Better Than Buffett: 3 Oil Stocks to Buy Instead of Occidental Petroleum

By Jason Hall and Tyler Crowe – Aug 31, 2024 at 8:00AM EST

NYSE: OXY

Occidental Petroleum

Market Cap

$39B

Today's Change

(-0.38%) $0.15

Current Price

$39.85

Price as of December 26, 2025 at 4:00 PM ET

Valuation, diversification, and other factors that make these three better stocks.

In this video, Motley Fool contributors Jason Hall and Tyler Crowe make the case for Marathon Petroleum Corporation (MPC 1.23%), TotalEnergies (TTE +0.00%), and Devon Energy (DVN 1.46%) as better oil stocks to buy right now than Occidental Petroleum (OXY 0.38%).

*Stock prices used were from the morning of Aug. 29, 2024. The video was published on Aug. 30, 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.

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@thesmattering

Stocks Mentioned

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

Better Than Buffett: 3 Oil Stocks to Buy Instead of Occidental Petroleum

NYSE: OXY

Occidental Petroleum

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About the Author

Stocks Mentioned

Occidental Petroleum

Devon Energy

Marathon Petroleum

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