Warren Buffett Owns Chevron and Occidental. Should You Buy This Energy Giant Instead?

Group 1: Berkshire Hathaway's Energy Investments - Berkshire Hathaway has a dual portfolio in the energy sector, including publicly traded stocks and wholly owned companies [2][4] - Publicly traded investments include Chevron and Occidental Petroleum, indicating Buffett's value perception in oil and gas [4] - Berkshire Hathaway also owns utilities focused on cleaner energy, moving away from coal [5] Group 2: TotalEnergies Overview - TotalEnergies is a major integrated energy company based in France, competing with Chevron and has a favorable relationship with developing countries [7] - The company has diversified operations, including midstream and downstream businesses, which help stabilize its financial performance [8] - TotalEnergies is expanding its integrated power division, focusing on clean energy, with a 17% growth in 2024 [10] Group 3: Investment Opportunity - TotalEnergies offers a 6.7% dividend yield, making it an attractive investment option [5][11] - The company's commitment to clean energy contrasts with competitors like BP and Shell, reflecting a long-term investment strategy similar to Buffett's [12] - Investing in TotalEnergies allows exposure to two key themes present in Berkshire Hathaway's portfolio [11][13]