Wednesday, May 21, 2025

Berkshire Bolts on Another 3.5 Million Shares of Phillips 66

Warren Buffet looks to Phillips 66 Just eight days after the initial news that Warren Buffet’s Berkshire Hathaway Inc. (ticker: BRK.A) had invested $4.5 billion in Phillips 66, Buffet’s firm decided to purchase an additional 3.5 million shares of the company, bringing its total share in PSX to 11.4%. Berkshire’s stake in the company is now worth $4.96 billion, based