0001193125-22-066054.txt : 20220304 0001193125-22-066054.hdr.sgml : 20220304 20220304160253 ACCESSION NUMBER: 0001193125-22-066054 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20220304 DATE AS OF CHANGE: 20220304 GROUP MEMBERS: BERKSHIRE HATHAWAY LIFE INSURANCE CO OF NEBRASKA GROUP MEMBERS: BERKSHIRE HATHAWAY SPECIALTY INSURANCE CO GROUP MEMBERS: BHG LIFE INSURANCE CO GROUP MEMBERS: COLUMBIA INSURANCE CO GROUP MEMBERS: GEICO CASUALTY CO GROUP MEMBERS: GEICO CORP GROUP MEMBERS: GEICO INDEMNITY CO GROUP MEMBERS: GOVERNMENT EMPLOYEES INSURANCE CO GROUP MEMBERS: MOUNT VERNON FIRE INSURANCE CO GROUP MEMBERS: NATIONAL FIRE & MARINE INSURANCE CO GROUP MEMBERS: NATIONAL INDEMNITY CO GROUP MEMBERS: U.S. INVESTMENT CORP GROUP MEMBERS: UNITED STATES LIABILITY INSURANCE CO GROUP MEMBERS: WARREN E. BUFFETT SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OCCIDENTAL PETROLEUM CORP /DE/ CENTRAL INDEX KEY: 0000797468 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 954035997 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-37605 FILM NUMBER: 22714000 BUSINESS ADDRESS: STREET 1: 5 GREENWAY PLAZA STREET 2: SUITE 110 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7132157000 MAIL ADDRESS: STREET 1: 5 GREENWAY PLAZA STREET 2: SUITE 110 CITY: HOUSTON STATE: TX ZIP: 77046 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BERKSHIRE HATHAWAY INC CENTRAL INDEX KEY: 0001067983 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 470813844 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3555 FARNAM STREET CITY: OMAHA STATE: NE ZIP: 68131 BUSINESS PHONE: 4023461400 MAIL ADDRESS: STREET 1: 3555 FARNAM STREET CITY: OMAHA STATE: NE ZIP: 68131 FORMER COMPANY: FORMER CONFORMED NAME: NBH INC DATE OF NAME CHANGE: 19980810 SC 13G 1 d317667dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No.    )*

 

 

OCCIDENTAL PETROLEUM CORPORATION

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

674599105

(CUSIP Number)

March 1, 2022

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1 (b)

 

Rule 13d-1 (c)

 

Rule 13d-1 (d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

 

 

 


CUSIP No. 674599105       13G       Page  2  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Warren E. Buffett

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States Citizen

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  113,670,025.81 shares of Common Stock (83,858,848.81 of which represent shares underlying the Berkshire Warrants   (as hereinafter defined))

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  113,670,025.81 shares of Common Stock (83,858,848.81 of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  113,670,025.81 shares of Common Stock (83,858,848.81 of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  11.2%

12  

  TYPE OF REPORTING PERSON

 

  IN


CUSIP No. 674599105       13G       Page  3  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Berkshire Hathaway Inc.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  113,670,025.81 shares of Common Stock (83,858,848.81 of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  113,670,025.81 shares of Common Stock (83,858,848.81 of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  113,670,025.81 shares of Common Stock (83,858,848.81 of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  11.2%

12  

  TYPE OF REPORTING PERSON

 

  HC, CO


CUSIP No. 674599105       13G       Page  4  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  National Indemnity Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  72,921,412.02 shares of Common Stock (67,380,585.02 of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  72,921,412.02 shares of Common Stock (67,380,585.02 of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  72,921,412.02 shares of Common Stock (67,380,585.02 of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  7.2%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  5  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Columbia Insurance Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  23,707,844.37 shares of Common Stock (10,608,144.37 of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  23,707,844.37 shares of Common Stock (10,608,144.37 of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  23,707,844.37 shares of Common Stock (10,608,144.37 of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  2.3%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  6  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  GEICO Corporation

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  38,910,505.84 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  38,910,505.84 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  38,910,505.84 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.8%

12  

  TYPE OF REPORTING PERSON

 

  HC, CO


CUSIP No. 674599105       13G       Page  7  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Government Employees Insurance Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  27,254,125.86 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  27,254,125.86 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  27,254,125.86 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  2.7%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  8  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  GEICO Casualty Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  3,270,495.10 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  3,270,495.10 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  3,270,495.10 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.3%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  9  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  U.S. Investment Corporation

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Pennsylvania

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  4,729,000 shares of Common Stock

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  4,729,000 shares of Common Stock

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  4,729,000 shares of Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.5%

12  

  TYPE OF REPORTING PERSON

 

  HC, CO


CUSIP No. 674599105       13G       Page  10  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Mount Vernon Fire Insurance Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Pennsylvania

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  2,364,500 shares of Common Stock

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  2,364,500 shares of Common Stock

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,364,500 shares of Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.2%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  11  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  United States Liability Insurance Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Pennsylvania

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  2,364,500 shares of Common Stock

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  2,364,500 shares of Common Stock

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,364,500 shares of Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.5%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  12  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  GEICO Indemnity Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  8,385,884.88 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  8,385,884.88 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  8,385,884.88 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.8%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  13  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Berkshire Hathaway Specialty Insurance Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  6,406,176.98 shares of Common Stock (1,677,176.98 of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  6,406,176.98 shares of Common Stock (1,677,176.98 of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  6,406,176.98 shares of Common Stock (1,677,176.98 of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.6%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  14  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  Berkshire Hathaway Life Insurance Company of Nebraska

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  3,830,745.56 shares of Common Stock (3,018,918.56 of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  3,830,745.56 shares of Common Stock (3,018,918.56 of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  3,830,745.56 shares of Common Stock (3,018,918.56 of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.4%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  15  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  National Fire & Marine Insurance Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  6,441,650 shares of Common Stock

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  6,441,650 shares of Common Stock

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  6,441,650 shares of Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.6%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 674599105       13G       Page  16  of 22 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  BHG Life Insurance Company

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  NONE

   6  

  SHARED VOTING POWER

 

  5,870,119.42 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

   7  

  SOLE DISPOSITIVE POWER

 

  NONE

   8  

  SHARED DISPOSITIVE POWER

 

  5,870,119.42 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  5,870,119.42 shares of Common Stock (all of which represent shares underlying the Berkshire Warrants)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

  Not Applicable.

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.6%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


      SCHEDULE 13G       Page  17  of 22 Pages

 

The shares of Common Stock of Occidental Petroleum Corporation (“Occidental”) reported in this Schedule 13G include warrants for an aggregate of 83,858,848.81 shares of Common Stock exercisable by certain of the Reporting Persons within 60 days (the “Berkshire Warrants”). All shares of Common Stock underlying the Berkshire Warrants are treated as outstanding for purposes of computing the percentage ownership of each of the Reporting Persons reported in this Schedule 13G. The Berkshire Warrants were issued on August 8, 2019 initially for 80,000,000 million shares of Common Stock at an exercise price of $62.50 per share, but on June 26, 2020, Occidental’s Board of Directors declared a distribution to its common shareholders of warrants to purchase additional shares of Common Stock, which distribution resulted in an anti-dilution adjustment to the Berkshire Warrants that lowered the exercise price to $59.624 per share and increased the number of shares of Common Stock issuable on exercise of the Berkshire Warrants to 83,858,848.81. The Berkshire Warrants have not been exercised.

Item 1.

(a)    Name of Issuer

Occidental Petroleum Corporation

(b)    Address of Issuer’s Principal Executive Offices

5 Greenway Plaza, Houston, TX 77046

Item 2(a). Name of Person Filing:

Item 2(b). Address of Principal Business Office:

Item 2(c). Citizenship:

 

Warren E. Buffett

3555 Farnam Street

Omaha, Nebraska 68131

United States citizen

  

Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Delaware

National Indemnity Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska

  

GEICO Corporation

One GEICO Plaza

Washington, DC 20076

Delaware

BHG Life Insurance Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska

  

Government Employees Insurance Company

One GEICO Plaza

Washington, DC 20076

Nebraska

Columbia Insurance Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska

  

National Fire & Marine Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska corporation

GEICO Casualty Company

One GEICO Plaza

Washington, DC 20076

Nebraska

  

Berkshire Hathaway Life Insurance Company of Nebraska

1314 Douglas Street

Omaha, NE 68102

Nebraska corporation


            Page  18  of 22 Pages

 

United States Liability Insurance Company

190 South Warner Road

Wayne, PA 19087

Pennsylvania

 

U.S. Investment Corporation

190 South Warner Road

Wayne, PA 19087

Pennsylvania

 

Mount Vernon Fire Insurance Company

190 South Warner Road

Wayne, PA 19087

Pennsylvania

  

Berkshire Hathaway Specialty Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska

 

GEICO Indemnity Company

5260 Western Ave.

Chevy Chase, MD 20815

Nebraska


            Page  19  of 22 Pages

 

(d) Title of Class of Securities

Common Stock

(e) CUSIP Number

674599105

Item 3. If this statement is filed pursuant to § 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.), Berkshire Hathaway Inc., GEICO Corporation, and U.S. Investment Corporation are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company, Columbia Insurance Company, Government Employees Insurance Company, Mount Vernon Insurance Company, United States Liability Insurance Company, GEICO Indemnity Company, Berkshire Hathaway Specialty Insurance Company, Berkshire Hathaway Life Insurance Company of Nebraska, National Fire & Marine Insurance Company, GEICO Casualty Company, and BHG Life Insurance Company are each an Insurance Company as defined in section 3(a)(19) of the Act. The Reporting Persons together are a group in accordance with § 240.13d-1(b)(i)(ii)(K).

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned

See the Cover Pages for each of the Reporting Persons.

(b) Percent of class

See the Cover Pages for each of the Reporting Persons.

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote

(ii) shared power to vote or to direct the vote

(iii) sole power to dispose or to direct the disposition of

(iv) shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons.

This Schedule 13G reports beneficial ownership as of March 1, 2022.


            Page  20  of 22 Pages

 

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

See Exhibit A.

Item 8. Identification and Classification of Members of the Group.

Not Applicable.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.


            Page  21  of 22 Pages

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 4th day of March, 2022

 

/s/ Warren E. Buffett

Warren E. Buffett
BERKSHIRE HATHAWAY INC.
By:  

/s/ Warren E. Buffett

  Warren E. Buffett
  Chairman of the Board


            Page  22  of 22 Pages

 

NATIONAL INDEMNITY COMPANY,

NATIONAL FIRE & MARINE

INSURANCE COMPANY, COLUMBIA

INSURANCE COMPANY, GEICO

CORPORATION, GOVERNMENT

EMPLOYEES INSURANCE

CORPORATION, U.S. INVESTMENT

CORPORATION, MOUNT VERNON

FIRE INSURANCE COMPANY, UNITED

STATES LIABILITY INSURANCE

COMPANY, GEICO INDEMNITY

COMPANY, BERKSHIRE SPECIALTY

INSURANCE COMPANY, BERKSHIRE

HATHAWAY LIFE INSURANCE

COMPANY OF NEBRASKA, GEICO

CASUALTY COMPANY AND BHG LIFE

INSURANCE COMPANY

By:  

/s/ WARREN E. BUFFETT

  Warren E. Buffett
  Attorney-in-Fact

 

EX-99.A 2 d317667dex99a.htm EX-99.A EX-99.A

SCHEDULE 13G

EXHIBIT A

RELEVANT SUBSIDIARIES AND MEMBERS OF FILING GROUP

PARENT HOLDING COMPANIES OR CONTROL PERSONS:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.)

Berkshire Hathaway Inc.

GEICO Corporation

U.S. Investment Corporation

INSURANCE COMPANIES AS DEFINED IN SECTION 3(a)(19) OF THE ACT:

National Indemnity Company

National Fire & Marine Insurance Company

Columbia Insurance Company

Government Employees Insurance Company

Mount Vernon Fire Insurance Company

United States Liability Insurance Company

GEICO Indemnity Company

GEICO Casualty Company

BHG Life Insurance Company

Berkshire Hathaway Specialty Insurance Company

Berkshire Hathaway Life Insurance Company of Nebraska

 

EX-99.B 3 d317667dex99b.htm EX-99.B EX-99.B

SCHEDULE 13G

EXHIBIT B

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

AND POWER OF ATTORNEY

The undersigned persons hereby agree that reports on Schedule 13G, and amendments thereto, with respect to the Common Stock of U.S. Bancorp may be filed in a single statement on behalf of each of such persons, and further, each of such persons designates Warren E. Buffett as its agent and Attorney-in-Fact for the purpose of executing any and all Schedule 13G filings required to be made by it with the Securities and Exchange Commission.

 

Dated: March 4, 2022      

/S/ Warren E. Buffett

      Warren E. Buffett
      Berkshire Hathaway Inc.
Dated: March 4, 2022      

/S/ Warren E. Buffett

      By: Warren E. Buffett
      Title: Chairman of the Board
      National Indemnity Company
Dated: March 4, 2022      

/S/ Marc D. Hamburg

      By: Marc D. Hamberg
      Title: Chairman of the Board
      National Fire & Marine Insurance Company
Dated: March 4, 2022      

/S/ Marc D. Hamburg

      By: Marc D. Hamberg
      Title: Chairman of the Board
      Columbia Insurance Company
Dated: March 4, 2022      

/S/ Marc D. Hamburg

      By: Marc D. Hamberg
      Title: Chairman of the Board
      GEICO Corporation
Dated: March 4, 2022      

/S/ Todd A. Combs

      By: Todd A. Combs
      Title: President
      Government Employees Insurance Company
Dated: March 4, 2022      

/S/ Todd A. Combs

      By: Todd A. Combs
      Title: President


   U.S. Investment Corporation
Dated: March 4, 2022   

/S/ Stephen J. Rivituso

   By: Stephen J. Rivituso
   Title: Vice President
   Mount Vernon Fire Insurance Company
Dated: March 4, 2022   

/S/ Stephen J. Rivituso

   By: Stephen J. Rivituso
   Title: Senior Vice President
   United States Liability Insurance Company
Dated: March 4, 2022   

/S/ Stephen J. Rivituso

   By: Stephen J. Rivituso
   Title: Senior Vice President
   GEICO Indemnity Company
Dated: March 4, 2022   

/S/ Todd A. Combs

   By: Todd A. Combs
   GEICO Indemnity Company
   GEICO Casualty Company
Dated: March 4, 2022   

/S/ Todd A. Combs

   By: Todd A. Combs
   Title: President
  

Berkshire Hathaway Specialty Insurance

Company

Dated: March 4, 2022   

/S/ Dale D. Geistkemper

   By: Dale D. Geistkemper
   Title: Treasurer
   BHG Life Insurance Company
Dated: March 4, 2022   

/S/ Dale G. Geistkemper

   By: Dale G. Geistkemper
   Title: Treasurer
   Berkshire Hathaway Life Insurance Company of Nebraska
Dated: March 4, 2022   

/S/ Dale D. Geistkemper

   By: Dale D. Geistkemper
   Title: Treasurer


   National Fire & Marine Insurance Company
Dated: March 4, 2022   

/S/ Dale D. Geistkemper

   By: Dale D. Geistkemper
   Title: Treasurer