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