{"id":512997,"date":"2022-08-10T10:55:31","date_gmt":"2022-08-10T05:25:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=512997"},"modified":"2022-08-10T10:55:31","modified_gmt":"2022-08-10T05:25:31","slug":"berkshire-hathaway-boosts-occidental-petroleum-stake-above-20","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/berkshire-hathaway-boosts-occidental-petroleum-stake-above-20\/","title":{"rendered":"Berkshire Hathaway boosts Occidental Petroleum stake above 20%"},"content":{"rendered":"<p>&#8211; Warren Buffett&#8217;s Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp , surpassing the 20% stake where it could record some of the oil company&#8217;s earnings with its own and potentially add billions of dollars of profit.<\/p>\n<p>In a regulatory filing on Monday night, Berkshire said it paid about $391 million for nearly 6.7 million Occidental shares between Aug. 4 and Aug. 8.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Warren Buffett&#8217;s Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp , surpassing the 20% stake where it could record some of the oil company&#8217;s earnings with its own and potentially add billions of dollars of profit. In a regulatory filing on Monday night, Berkshire said it paid about $391 million for nearly 6.7 million Occidental shares between Aug. 4 and Aug. 8.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-512997","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/512997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=512997"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/512997\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=512997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=512997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=512997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}