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Benzinga
Benzinga
Business
Henry Khederian

This Oil Company Has A Better 1-Year Return Than Tesla, Lucid, Apple, Amazon, Microsoft, Bitcoin And Ethereum

Occidental Petroleum Corporation (NYSE:OXY) is a global leader in hydrocarbon exploration, and over the past year, treated investors to eye-popping returns.

Since August 2021, Occidental stock’s 1-year return has outperformed several of the world’s most popular EV stocks and cryptocurrencies: Tesla Inc (NASDAQ:TSLA), Lucid Group Inc (NASDAQ:LCID), Apple Inc (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

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