BRK-B · 10-Q · 2026Q3 · Full report

OxyChem Acquisition Contribution

BERKSHIRE HATHAWAY INC · 2026-11-09 · Importance 53 · Surprise 60

Berkshire acquired OxyChem from Occidental Petroleum on January 2, 2026; OxyChem produces basic chemicals. OxyChem generated $1.3 billion of Q3 revenue and $3.9 billion in the first nine months of 2026, with pre-tax earnings of $71 million and $192 million, respectively. OxyChem earnings included incremental depreciation and amortization from acquisition-accounting fair-value adjustments. The industrial products group’s year-to-date revenue increased $7.5 billion, with acquisitions among the primary drivers.

Key facts

• Berkshire Hathaway acquired OxyChem from Occidental Petroleum Corporation on January 2, 2026. source
• Berkshire acquired OxyChem on January 2, 2026, for approximately $9.4 billion. source
• OxyChem generated $1.3 billion of revenue and $71 million of pre-tax earnings in the third quarter of 2026, and $3.9 billion of revenue and $192 million of pre-tax earnings in the first nine months; earnings included incremental acquisition-accounting depreciation and amortization. source