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Osaka Gas

Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

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TotalEnergies SE inked a deal to acquire Talos Energy Inc.&#39;s Low Carbon Solutions (TLCS) for $148 million. The amount includes purchase price of $125 million along with customary reimbursements, adjustments and retention of cash.

TotalEnergies Expands Carbon Capture And Joins e-Natural Gas Coalition With Industry Giants

Osaka Gas Co Ltd

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The current Berkshire Hathaway (NYSE:<a href="https://investorplace.com/stock-quotes/brk-a-stock-quote/">BRK-A</a>, NYSE:<a href="https://investorplace.com/stock-quotes/brk-b-stock-quote/">BRK-B</a>) equity portfolio is worth $326.2 billion as of Oct. 27. The portfolio has <a href="https://www.cnbc.com/berkshire-hathaway-portfolio/">55</a> Warren Buffett stocks, including two S&amp;P 500 ETFs.



The top 10 holdings account for 87% of its total, with Apple (NASDAQ:<a href="https://investorplace.com/stock-quotes/aapl-stock-quote/">AAPL</a>) its largest holding at 47.2%. Like every other stock over the past couple of months, Berkshire has gotten knocked lower. As a result, the stock is up just 7% year-to-date, 64 basis points lower than the index.&nbsp;



Over the past 10 years, Berkshire&rsquo;s stock has outperformed the index on <a href="https://www.berkshirehathaway.com/letters/2022ltr.pdf">seven occasions.</a> Further, Berkshire, which doesn&rsquo;t pay dividends, generated an average annual return of 14.2% over the past decade, 50 basis points higher than the index, whose return figures I got from the 2022 Berkshire shareholder letter, which includes dividends, so the beat is even more impressive.&nbsp;



I don&rsquo;t think there&rsquo;s any question the best of the Warren Buffett stocks is Berkshire itself.&nbsp;



However, if you don&rsquo;t want to own the world&rsquo;s greatest investment fund that charges zero fees, here are three Warren Buffett stocks to buy now.



<h2>Apple (AAPL)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/01/shutterstock_1446630212-300x169.png" alt="Close-up of Apple (AAPL) retail store Logo in Honolulu at the Ala Moana Center. Advertising the latest generation of the ipad, iphones, and ipods with a Retina display."><div>Source: Eric Broder Van Dyke / Shutterstock.com</div></div>


While there are other stocks in the Berkshire portfolio, there is no question that Apple represents the new guard, accounting for almost half the holding company&rsquo;s $326 billion in equity securities.&nbsp;



As WhaleWisdom.com points out, Buffett first started Acquiring Apple shares in Q1 2016. Berkshire&rsquo;s estimated average price paid is <a href="https://whalewisdom.com/filer/berkshire-hathaway-inc">$39.62,</a> so even with the fall off since July, Apple&rsquo;s share price is still up more than 34% year-to-date.



In a nod to Halloween and the launch of its M3 next-generation silicon chip, Apple will hold the online-only &ldquo;scary fast&rdquo; event on Oct. 30. As part of the event, Apple will also release a <a href="https://www.cnn.com/2023/10/29/tech/what-to-expect-from-apples-scary-fast-event/index.html">revamped version</a> of the iMac, the first update since it launched an iMac with Apple&rsquo;s own M1 chip in <a href="https://www.theverge.com/2023/10/22/23927184/apple-m3-imac-13-inch-macbook-pro-rumored-october-announcement">2021.</a> This chip is thought to be considerably faster.&nbsp;



As someone who uses a number of Apple products (iPhone, iPad, Air Pods), it would be nice if the M3 iMac were worth breaking open the piggy bank for. I guess we&rsquo;ll see.



In the meantime, Apple releases its earnings on Nov. 2. Investors will be watching very closely. Analysts are calling for earnings per share of <a href="https://www.tastylive.com/news-insights/Apple-Q4-Earnings-Preview-Can-it-Beat-Higher-Expectations">$1.39</a> in Q4 2023 from revenue of $89.31 billion. Both numbers are up from last quarter.&nbsp;



Whatever happens, Buffett&rsquo;s not going to be selling.



<h2>American Express (AXP)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/axp1600-300x169.jpg" alt="an American Express (AXP) credit card sticking out of someone's pocket"><div>Source: Shutterstock</div></div>


American Express (NYSE:<a href="https://investorplace.com/stock-quotes/axp-stock-quote/">AXP</a>) represents the old guard of Berkshire stocks. The company&rsquo;s owned Amex stock in one form or another since <a href="https://www.nytimes.com/1995/02/15/business/worldbusiness/IHT-buffett-quietly-amasses-10-stake-in-amex.html#:~:text=Berkshire%20Hathaway's%20initial%20investment%20of,Mr.">1991.</a> It is Berkshire&rsquo;s fourth-largest holding, accounting for 6.6% of its equity portfolio. The position represents a 20.8% ownership stake in the financial services company, making it by far <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/4962/000119312523073923/d326074ddef14a.htm#toc326074_52">Amex&rsquo;s largest shareholder.</a>



In August 1991, Buffett invested <a href="https://www.latimes.com/archives/la-xpm-1991-08-02-fi-325-story.html">$300 million</a> in preferred stock from the company. Berkshire&rsquo;s preferred investment came with a fixed 8.5% dividend. At the time, American Express&rsquo;s Shearson Lehman Bros. brokerage subsidiary was struggling, and its credit card business faced increased competition.&nbsp;



As Buffett has done many times since, he&rsquo;s put his stamp of approval on struggling businesses with iconic brands &mdash; for a price, of course.



&ldquo;Getting Buffett to come in with a relatively small investment is an attempt by Robinson to rebuild confidence,&rdquo; said E. Wilson Davis, an analyst at Gerard Klauer Mattison. &ldquo;It says: &lsquo;This shrewd, intelligent, nuts-and-bolts investor has confidence in American Express,&rsquo; &ldquo;the Los Angeles Times reported in 1991.&nbsp;



By the end of 1998, Berkshire owned 50.54 million shares of its stock at a cost of <a href="https://www.berkshirehathaway.com/letters/1998pdf.pdf">$1.47 billion,</a> or $29.09 a share. At the time, it was the company&rsquo;s largest holding by cost. Through splits, the share count has grown to 151.61 million.&nbsp;



While the shares haven&rsquo;t performed over the past five years &mdash; up 36.3% compared to 51.2% for the S&amp;P 500 &mdash; it gets <a href="https://www.berkshirehathaway.com/letters/2022ltr.pdf">$302 million</a> in dividends from Amex, which it reinvests in its various businesses.&nbsp;



It&rsquo;s long since paid for itself.



<h2>Mitsubishi (MSBHF)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/mitsubishi-1600-300x169.jpg" alt="Mitsubishi Motors Canadian headquarters in Mississauga, Ontario, Canada"><div>Source: JHVEPhoto / Shutterstock.com</div></div>


Mitsubishi (OTCMKTS:<a href="https://investorplace.com/stock-quotes/msbhf-stock-quote/">MSBHF</a>) is the largest holding of the five Japanese trading houses that Berkshire has invested in, accounting for 1.7% of the company&rsquo;s equity holdings.&nbsp;



In June, Berkshire confirmed it had added to its positions in each of the five companies. It now owns 8.3% of Mitsubishi Corp.



Nikkei Asia recently discussed how these trading companies &mdash; known as sogo shosha &mdash; have <a href="https://asia.nikkei.com/Opinion/Warren-Buffett-is-right-to-be-proud-of-Japan-s-trading-companies">evolved into holding companies</a> much like Berkshire Hathaway.&nbsp;



&ldquo;Since the 1990s, the sogo shosha have shifted from a focus on trading to directly owning and running businesses as equity holders of companies and projects, which indeed has made them more comparable to U.S.-based Berkshire Hathaway,&rdquo; Nikkei Asia contributor Mitsuru Claire Chino wrote on Oct. 2.&nbsp;



&ldquo;Today the groups have a huge global presence as strategic investors in projects and entities in a range of industries, including energy, minerals, chemicals and food. Each one is like a combined logistics provider, financier, investment firm and consulting company.&rdquo;



Chino writes that Mitsubishi has partnered with Tokyo Gas (OTCMKTS:<a href="https://investorplace.com/stock-quotes/tkgsy-stock-quote/">TKGSY</a>), Osaka Gas (OTCMKTS:<a href="https://investorplace.com/stock-quotes/osgsy-stock-quote/">OSGSY</a>), Toho Gas (OTCMKTS:<a href="https://investorplace.com/stock-quotes/thogf-stock-quote/">THOGF</a>) and Sempra (NYSE:<a href="https://investorplace.com/stock-quotes/sre-stock-quote/">SRE</a>) to develop an e-methane plant in the Gulf Coast. It will liquify the methane and export it to Japan.&nbsp;



Buffett&rsquo;s investment is another example of him applying the Berkshire stamp of approval on a company or sector.&nbsp;



On the date of publication, Will Ashworth did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"> Publishing Guidelines.</a>
<div>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2023/10/the-3-best-warren-buffett-stocks-to-buy-now-november-edition/">The 3 Best Warren Buffett Stocks to Buy Now: November Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

The 3 Best Warren Buffett Stocks to Buy Now: November Edition

AAPL

MSBHF

TotalEnergies SE&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) inked a deal to acquire&nbsp;Talos Energy Inc.&#8217;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TALO#NYSE">TALO</a>) Low Carbon Solutions (TLCS)&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/n37781368/talos-energy-announces-divestiture-of-talos-low-carbon-solutions-subsidiary-to-totalenergies" rel="noreferrer noopener">for $148 million</a>.



The amount includes a purchase price of $125 million, along with customary reimbursements, adjustments, and retention of cash.



The sale includes Talos&#8217;s entire carbon capture and sequestration (CCS) business, which comprises its three projects along the U.S. Gulf Coast: Bayou Bend CCS LLC, Harvest Bend CCS LLC and Coastal Bend CCS LLC.



The transaction was based on an effective date of January 1, 2024, and closed on March 18, 2024.



Talos President and Chief Executive Officer Timothy S. Duncan stated: &#8220;Strong market interest during our capital raise provided the strategic option to fully monetize the business to TotalEnergies, an established global leader in CCS development&#8230;.The transaction will further enable Talos to prioritize cash flow generation and optimal capital allocation in our core Upstream business.&#8221;



After the deal is completed, TotalEnergies will have a&nbsp;<a target="_blank" href="https://totalenergies.com/media/news/press-releases/united-states-totalenergies-acquires-talos-low-carbon-solutions-pioneer" rel="noreferrer noopener">25%&nbsp;</a>share in the Bayou Bend project, alongside&nbsp;Chevron Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) (50%, operator) and&nbsp;Equinor ASA&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) (25%).&nbsp;



Bayou Bend project is a CO2 storage project located along the Texas Gulf Coast, close to Total Energies&#8217; regional assets.&nbsp;



TotalEnergies will also own a 65% operated interest in the Harvest Bend (Louisiana) project and a 50% interest in the Coastal Bend (Texas) project.



TotalEnergies plans to divest its interest in Coastal Bend and Harvest Bend projects after closing, as they are located farther away from its other existing assets.



Apart from this, TotalEnergies plans to join seven major companies to create an international coalition supporting the development of production and&nbsp;<a target="_blank" href="https://totalenergies.com/media/news/press-releases/totalenergies-partners-major-international-companies-support-e-ng" rel="noreferrer noopener">use of e-natural gas (e-NG)</a>.



In particular, the company is partnering with&nbsp;ENGIE Brasil Energia SA&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/EGIEY#OTC">EGIEY</a>),&nbsp;Mitsubishi Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MTSUY#OTC">MTSUY</a>),&nbsp;Osaka Gas Co., Ltd&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/OSGSY#OTC">OSGSY</a>),&nbsp;Sempra Infrastructure,&nbsp;TES,&nbsp;Tokyo Gas Co., Ltd.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/TKGSY#OTC">TKGSY</a>), and&nbsp;Toho Gas Co., Ltd.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/THOGF#OTC">THOGF</a>) to establish the &#8220;e-NG Coalition&#8221;.



Stéphane Michel, President, Gas, Renewables &amp; Power at TotalEnergies, said, &#8220;As a major player in LNG and renewable electricity, and as e-NG pioneers thanks to our Live Oak project, it is important for us to contribute to the establishment of a global coalition for the development of e-NG.&#8221;



Price Action: TTE shares are flattish at $68.11 premarket on the last check Tuesday.&nbsp;

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Tuesday, March 19, 2024