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Forget Occidental Petroleum: 2 Better Oil Stocks to Buy Now

By Jason Hall and Tyler Crowe – Mar 9, 2024 at 10:30AM EST

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 2.25%): Unit (UNTC +0.38%) and Devon Energy (DVN 3.16%).

*Stock prices used were from the afternoon of March 5, 2024. The video was published on March 9, 2024.

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About the Author

Jason Hall
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.
TMFVelvetHammer
X@thesmattering

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.

Stocks Mentioned

Occidental Petroleum Stock Quote

Occidental Petroleum

NYSE: OXY
$43.33 (0.02%) $0.99
Devon Energy Stock Quote

Devon Energy

NYSE: DVN
$36.72 (0.03%) $1.20
Unit Stock Quote

Unit

OTC: UNTC
$31.31 (+0.00%) $+0.12

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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