Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) continued to build its positions in energy stocks Chevron (NYSE:CVX) and Occidental Petroleum (NYSE:OXY). It’s worth noting that Chevron is the third-largest holding by market value in Berkshire's investment portfolio. Chevron stock has rallied nearly 56% year-to-date, thanks to high oil prices due to supply disruption caused by the Russia-Ukraine war. Following such an impressive run, Wall Street analysts seem divided about CVX stock, with oil prices cooling down from the peak levels seen earlier this year. Buffett’s Berkshire Remains Bullish on Chevron Buffet’s Berkshire first purchased Chevron shares in Q3 2020. In the first quarter of 2022, Berkshire bought 120.
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Chevron (NYSE:CVX)
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Chevron (NYSE:CVX)
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