Forget Occidental Petroleum: 2 Better Oil Stocks to Buy Now

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

NYSE: OXY

Occidental Petroleum

Market Cap

$55B

Today's Change

(2.11%) $1.29

Current Price

$62.50

Price as of May 31, 2024, 4:00 p.m. ET

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 2.11%): Unit (UNTC 0.29%) and Devon Energy (DVN 3.13%).

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

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.