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Better Energy Stock: Diamondback Energy vs. Occidental Petroleum
FANGDiamondback Energy(FANG) The Motley Fool·2024-12-26 10:13

Occidental Petroleum (OXY 0.58%) and Diamondback Energy (FANG 1.07%) are two of the leading producers in the prolific Permian Basin that runs through parts of Texas and New Mexico. That basin has almost single-handedly turned America into an oil-producing powerhouse. Given the significant resources still in that basin, the country could remain a leading oil producer for many years. The Permian Basin should fuel growth for these two leading energy stocks for years to come. Here's a closer look at which is th ...