We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Buffering Buffett

15 Apr 2020 By Lauren Silva Laughlin

The Sage of Omaha struck a clever deal with the shale driller by investing $10 bln through preferred shares. Now the oil price has halved, and on paper Occidental’s regular equity may be almost worthless. The true price of Buffett’s help is becoming clear.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)