Warren Buffett Bets $6 Billion on Energy

Combined, Berkshire Hathaway and Warren Buffett have invested a total of $6 billion in Phillips 66, Conoco Phillips, National Oilwell Varco and Exxon Mobil. When added together, these investments make up 8% of the total of Berkshire Hathaway’s portfolio. When combined, they make up the fifth biggest investment in the portfolio, where they trail the …

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TransAlta Partners With Warren Buffett’s Berkshire Hathaway

Berkshire Hathaway, owned and operated by billionaire investor Warren Buffett, is partnering with TransAlta Corp. to create new gas-fired power plants. The company TransAlta, based out of Calgary, and Berkshire, announced this past Friday that they have come to an agreement with Iowa-based MidAmerican Energy Holdings Corp., a subsidiary of Berkshire Hathaway. “It’s a unique …

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