A historic economic comeback is sending some of the world's biggest investors bargain hunting in the unloved energy sector.
Warren Buffett's Berkshire Hathaway bought more than 48 million Chevron shares, worth $4.1 billion, last quarter, marking the oil name the conglomerate's 10th biggest equity holding. Meanwhile, three energy companies — Energy Transfer, Occidental Petroleum and PG&E— made it into David Tepper's top 12 holdings by the end of 2020, worth more than $800 million combined.
Source: cnbc.com