Warren Buffett keeps adding to his bets on the oil industry
Berkshire owned about 26.53 million Kinder Morgan shares worth roughly $395.9 million at year end, according to a U.S. Securities and Exchange Commission filing detailing its U.S.-listed stock investments.
Kinder Morgan is a company headquartered in downtown Houston, Texas.[1] It is the largest energy infrastructure company in North America.
Kinder Morgan owns about 180 terminals that store and handle products such as gasoline, coal, and petroleum coke. Kinder Morgan's CO2 division provides carbon dioxide (CO2) for enhanced oil recovery projects in North America.] In 2014, a third of the natural gas that moved in the United States passed through a Kinder Morgan asset.