Buffett thinks Natural Gas is Cheap « V A L U E S E E K E R . N E T

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Buffett thinks Natural Gas is Cheap

July 25, 2006 by Eric Schleien

Several weeks ago, I wrote about how I believe natural gas is cheap. I still do. It’s also interesting to look at Berkshire Hathaway’s portfolio and see the company recently bought shares in Conoco Phillips. Conoco recently made a huge bet on natural gas, which I think should pay off. Conoco is also cheap as it haS an after-tax earnings yield of around 15%.

Some other companies who have large exposures to natural gas are:
Chesapeake Energy (Which I own shares of) as well as XTO Energy.

Posted in Berkshire Hathaway, Commodities, Economy & Business, Everything, Investing, My Portfolio, Natural Gas, Oil, Personal, Security Analysis, Warren Buffett | 3 Comments

3 Responses

on July 28, 2006 at 2:50 am | Reply LB

what is your email address? i cannot find it anywhere…
on August 25, 2006 at 11:47 am | Reply Hank

so how many shrs has BH of COP? I have looked for BH portfolio cannot find! Thanks!!
on September 27, 2006 at 8:16 pm | Reply J.O. McCarthy

“Buffett thinks Natural Gas is Cheap
July 25th, 2006 ”

….wow, somone definitely made the bad call of the year there !