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Greg Abel took over for Warren Buffett at the start of 2026, managing the bulk of Berkshire's portfolio. Abel said there are nine stocks where Berkshire will exhibit limited trading activity.
Mitsubishi Corporation (MTSU:CA) Q3 2026 Earnings Call Prepared Remarks Transcript
Mitsubishi Corporation is still rated as a "Hold" based on my earnings preview and M&A analysis. MSBHF's recent acquisition enhances its scale in the global energy space, but this increases its exposure to cyclical resource-related businesses. I am not expecting major surprises with its upcoming 3QFY2025 results, considering indicators like exchange rate movements and commodity price changes.
The company will spend $5.2 billion in an equity purchases, and take on $2.33 billion in Aethon's debt. Mitsubishi said that the investment will strengthen the earnings base of the company's natural gas and LNG businesses.
The Japanese trading house agreed to acquire Aethon's shale gas assets for $5.2 billion, its biggest acquisition ever.
Japanese trading house Mitsubishi Corp said on Friday it would take over the U.S. shale production of Aethon Energy Management for $7.53 billion including debt.
DALLAS--(BUSINESS WIRE)--Aethon Energy Management LLC (“Aethon”) today announced the formation of a Global Strategic Alliance with Mitsubishi Corporation (“Mitsubishi”), establishing a framework for collaboration on future commercial opportunities across energy transition and next-generation infrastructure projects on a global basis. The Global Strategic Alliance is intended to provide a platform for the parties to explore and evaluate potential projects in areas including liquefied natural gas.
Mitsubishi Corporation is deserving of a 'Hold' rating based on my evaluation of its results and outlook. Its "Mineral Resources" segment has performed poorly due to coal price weakness; its 1HFY25 net profit came in 5% below consensus. But the firm has kept its full-year cash flow and earnings guide intact. This is reasonable considering that its Q2 divestments and investments are ahead of target.
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