OMAHA (AP) — Billionaire Warren Buffett's company has bought a nearly $60 million stake in ExxonMobil, and has cut holdings in oil rival ConocoPhillips. Berkshire Hathaway also nearly doubled its holdings in Wal-Mart Stores during …
Berkshire Hathaway, owned by billionaire Warren Buffett, sold 41 million shares in Exxon Mobil Corp. (XOM) in the fourth quarter of fiscal year 2014 amidst the global drop in oil prices. The original investment of the stock was made in …
It piqued it because the sale seems so out of character. ExxonMobil was added to Berkshire Hathaway’s (NYSE. BRK.a) investment portfolio in the third quarter of 2013. Berkshire paid $3.74 billion for 41.1 million ExxonMobil
Warren Buffett’s decision to dump his stake in Exxon Mobil Corp. after oil prices plunged is pointing investors toward smaller, more nimble producers that will deliver higher returns during a market recovery. Buffett’s Berkshire Hathaway
OMAHA, Nebraska (AP) — Warren Buffett's company disclosed a new stake of 40 million Exxon Mobil Corp. shares Thursday and revealed that it further cut its ConocoPhillips investment during the third quarter. Berkshire Hathaway
During the quarter ended Sept. 30, Berkshire Hathaway bought nearly 855,000 shares of Exxon Mobil. Its stake in ConocoPhillips was cut from more than 64 million shares at the end of June to more than 57 million shares, valued at …
While Exxon Mobil and Chevron are both charter members of the Big ... believe Chevron currently has the momentum and is a better investment than Exxon. Others, such as Berkshire Hathaway’s Warren Buffett, have put their money on …
Berkshire Hathaway ranks among the most valuable companies in the United States, alongside such names as Google, Microsoft and Exxon Mobil. It has consistently outperformed the S&P 500 over the course of four decades and …
Amid plunging oil prices in the fourth quarter of 2014, Warren Buffett's Berkshire Hathaway exited its positions in both Exxon Mobil and ConocoPhillips. Berkshire sold 41 million shares of Exxon worth more than $3.7 billion, according …
OMAHA, Nebraska (AP) — Billionaire Warren Buffett's company bought a nearly $60 million stake in Exxon Mobil Corp., and cut its holdings in oil rival ConocoPhillips during the third quarter. Berkshire Hathaway Inc. also significantly …