5 Warren Buffett Stocks Other Billionaires Are Loading Up On

4. Occidental Petroleum Corporation (NYSE:OXY)

Number of Billionaire Investors in Q1 2023: 10

Occidental Petroleum Corporation (NYSE:OXY) is an energy company based in Houston, Texas. The firm was set up in 1920 and it has operations all over the world in regions such as Africa, Asia, and the U.S. It extracts petroleum products and also transports them through its midstream network.

81 of the 943 hedge funds profiled by Insider Monkey had bought a stake in the firm as of March 2023. Apart from Mr. Buffett, a large Occidental Petroleum Corporation (NYSE:OXY) investor is Prem Watsa’s Fairfax Financial Holdings with a $189 million stake.

Follow Occidental Petroleum Corp (NYSE:OXY)