Buffett aggressively bought ConocoPhillips stock in 2008 when oil prices were near their peak ($145/barrel).
Historically, Buffett has described his previous large investment in ConocoPhillips as a . Key Historical Context buffett buys conocophillips
Berkshire completely sold its stake in ConocoPhillips by the end of 2014. Current Energy Strategy (2026) buffett buys conocophillips
Instead of ConocoPhillips, Berkshire Hathaway has shifted its focus to other major energy players: buffett buys conocophillips
Buffett takes a $1.5B loss on ConocoPhillips, derivatives - CBC
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.