Reported 1 day ago
Occidental Petroleum Corporation (NYSE:OXY) has been highlighted as one of the best undervalued energy stocks to invest in, featuring a forward P/E ratio of 12.58 and backing from 68 hedge funds. Key contributors to its growth include successful operations in the Permian Basin and strategic acquisitions like CrownRock. With expectations of over 15% production growth in 2025, OXY is well-positioned in the energy sector, which is currently trading at historical discounts, presenting investment opportunities.
Source: YAHOO