Energy Comprises 9.9% of Buffett's Portfolio: 2 Stocks to Watch

The Oracle of Omaha and his team have demonstrated a strong preference for oil and energy stocks, as evidenced by the fact that 9.9% of Berkshire Hathaway's total portfolio value is invested in two major energy companies — Chevron Corporation (CVX) and Occidental Petroleum Corporation (OXY) . According to data from Stockcircle, Berkshire Hathaway's current total portfolio value stands at $361 billion.This significant investment in energy stocks underscores the belief that the demand for fossil fuels will li ...