Berkshire Hathaway's Chevron Stake
Warren Buffett's position in Chevron is currently worth $16 Billion. That's 4.69% of their equity portfolio (5th largest holding). The investor owns 5.89% of the outstanding Chevron stock. The first Chevron trade was made in Q4 2020. Since then Warren Buffett bought shares five more times and sold shares on six occasions. The stake costed the investor $13.8 Billion, netting the investor a gain of 16% so far.
News about Chevron Corp. and Warren Buffett
Warren Buffett-Led Berkshire Hathaway Keeps Selling Chevron Stock. Should You?
Chevron was one of several stocks Berkshire sold in Q3.
How Chevron CEO Mike Wirth Is Riding Oil’s Big Comeback
Chevron stock has performed well since Wirth took the reins in 2018, outperforming most of its peers. He’s won the endorsement of Warren Buffett.
Got $500? 1 Warren Buffett Stock to Buy Emphatically
The world will need oil for decades, and Chevron is well positioned to provide it while rewarding investors with dividends along the way.
Is Warren Buffetts Favorite Energy Stock Overhyped?
Over the past few years, Permian shale giantOccidental Corp.(NYSE:OXY) has become a darling of billionaire investors. Back in 2019, famous activist investor ...