Berkshire's Energy Holdings Are Worth More Than Most Stand-Alone Utilities. Here's the Math.
Comparing this relatively small part of Berkshire's business to its publicly traded counterparts illustrates just how enormous the conglomerate has become.
Overview
Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) manages a portfolio of hand-picked stocks. You might even keep tabs on these holdings -- and how they change -- in an effort to poach a few ideas for yourself.
What many investors might often forget is that Berkshire's stock holdings are only part of what this company is -- and does. It is first and foremost a conglomerate consisting of several dozen businesses including fast-food chain Dairy Queen, Shaw flooring, Duracell batteries, Fruit of the Loom, GEICO insurance, Pilot travel centers, and more. These wholly owned privatized companies are on pace to contribute nearly $50 billion in net operating earnings this year alone.
Details
And a big chunk of these profits comes from its energy holdings -- the utility company Berkshire Hathaway Energy in particular.
Source
Originally published at www.fool.com.