Warren Buffett Loves Occidental Petroleum -- Here Are 3 More Oil Stocks He Should Consider
By now, it's no secret that Warren Buffett loves Occidental Petroleum (NYSE: OXY). The integrated energy company's common stock was a new addition to the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio in its most recent 13F filing, but it's already a top-10 holding, making up about 2% of the conglomerate's stock holdings. And Buffett has been buying shares hand over fist since then, taking Berkshire's ownership stake of the energy company to almost 20%.
Let's take a look at what's going on here, then examine a few more oil stocks that Buffett should also consider adding to Berkshire's portfolio.
Image source: Getty Images.
Source Fool.com