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Warren Buffett Has Bought Shares of This Stock for 24 Consecutive Quarters -- and It's Not Occidental Petroleum

The Motley Fool
Summary
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79% Informative

Since the start of 2022 , Buffett has overseen the purchase of more than 255 million shares of Occidental Petroleum .

Despite being a selective buyer, Buffett is betting big on oil stocks.

The Oracle of Omaha can't stop buying shares of his own company on quarterly basis.

Berkshire Hathaway 's 45 -stock portfolio is tied up in oil stocks -- more specifically, Occidental and Chevron .

Berkshire Hathaway closed out June with a record $277 billion in cash, cash equivalents, and U.S. Treasuries .

The roughly $345 million in share repurchases executed during the second quarter increased Buffett 's cumulative buybacks of his own company's stock to nearly $78 billion over the last 24 quarters .

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https://www.fool.com/investing/2022/05/30/10-reasons-warren-buffett-is-a-successful-investor/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=31e3e15e-02d7-4d70-b3cf-92c0ac9219b7https://www.fool.com/author/1813/https://www.fool.com/legal/fool-disclosure-policy/https://www.fool.com/terms/f/form-13f/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=31e3e15e-02d7-4d70-b3cf-92c0ac9219b7https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cf544e59-4cb0-4b23-b0ee-68e5d84054ef&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010895%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D13885%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DBerkshire%2520Hathaway&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=31e3e15e-02d7-4d70-b3cf-92c0ac9219b7https://www.fool.com/investing/2024/08/26/warren-buffett-bought-shares-24-straight-quarters/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=31e3e15e-02d7-4d70-b3cf-92c0ac9219b7https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cf544e59-4cb0-4b23-b0ee-68e5d84054ef&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26amp%253Bsource%3Disaeditxt0010895%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D13885&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=31e3e15e-02d7-4d70-b3cf-92c0ac9219b7

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