Berkshire Hathaway Energy
Berkshire Hathaway Energy earned $891 million in the second quarter of 2026.
The numbers
What it is
Berkshire Hathaway Energy runs regulated electric and gas utilities, electric transmission and natural gas pipelines. Returns are set largely by regulators, and the main risks are wildfire, grid and rate-case outcomes.
Why it matters to the stock. Utility earnings are steadier than insurance or stock gains, so they help smooth Berkshire's operating results.
News
Berkshire Q1 2026 operating earnings rise 18% to $11.3 billion; shares slip about 1% the next session
Berkshire reported first-quarter 2026 operating earnings of $11,346 million, up from $9,641 million a year earlier, led by insurance-underwriting, BNSF and BHE.
Oregon appeals court reverses the James v. PacifiCorp wildfire class verdict and sends it back
The Oregon Court of Appeals on April 8, 2026 reversed the class-action verdict against PacifiCorp, a Berkshire Hathaway Energy subsidiary, over the 2020 Oregon wildfires, and remanded the case.