Warren Buffett owns Chevron but recommends high-yield energy stocks Enbridge, Brookfield Renewable, and Enterprise Products Partners

From Yahoo Finance: 2025-06-16 08:06:00

Warren Buffett’s Berkshire Hathaway owns 118.6 million Chevron shares worth $17.1 billion, making it the fifth largest holding. Chevron’s high-yielding dividend provides over $800 million annually. Enbridge, Brookfield Renewable, and Enterprise Products Partners offer better high-yield energy stocks, backed by reliable cash flows and growth potential. Reuben Gregg Brewer highlights Enbridge’s diversified energy exposure and consistent dividend growth over 30 years. Enbridge’s focus on shifting to cleaner energy ensures long-term sustainability.

Brookfield Renewable, favored by Matt DiLallo, offers a 4.7% yield like Chevron but excels in clean energy solutions. With a vast global portfolio in renewable energy and sustainable technologies, Brookfield maintains stable cash flows and aims for over 10% annual growth in funds from operations through 2034. Its cash flow stability and growth prospects outshine Chevron.

Enterprise Products Partners, recommended by Neha Chamaria, stands out for its strong management, financial stability, and consistent dividend growth over 26 years. With over 50,000 miles of pipelines, Enterprise Products ensures operational efficiency and stable cash flows. The company’s focus on major projects and a 6.7% yield make it a solid long-term investment. Consider diversifying your portfolio with these high-yield energy stocks for consistent returns.

Read more: Warren Buffett Owns Chevron. You Should Buy These 3 High-Yield Energy Stocks Instead.