Warren Buffett’s Chevron Investment Highlights Dividend Strength in Volatile Oil Markets
Warren Buffett's Berkshire Hathaway holds a diversified portfolio of nearly 50 stocks, with Chevron (CVX) emerging as a standout high-yield dividend play. The energy giant's 4.4% yield quadruples the S&P 500 average, backed by an industrial-leading breakeven point of $30 per barrel.
Chevron's integrated model—combining upstream production with refining and chemical operations—generated $15 billion in free cash FLOW last year, comfortably covering its $11.8 billion dividend payout. The company's fortress balance sheet, with net leverage below 15%, provides rare stability in the cyclical energy sector.