Better Oil Stock: Occidental Petroleum vs. Energy Transfer
Occidental Petroleum (NYSE: OXY) and Energy Transfer (NYSE: ET) represent two different ways to profit from the growing demand for oil and natural gas. Occidental, better known as Oxy, is a leading upstream company with a much smaller midstream business. Energy Transfer, which operates as a master limited partnership (MLP), is a leading midstream company.
Oxy's stock has risen 34% year-to-date, while Energy Transfer's shares have risen 17%. Let's see why Oxy outperformed Energy Transfer -- and if it's still the better overall investment.
Image source: Getty Images.
Source Fool.com
Occidental Petroleum Corp. Aktie
52,55 €
-0,25 %
Mehr Buy- als Sell-Zahlen bei Occidental Petroleum Corp. zeigen ein leicht positives Sentiment.
Ein Kursziel von 54 € für Occidental Petroleum Corp. signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 52.55 €.
