TradingKey – Chevron (CVX) has been a fundamental investment for Warren Buffett via Berkshire Hathaway (BRKA) (BRKB) over the years. In his last quarter as CEO, Buffett increased his position in Chevron while he decreased other positions as a sign that he believed the energy giant continued to fit his strategy for long-term investing.

Given that oil prices are on the rise following conflict in the Middle East, investors want to know if Chevron makes sense as an investment through 2026; and to answer that question, as long as you are willing to buy shares for the right price and are willing to invest long-term, the case for Chevron will be supported by more than just the current spike in oil prices.