scorecardresearchWarren Buffett's company likely to keep buying shares of this petroleum company

Warren Buffett's company likely to keep buying shares of this petroleum company

Updated: 23 Aug 2022, 08:05 AM IST
TL;DR.
Shares of the of the oil producer soared nearly 12% Friday after the Federal Energy Regulatory Commission revealed that it had approved Berkshire's request to buy up to 50% of the Houston company.
FILE PHOTO: Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska May 3, 2015. REUTERS/Rick Wilking/File Photo

FILE PHOTO: Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska May 3, 2015. REUTERS/Rick Wilking/File Photo