Berkshire completely sold its stake in ConocoPhillips by the end of 2014. Current Energy Strategy (2026)
Following the 2008 financial crisis and the collapse of oil prices, Berkshire Hathaway recorded a write-down of roughly $1.5 billion on the investment. buffett buys conocophillips
Historically, Buffett has described his previous large investment in ConocoPhillips as a . Key Historical Context Berkshire completely sold its stake in ConocoPhillips by
Buffett aggressively bought ConocoPhillips stock in 2008 when oil prices were near their peak ($145/barrel). derivatives - CBC
Buffett takes a $1.5B loss on ConocoPhillips, derivatives - CBC