Buffett Stock Portfolio: Top 10 Stock Picks for 2025

5. Chevron Corporation (NYSE:CVX)

Stake Value as of Q1 2025: $19,842,356,232

Chevron Corporation (NYSE:CVX) is among the Buffett Stock Portfolio: Top 10 Stock Picks for 2025. The oil major is seeking buyers for 50% of its stake in Singapore Refining Company (SRC), sources familiar with the matter told Reuters on Thursday.

The company is also gauging interest for the divestiture of other assets in Asia, according to the report. These include the terminal and fuel storage facilities in the Philippines and Australia. Chevron Corporation (NYSE:CVX) has appointed Morgan Stanley to explore the sales of Asian assets, including the SRC, one of the sources said.

The move comes amid Chevron Corporation (NYSE:CVX)’s global restructuring measures aimed at reducing costs and streamlining operations, which could result in about 20% of its workforce getting laid off by the end of next year.

In other news this week, the oil giant has acquired about 125,000 acres on lease in northeast Texas and southwest Arkansas, marking its entry into domestic lithium production. On Tuesday, Chevron Corporation (NYSE:CVX) and Exxon Mobil successfully bid for exploration rights in Brazil’s Foz do Amazonas basin.