Is Occidental Petroleum (OXY) The Best Energy Stock to Buy Now?

1 hour ago 1

Fahad Saleem

Sat, March 21, 2026 astatine 10:21 AM CDT 1 min read

We conscionable covered the 10 Best Stocks to Buy Now According to Warren Buffett. Occidental Petroleum Corp (NYSE:OXY) ranks #7  (see the 5 champion stocks to bargain present here).

Berkshire owns astir 29% of OXY and bought its chemicals concern for $9.7 billion. This provides a beardown ballot of assurance for the institution and strengthens the semipermanent bull lawsuit for the stock. But beyond the Berkshire angle, wherefore should 1 bargain Occidental Petroleum Corp (NYSE:OXY) stock?

Occidental Petroleum Corp (NYSE:OXY) is rapidly transitioning distant from a accepted lipid shaper to a carbon-removal giant. Its Direct Air Capture (DAC) facility, STRATOS, is acceptable to commencement operations this year. The institution already has high-margin c removal recognition deals with large firms similar Microsoft and BlackRock. Occidental Petroleum Corp (NYSE:OXY) tin nutrient net-zero lipid with higher nett margins and little diminution rates than its competitors. This provides it with a unsocial hedge against the planetary vigor transition.

Mott Capital Management successful their capitalist missive explained successful item wherefore they decided to bargain OXY shares successful 2026. Read the missive here.

While we admit the imaginable of OXY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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