皇冠现金网官网寻求亚洲战略合作伙伴,皇冠现金网官网代理招募中,皇冠现金网官网开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

Billionaire Warren Buffett's Berkshire edges closer to 20% Occidental stake

admin2022-10-1811

皇冠足球appwww.hg108.vip)是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。皇冠官网平台上登录线路最新、新2皇冠网址更新最快,皇冠体育APP开放皇冠会员注册、皇冠代理开户等业务。

Warren buffett arms open

Warren Buffett's (pic) Berkshire Hathaway Inc purchased another 1.94 million shares of Occidental Petroleum Corp, giving it an US$11.4 billion stake and putting it nearer a threshold where it could record some of the oil company's earnings with its own.

Berkshire's latest purchases from July 14 to July 18 cost $112 million, and gave Buffett's conglomerate a 19.4% stake in Occidental, or 181.7 million shares, regulatory filings show.

If it reached 20% ownership, Berkshire could report its proportionate share of Houston-based Occidental's earnings, through the so-called equity method of accounting, potentially adding billions of dollars to annual profit.

Analysts on average expect Occidental to post about $10.7 billion of net income this year, according to Refinitiv I/B/E/S.

Occidental shares closed up 4.6% at $62.82 on Tuesday. The share price has more than doubled this year, benefiting from rising oil prices following Russia's invasion of Ukraine.

,

新2手机管理端网址www.hg108.vip)实时更新发布最新最快最有效的新2手机管理端网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

Omaha, Nebraska-based Berkshire also has warrants to buy another 83.9 million Occidental shares for $5 billion.

It also owns $10 billion of Occidental preferred stock, which helped finance the 2019 purchase of Anadarko Petroleum and generates $800 million of annual dividends.

Berkshire uses the equity method of accounting for its 26.6% stake in packaged food company Kraft Heinz Co KHC.O, which it controls with Brazilian private equity firm 3G Capital.

Though some analysts and investors have speculated that Berkshire could eventually buy all of Occidental, Berkshire could contend that its accounting should remain unchanged because its stake is passive.

Berkshire also owns dozens of companies, including the BNSF railroad, Geico car insurance and several energy companies, and stocks including Apple Inc AAPL.O, Bank of America Corp BAC.N and another oil company, Chevron Corp - Reuters


转载说明:本文转载自Sunbet。

网友评论

2条评论
  • 2022-10-02 00:39:50

    欢迎进入环球UG官网(UG环球),环球UG官方网站:www.caibao.it开放环球UG网址访问、环球UG会员注册、环球UG代理申请、环球UG电脑客户端、环球UG手机版下载等业务。反正我跪了

热门标签