Berkshire Hathaway
bought almost 6 million shares of
Western Petroleum
in recent days, raising its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filing Tuesday night.
The purchases, which occurred on Friday, Monday and Tuesday (today), were made at prices ranging from $59 to $62 per share and are Berkshire’s first purchases since the end of the third quarter. The value of the purchases amounts to about 360 million dollars.