[SCHEDULE 13G/A] Occidental Petroleum Corporation SEC Filing
Warren E. Buffett, Berkshire Hathaway and National Indemnity report a 32.7% economic interest in Occidental Petroleum (OXY). The filing shows each Reporting Person beneficially owns 348,853,373.38 shares of Occidental common stock, calculated to include warrants exercisable into an aggregate of 83,911,942.38 shares. The Berkshire warrants were originally issued in 2019 and adjusted multiple times: the exercise price lowered to $59.624 per share in 2020 and further adjusted to $59.586 per share with an increase to 83,911,942.38 underlying shares as of July 17, 2025. The filing reports no sole voting or dispositive power and lists only shared voting and dispositive power for the reported holdings.
Warren E. Buffett, Berkshire Hathaway e National Indemnity dichiarano un interesse economico del 32,7% in Occidental Petroleum (OXY). La comunicazione indica che ciascuna delle Persone che riportano la partecipazione detiene beneficiariamente 348.853.373,38 azioni ordinarie di Occidental, calcolate includendo opzioni di esercizio convertibili in un totale di 83.911.942,38 azioni. Le warrant di Berkshire sono state emesse originariamente nel 2019 e aggiustate più volte: il prezzo di esercizio è stato abbassato a 59,624$ per azione nel 2020 e ulteriormente aggiustato a 59,586$ per azione con un incremento a 83.911.942,38 azioni sottostanti al 17 luglio 2025. La comunicazione riporta nessun potere di voto o dispositivazione esclusivo e indica solo poteri di voto e dispositivi condivisi per le partecipazioni dichiarate.
Warren E. Buffett, Berkshire Hathaway y National Indemnity informan un interés económico del 32,7% en Occidental Petroleum (OXY). El informe muestra que cada Persona Informante posee beneficiariamente 348.853.373,38 acciones ordinarias de Occidental, calculadas incluyendo garantÃas ejercitables en un total de 83.911.942,38 acciones. Las garantÃas de Berkshire se emitieron originalmente en 2019 y se ajustaron varias veces: el precio de ejercicio se redujo a 59,624$ por acción en 2020 y se ajustó de nuevo a 59,586$ por acción con un aumento a 83.911.942,38 acciones subyacentes a fecha del 17 de julio de 2025. El informe señala ningún poder de voto o dispositvo exclusivo y enumera únicamente poder de voto y dispositvo compartido respecto a las participaciones declaradas.
Warren E. Buffett, Berkshire Hathaway ë°� National IndemnityëŠ� Occidental Petroleum(OXY)ì—� 대í•� 32.7%ì� ê²½ì œì � ì§€ë¶„ì„ ë³´ê³ í–ˆìŠµë‹ˆë‹¤. ì œì¶œì„œë¥˜ì—� 따르ë©� ê°� ë³´ê³ ì¸ì€ 워런티를 í¬í•¨í•� ì´� 83,911,942.38ì£¼ì˜ í–‰ì‚¬ 가능한 워런트를 í¬í•¨í•˜ì—¬ 348,853,373.38ì£¼ì˜ Occidental 보통주를 실질ì � ë³´ìœ ë¡� ë³´ê³ í•˜ê³ ìžˆìŠµë‹ˆë‹¤. 버í¬ì…”ì˜ ì›ŒëŸ°íŠ¸ëŠ” 2019ë…„ì— ì²˜ìŒ ë°œí–‰ë˜ì—ˆê³� 여러 차례 ì¡°ì •ë˜ì—ˆìŠµë‹ˆë‹�: í–‰ì‚¬ê°€ê²©ì€ 2020ë…„ì— ì£¼ë‹¹ $59.624ë¡� ì¸í•˜ë˜ì—ˆê³�, 2025ë…� 7ì›� 17ì� 기준으로 기초 ì£¼ì‹ ìˆ˜ê°€ 83,911,942.38주로 ì¦ê°€í•˜ë©´ì„� í–‰ì‚¬ê°€ê²©ì€ ì£¼ë‹¹ $59.586ë¡� 추가 ì¡°ì •ë˜ì—ˆìŠµë‹ˆë‹�. ì œì¶œì„œë¥˜ëŠ� ë‹¨ë… ì˜ê²°ê¶� ë˜ëŠ” ì²˜ë¶„ê¶Œì´ ì—†ìŒì� ë³´ê³ í•˜ë©° ì‹ ê³ ë� ë³´ìœ ì§€ë¶„ì— ëŒ€í•� ê³µìœ ë� ì˜ê²°ê¶� ë°� 처분권만 ê¸°ìž¬í•˜ê³ ìžˆìŠµë‹ˆë‹¤.
Warren E. Buffett, Berkshire Hathaway et National Indemnity déclarent une participation économique de 32,7 % dans Occidental Petroleum (OXY). Le dépôt indique que chaque personne déclarant détient bénéficiairement 348 853 373,38 actions ordinaires Occidental, calculées en incluant des bons de souscription exerçables en un total de 83 911 942,38 actions. Les warrants de Berkshire ont été initialement émis en 2019 et ajustés à plusieurs reprises : le prix d'exercice a été abaissé à 59,624 $ par action en 2020 puis ajusté à 59,586 $ par action avec une augmentation à 83 911 942,38 actions sous-jacentes au 17 juillet 2025. Le dépôt indique aucun pouvoir de vote ou de disposition exclusif et ne mentionne que des pouvoirs de vote et de disposition partagés pour les participations déclarées.
Warren E. Buffett, Berkshire Hathaway und National Indemnity melden ein wirtschaftliches Interesse von 32,7 % an Occidental Petroleum (OXY). Die Meldung zeigt, dass jede meldende Person wirtschaftlich 348.853.373,38 Aktien der Occidental-Stammaktien besitzt, berechnet unter Einbeziehung von wandelbaren Warrants für insgesamt 83.911.942,38 Aktien. Die Berkshire-Warrants wurden ursprünglich 2019 ausgegeben und mehrmals angepasst: der Ausübungspreis wurde 2020 auf 59,624 $ je Aktie gesenkt und zum 17. Juli 2025 erneut auf 59,586 $ je Aktie angepasst, wobei die zugrunde liegenden Aktien auf 83.911.942,38 erhöht wurden. In der Meldung wird keine alleinige Stimm- oder Verfügungsmacht angegeben; für die gemeldeten Bestände werden nur gemeinsame Stimm- und Verfügungsmacht aufgeführt.
- Significant disclosed stake: Reporting Persons beneficially own 348,853,373.38 shares, representing 32.7% of common stock when warrants are included.
- Detailed warrant disclosure: The filing explains the Berkshire warrants, including anti-dilution adjustments and the increased underlying share count to 83,911,942.38 with an adjusted exercise price of $59.586.
- Warrants remain unexercised: The Berkshire warrants described in the filing have not been exercised, so the reported ownership includes potential, not currently issued, shares.
- No sole voting or dispositive power: Each Reporting Person reports 0.00 sole voting and dispositive power, indicating control is shared rather than held exclusively.
Insights
TL;DR: Berkshire and affiliates report a substantial 32.7% position in OXY, including sizable warrants that materially affect ownership calculations.
The filing documents that Warren E. Buffett, Berkshire Hathaway Inc. and National Indemnity Company collectively report beneficial ownership of 348,853,373.38 shares, representing 32.7% of Occidental's common stock when shares underlying warrants are treated as outstanding. Important factual points include that the reported position is solely shared voting and dispositive power, and that the Berkshire warrants (originally for 80,000,000 shares) were anti-dilution adjusted, most recently increasing to 83,911,942.38 shares with a reduced exercise price of $59.586 per share as of July 17, 2025. This filing is material because it discloses a large, concentrated stake and the presence of exercisable warrants that are included in ownership metrics.
TL;DR: Disclosure shows large shared ownership without sole control and documents warrant adjustments and unchanged exercise status.
The Schedule 13G/A confirms that the reported holdings are held in the ordinary course of business and not for the purpose of changing control, per the certification. All three Reporting Persons list 0.00 shares as sole voting or dispositive power and 348,853,373.38 shares as shared voting and dispositive power. The filing explicitly states the Berkshire warrants have not been exercised and provides the history of anti-dilution adjustments and the temporary exercise-price reduction offer communicated on March 3, 2025. For governance, the combination of large shared ownership and unexercised warrants is a key factual detail for assessing future voting outcomes, but this filing does not assert any change-of-control intent.
Warren E. Buffett, Berkshire Hathaway e National Indemnity dichiarano un interesse economico del 32,7% in Occidental Petroleum (OXY). La comunicazione indica che ciascuna delle Persone che riportano la partecipazione detiene beneficiariamente 348.853.373,38 azioni ordinarie di Occidental, calcolate includendo opzioni di esercizio convertibili in un totale di 83.911.942,38 azioni. Le warrant di Berkshire sono state emesse originariamente nel 2019 e aggiustate più volte: il prezzo di esercizio è stato abbassato a 59,624$ per azione nel 2020 e ulteriormente aggiustato a 59,586$ per azione con un incremento a 83.911.942,38 azioni sottostanti al 17 luglio 2025. La comunicazione riporta nessun potere di voto o dispositivazione esclusivo e indica solo poteri di voto e dispositivi condivisi per le partecipazioni dichiarate.
Warren E. Buffett, Berkshire Hathaway y National Indemnity informan un interés económico del 32,7% en Occidental Petroleum (OXY). El informe muestra que cada Persona Informante posee beneficiariamente 348.853.373,38 acciones ordinarias de Occidental, calculadas incluyendo garantÃas ejercitables en un total de 83.911.942,38 acciones. Las garantÃas de Berkshire se emitieron originalmente en 2019 y se ajustaron varias veces: el precio de ejercicio se redujo a 59,624$ por acción en 2020 y se ajustó de nuevo a 59,586$ por acción con un aumento a 83.911.942,38 acciones subyacentes a fecha del 17 de julio de 2025. El informe señala ningún poder de voto o dispositvo exclusivo y enumera únicamente poder de voto y dispositvo compartido respecto a las participaciones declaradas.
Warren E. Buffett, Berkshire Hathaway ë°� National IndemnityëŠ� Occidental Petroleum(OXY)ì—� 대í•� 32.7%ì� ê²½ì œì � ì§€ë¶„ì„ ë³´ê³ í–ˆìŠµë‹ˆë‹¤. ì œì¶œì„œë¥˜ì—� 따르ë©� ê°� ë³´ê³ ì¸ì€ 워런티를 í¬í•¨í•� ì´� 83,911,942.38ì£¼ì˜ í–‰ì‚¬ 가능한 워런트를 í¬í•¨í•˜ì—¬ 348,853,373.38ì£¼ì˜ Occidental 보통주를 실질ì � ë³´ìœ ë¡� ë³´ê³ í•˜ê³ ìžˆìŠµë‹ˆë‹¤. 버í¬ì…”ì˜ ì›ŒëŸ°íŠ¸ëŠ” 2019ë…„ì— ì²˜ìŒ ë°œí–‰ë˜ì—ˆê³� 여러 차례 ì¡°ì •ë˜ì—ˆìŠµë‹ˆë‹�: í–‰ì‚¬ê°€ê²©ì€ 2020ë…„ì— ì£¼ë‹¹ $59.624ë¡� ì¸í•˜ë˜ì—ˆê³�, 2025ë…� 7ì›� 17ì� 기준으로 기초 ì£¼ì‹ ìˆ˜ê°€ 83,911,942.38주로 ì¦ê°€í•˜ë©´ì„� í–‰ì‚¬ê°€ê²©ì€ ì£¼ë‹¹ $59.586ë¡� 추가 ì¡°ì •ë˜ì—ˆìŠµë‹ˆë‹�. ì œì¶œì„œë¥˜ëŠ� ë‹¨ë… ì˜ê²°ê¶� ë˜ëŠ” ì²˜ë¶„ê¶Œì´ ì—†ìŒì� ë³´ê³ í•˜ë©° ì‹ ê³ ë� ë³´ìœ ì§€ë¶„ì— ëŒ€í•� ê³µìœ ë� ì˜ê²°ê¶� ë°� 처분권만 ê¸°ìž¬í•˜ê³ ìžˆìŠµë‹ˆë‹¤.
Warren E. Buffett, Berkshire Hathaway et National Indemnity déclarent une participation économique de 32,7 % dans Occidental Petroleum (OXY). Le dépôt indique que chaque personne déclarant détient bénéficiairement 348 853 373,38 actions ordinaires Occidental, calculées en incluant des bons de souscription exerçables en un total de 83 911 942,38 actions. Les warrants de Berkshire ont été initialement émis en 2019 et ajustés à plusieurs reprises : le prix d'exercice a été abaissé à 59,624 $ par action en 2020 puis ajusté à 59,586 $ par action avec une augmentation à 83 911 942,38 actions sous-jacentes au 17 juillet 2025. Le dépôt indique aucun pouvoir de vote ou de disposition exclusif et ne mentionne que des pouvoirs de vote et de disposition partagés pour les participations déclarées.
Warren E. Buffett, Berkshire Hathaway und National Indemnity melden ein wirtschaftliches Interesse von 32,7 % an Occidental Petroleum (OXY). Die Meldung zeigt, dass jede meldende Person wirtschaftlich 348.853.373,38 Aktien der Occidental-Stammaktien besitzt, berechnet unter Einbeziehung von wandelbaren Warrants für insgesamt 83.911.942,38 Aktien. Die Berkshire-Warrants wurden ursprünglich 2019 ausgegeben und mehrmals angepasst: der Ausübungspreis wurde 2020 auf 59,624 $ je Aktie gesenkt und zum 17. Juli 2025 erneut auf 59,586 $ je Aktie angepasst, wobei die zugrunde liegenden Aktien auf 83.911.942,38 erhöht wurden. In der Meldung wird keine alleinige Stimm- oder Verfügungsmacht angegeben; für die gemeldeten Bestände werden nur gemeinsame Stimm- und Verfügungsmacht aufgeführt.