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.
Historically, Buffett has described his previous large investment in ConocoPhillips as a . Key Historical Context buffett buys conocophillips
Instead of ConocoPhillips, Berkshire Hathaway has shifted its focus to other major energy players: Following the 2008 financial crisis and the collapse
As of April 2026, there are that Warren Buffett or Berkshire Hathaway are buying ConocoPhillips (COP) . buffett buys conocophillips
Buffett aggressively bought ConocoPhillips stock in 2008 when oil prices were near their peak ($145/barrel).