Warren Buffett’s Favourite Oil And Gas Company

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Rupert Hargreaves
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Oil and Gas Property Management, Inc. is one of the several companies that Warren Buffett profiled in the Commercial and Financial Chronicle’s The Security I Like Best column in the late 1950s. [buffett] Warren Buffett’s Favourite Oil And Gas Company Oil and Gas Property was organized to “manage producing oil and gas properties” by buying up these properties subject to substantial oil payments. According to Buffett, a large proportion of income from producing assets was used “in the early years to extinguish these payments.” He goes on to compare this method to “real estate purchase subject to large mortgages with…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk