Buffett Resumes Phillips 66 Stock Buys After Shares Slump: Chartby and
Warren Buffett’s Berkshire Hathaway Inc. resumed purchases of oil refiner Phillips 66 after a stock plunge, according to a regulatory filing late Monday. Buffett added about 825,000 shares from May 19 through May 23, all for less than $79. That compares with the closing price of $87.79 on April 28, the day before the company reported a decline in first-quarter earnings. The most he paid in recent months was $82.74 per share on Sept. 9.