How much did Berkshire Hathaway sell in Chevron shares, and what was the impact on its ownership stake?

Berkshire Hathaway sold about $8 billion worth of Chevron Corp. shares in the first quarter, reducing its position by about a third and leaving it with a 4.2% stake.

At what average price did Berkshire Hathaway sell its most recent tranche of Chevron shares, and when did Chevron’s stock hit a record high?

The most recent sale occurred at a volume-weighted average price of $182.59 a share, and Chevron stock touched a record high in March after US and Israeli forces attacked Iran and sent oil prices soaring.

Berkshire Hathaway Sells $8 Billion of Chevron Shares Amid Price Surge

May 15, 2026

Berkshire Hathaway reduced its Chevron stake by one-third, selling $8 billion in shares during Q1 as oil prices reached record highs amid geopolitical tensions.

bloomberg

2026-05-02

Berkshire Hathaway operating profit rises, cash sets record

2026-05-15

Berkshire Hathaway Sells $8 Billion of Chevron Shares Amid Price Surge

2026-06-29

Occidental's New CEO Tested by Debt, Lagging Stock Price and Big Dividend Payments to Berkshire

2026-08-06

Occidental sees flat spending, output in 2027, keeps focus on debt reduction

Berkshire Hathaway Sells $8 Billion of Chevron Shares Amid Price Surge

FAQ