In June, Berkshire's invested in energy stocks approximately more than 10% from its collective account.
In 2008, 9% of the investment of company assets, energy stocks have never compromise percentage of Berkshire Hathaway's portfolio
Buffett has a third-and-sixth-largest respective holdings in the case of Chevron and Occidental Petroleum and the market values of $25.6 billion and $12.1 billion, respectively.
Major energy companies worldwide have reduced their capital investments due to uncertainty.
Chevron and Occidental Petroleum have drilling operations that will get a huge advantage of higher commodity prices.
Midstream companies usually generate predictable cash flow due to the long-term fixed-fee contracts.
Chevron has a rock-solid balance sheet among oil majors, with a debt-to-equity ratio of less than 17%.