% if you count the warrants. Add in the 8% preferred shares he picked up during the Anadarko…
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Buffett Isn’t Betting on Oil — He’s Betting on Control
Warren Buffett now owns nearly 29% of Occidental Petroleum. That’s not a nibble. That’s a near-takeover without the paperwork. So the obvious question: do you follow the Oracle into another oil bet — or is this the moment the energy rally runs out of gas? Here’s the blunt take: Buffett isn’t chasing a rally. He’s…
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