NEW YORK ( TheStreet) -- At the end of my last energy-company-related article, I wrote the following: "Meanwhile, if you want to catch the next HES-style energy opportunity, our own Jim Cramer and Stephanie Link like Occidental Petroleum (OXY), which pays a delectable 3.28% current yield-to-price and trades at slightly more than 10 times forward (one-year) earnings."This is the kind of compelling investment theme that deserves our careful consideration. With a company like OXY, we have an opportunity to "catch a wave" before all the other stock "surfers" know the underlying potential of the "wave" and how rewarding a "ride" lies ahead. This is no April Fool's Day story and that's why I wanted to circle back to OXY and explain why I own it and want to buy more shares.
Occidental Petroleum's Stock Is on Sale -- But Not for Long
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