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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: DTB ✶  😊 😞
Number: of 21944 
Subject: Re: Pabrai: Berkshire Oxy Investment
Date: 04/25/23 7:17 PM
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No. of Recommendations: 2
Here's Bloomberg with more reasons to be optimistic about oilco's concentrating on returning cash to investors rather than ploughing it back into production:

What emerges from the M&A will be Shale 4.0. It will be dominated by larger but slower companies like Exxon and its archrival Chevron. The end of the oil production boom isn't the end of the industry. It will just change personality: becoming more pliant to the profit motives of Wall Street. Indeed, less output growth means better returns for the stockholders of the shale companies. As tobacco proved years ago, reducing capital expenditures ' thereby freeing more cash for shareholders ' can be very profitable.

bloomberg.com - Higher oil prices means wall street s shale investments will finally pay off

dtb
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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