Why Berkshire Hathaway reduces stake in ConocoPhillips
Berkshire Hathaway has reduced its position in ConocoPhillips (COP). The position now accounts for 0.11% of the fund’s 2Q14 portfolio—down from 0.74% in 1Q14. ConocoPhillips is an independent exploration and production company.
Must-know: Chilton initiates a new position in Now Inc.
Now’s U.S. revenues fell due to the company’s central U.S. pipe yard relocation, reduced project revenues, and the implementation of a new quoting system.
How NOW’s Short Interest Compares
On May 23, short interest in NOW (DNOW) as a percentage of its float had risen 145% YoY (year-over-year) to 16.3% from 6.7%.
The Top 5 Oilfield Companies by Market Returns
In 2018, many OFS companies have had positive returns. In this series, we’ll analyze the top five companies by their stock market returns.
Why cash flow from investing activities is important
CFI mainly includes capital expenditures (or capex) that a company makes towards growing its business. It also includes a company’s asset acquisitions.
Why Berkshire Hathaway lowers stake in Graham Holdings
Berkshire Hathaway significantly lowered its position in Graham Holdings (GHC). The position now accounts for 0.07% of the fund’s 2Q14 portfolio—down from 1.15% in 1Q14. Graham Holdings is a diversified education and media company.