February 18, 2015 / 3:48 PM / 3 years ago

BUZZ-Oil companies: Oil price falls

(Updates)

** U.S.-listed shares of oil and gas companies down as oil price fall towards $61 a barrel, failing to build on gains of more than 1 percent in the previous session

** Oil prices have risen more than 35 pct since hitting an almost six-year low of $45.19 in January

** Shares of Exxon Mobil Corp fall 1.6 pct, Cenovus Energy Inc 5.6 pct, Denbury Resources Inc 3.1 pct, EXCO Resources Inc 4.8 pct

** Warren Buffett’s Berkshire Hathaway Inc shed a $3.74 bln investment in Exxon Mobil and stake in ConocoPhillips ; Leon Cooperman’s Omega Advisors liquidated its entire 3.7 mln share investment in Denbury

** Cenovus said on Tuesday it would raise up to C$1.73 billion ($1.21 billion) through share sale

** Shares of PostRock Energy Corp fall 9.9 pct, Profire Energy Inc 7.4 pct, Baytex Energy Corp 3.6 pct

** Diamond Offshore Drilling Inc down 4.1 pct

** Breakingviews-Crude rout lays bare Big Oil’s opportunity deficit

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