Is Occidental Petroleum Stock Worth The Risk?

Is Occidental Petroleum Stock Worth The Risk?

The shares of Occidental Petroleum (NYSE: OXY) currently trade at 20% below pre-Covid levels as observed in January 2020 while the shares of its competitor Exxon Mobil (NYSE: XOM) remain 5% lower. Does that make OXY stock a better pick over XOM? Occidental Petroleum is an independent exploration…