Buffett Adds to Deere & Exits Exxon

Berkshire Hathaway, run by CEO and Chairman Warren Buffett, sold off roughly $4 billion worth of Exxon Mobil shares during the fourth quarter of 2014. This move was obviously spurred by the major drop in oil prices that have damaged all energy company profits, with Exxon included. In total, Berkshire Hathaway sold off roughly 41,000,000 …

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How Falling Oil Prices Could Hurt & Help Warren Buffett

During the last time the price of oil fell below $50 a barrel, Warren Buffett certainly showed his guilt. At the time Buffett purchased shares of Conoco Phillips for billions of dollars while it was nearing its peak in 2008, then out of nowhere crude oil prices and the energy company shares fell in value …

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Biggest Berkshire Hathaway Threats this Year

Berkshire Hathaway, founded by Warren Buffett, is currently sitting at its all-time high, and within intraday trading, the Class B shares have even traded higher than $152 per share. But will the large drop in oil prices have an effect on the Class A and Class B shares? After all, the Berkshire Hathaway portfolio currently …

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Buffett Cuts Oil Investments

The energy industry learned about the gloomy side of Warren Buffett during the second quarter of 2014. The billionaire investor, currently heading up the $200,000 per-share Berkshire Hathaway, sold off a large majority of his stake in ConocoPhillips, based out of Houston. He also sent back some of the shares of National Oilwell Varco and …

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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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Warren Buffett Buys Plenty Of NOV In Fourth Quarter

During the fourth quarter, Warren Buffett and Berkshire Hathaway bought up quite a bit of stock in National Oilwell Varco Inc., the Houston oil and gas giant. They held steady in their other two Houston-based companies. Berkshire Hathaway, based out of Omaha Nebraska, chose not to touch Conoco Phillips, a Houston oil and gas exploration …

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Copy Warren Buffett’s Latest Investment Moves

The one thing I can say for certain about Warren Buffett is that he typically gets his investments right. And if you were paying attention, you would’ve noticed that he just made a new decision which has him picking up shares of National Oilwell Varco. Berkshire Hathaway recently added 2.8 million shares of this company …

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The Reason Warren Buffett Bought National Oilwell Varco

Warren Buffett recently added National Oilwell Varco to Berkshire Hathaway’s portfolio. This company is part of the oil and gas industry, and they have many different products and services that support this business. Some of the things they do include downhole solutions, corrosion and tubular control, handling and lifting, industrial work, production work, supply chain, …

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