Wednesday, February 28, 2018

Berkshire Hathaway Makes More Profit in the 4Q 2017 Than the Entire Oil & Gas Sector ....................................................................................... Berkshire Hathaway's 4Q 2017 Net Income was $32.656 Bil, 27% Higher Than All 30 US Oil & Gas Corporations With Stock Market Caps Above $10 Bil Combined 4Q 2017 Total Net Income of $25.792 Bil


Corp
Quarter
End
When US GAAP
Trump Net
Tax Income
Cuts (Loss)
US Oil & Gas Corporation State Act Dec 17
With Recent Stock Market Caps Above $10 Bil City Hqs HQs Signed Quarter
mils $
Exxon Mobil Irving TX Dec 17            8,409
Chevron San Ramon CA Dec 17            3,118
Schlumberger Ltd Houston TX Dec 17          (2,272)
ConocoPhillips Houston TX Dec 17            1,598
EOG Resources' Houston TX Dec 17            2,430
Occidental Petroleum Houston TX Dec 17               497
Phillips 66 Houston TX Dec 17            3,255
Halliburton Houston TX Dec 17             (806)
Valero Energy San Antonio TX Dec 17            2,400
Kinder Morgan Inc Houston TX Dec 17             (992)
Marathon Petroleum Findlay OH Dec 17            2,125
Anadarko Petroleum The Woodlands TX Dec 17            1,039
Pioneer Natural Resources Irving TX Dec 17               665
BakerHughes Houston TX Dec 17               (82)
Williams Companies Tulsa OK Dec 17            1,622
ONEOK Inc Tulsa OK Dec 17                 65
Concho Resources Midland TX Dec 17               267
Continental Resources Oklahoma City OK Dec 17               842
Devon Energy Oklahoma City OK Dec 17               304
Andeavor San Antonio TX Dec 17               908
Apache Houston TX Dec 17               518
Hess New York NY Dec 17          (2,635)
Marathon Oil Houston TX Dec 17               (28)
Cheniere Energy Houston TX Dec 17               280
National Oilwell Varco Houston TX Dec 17               (15)
Noble Energy Houston TX Dec 17               516
EQT Pittsburgh PA Dec 17            1,379
Diamondback Energy Midland TX Dec 17               130
Cabot Oil & Gas Houston TX Dec 17               (44)
Targa Resources Houston TX Dec 17               299
Total all 30 Oil & Gas Companies          25,792
Berkshire Hathaway Omaha NE Dec 17          32,656
….. % Higher in 4Q 2017 Net Income 27%