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Better Buy: Occidental Petroleum or Devon Energy?

·3 min read

Occidental Petroleum (NYSE: OXY) and Devon Energy (NYSE: DVN) have been two of the best-performing energy stocks this year. Shares of Occidental Petroleum have more than doubled, while Devon's stock is up almost 50%; both have vastly outperformed the S&P 500 and other energy stocks. Occidental Petroleum reached a critical inflection point earlier this year.