Warren Buffett's Berkshire Hathaway sells its stake in Suncor Energy
American billionaire investor and philanthropist Warren Buffett has sold the rest of his holdings in Suncor Energy Inc., according to filings with the U.S. Securities and Exchange Commission.
Billionaire's holding company sold 22.3 million shares in Suncor since June 30
American billionaire investor and philanthropist Warren Buffett has sold the rest of his holdings in Suncor Energy Inc.
According to filings with the U.S. Securities and Exchange Commission, Buffett's Berkshire Hathaway no longer holds any shares in the Canadian energy company.
- Cost-cutting helps Suncor turn surprising $392M profit in 3rd quarter
- Fort McKay First Nation to put $350M into Suncor oilsands tank farm
The quarterly regulatory filing lists his investments as of Sept. 30.
Berkshire Hathaway began selling its stake in Suncor earlier this year.
An earlier regulatory filing disclosed Berkshire Hathaway held about 22.3 million shares in Suncor at June 30.
That was down from 30 million shares in the oil and gas producer at the end of the first quarter.