How has XOM done since Buffett sold it?
Since 1985, Exxon has had several two-for-one splits: Sept., 15, 1987; again a decade later on April 14, 1997; and most recently on July 19, 2001. Hence, that original purchase would now consist of 31,165,680 shares. That assumes dividends were not reinvested. If they were, it would be a considerably higher amount. (Hmmm, what is that Bloomberg function to calculate dividend reinvestment?)
Regardless, not counting dividends, that original ~$173 million dollar purchase would be worth about $3 billion today. That’s a back of the envelope return of 1,946 percent. And while a 44 percent return is good, a 1,946 percent is better.