Warren Buffett discussed the difference between share price and business value concerning Phillips 66.
1 report, 1 independent
Updated Aug 10
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What happened
Warren Buffett discussed the difference between share price and business value concerning Phillips 66.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A company undergoes a CEO shakeup, appointing an interim CEO and involving Wouter van Kempen, concurrent with the acquisition of DCP Midstream in 2023.Sub-event
Buffett applied his valuation principles to Phillips 66.1 source
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The entities involved
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Phillips 66
American energy and logistics company
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Warren Buffett
American investor, entrepreneur and businessman
Related events
- Buffett's essay discusses how share prices don't reflect business value, specifically mentioning Gentherm Incorporated.
- Warren Buffett published an essay discussing the principles of share price valuation.
- Trump pledged to unleash American oil and gas, while also discussing share price versus business value with Paylocity and Warren Buffett.
- Warren Buffett's investment strategy is contrasted with General Motors' current valuation.
- Warren Buffett advised against high costs related to Berkshire Hathaway.
Coverage
Newest first; wire copies grouped- Simply Wall St.Investing in Phillips 66 (NYSE:PSX) five years ago would have delivered you a 130% gain The simplest way to invest in stocks is to buy exchange traded funds. But in our experience, buying the right s