Berkshire Hathaway Bolsters Chevron Position Following $9.7B OxyChem Deal
In its 2025 annual report, Berkshire Hathaway revealed it boosted its Chevron stake alongside energy plays, following its $9.7B acquisition of OxyChem. The increase taps into Berkshire’s $381.7B cash reserve and highlights institutional appetite for Chevron shares.
1. Chevron Stake Added by Berkshire
In its 2025 annual report, Berkshire Hathaway disclosed it had boosted its Chevron stake, marking a strategic addition to its energy holdings. The move follows Berkshire’s $9.7B acquisition of OxyChem and portfolio adjustments in other sectors.
2. Cash Reserve Supports Investment
Berkshire’s $381.7B cash hoard underpins its ability to make significant energy investments, with the Chevron addition representing part of this capital deployment strategy. The large cash buffer provides the firm with flexibility to capitalize on energy sector opportunities as interest rates remain elevated.