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Oxy is a great business, but these two smaller peers are much better buys right now.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe share two smaller oil stocks that investors should consider before buying Occidental Petroleum (OXY -5.18%): Unit (UNTC -1.33%) and Devon Energy (DVN -5.28%).
*Stock prices used were from the afternoon of March 5, 2024. The video was published on March 9, 2024.
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has positions in Unit. The Motley Fool recommends Occidental Petroleum. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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