Buffett's Berkshire Hathaway Discloses Stake in Kinder Morgan
- Kinder Morgan shares jump in extended trading in New York
- Stake was 26.5 million shares as of Dec. 31, filing shows
Warren Buffet's Berkshire Invests in Kinder Morgan
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Warren Buffett’s Berkshire Hathaway Inc. added an investment in Kinder Morgan Inc. during the fourth quarter, snapping up shares of the pipeline operator as its market value plunged.
Berkshire held 26.5 million shares of the company as of Dec. 31, according to a regulatory filing Tuesday disclosing U.S. stock holdings. The stake was valued at $395.9 million at the end of 2015.