5 Best Undervalued Stocks to Buy Under $100

​4. Occidental Petroleum Corporation (NYSE:OXY)

Price: $59.34

Fwd P/E Ratio: 9.92

Number of Hedge Fund Holders: 67

​Occidental Petroleum Corporation (NYSE:OXY) is one of our Best Undervalued Stocks to Buy Under $100. The company currently trades at a forward price to earnings ratio of 9.92, below the sector average of 12.58. Occidental Petroleum Corporation (NYSE:OXY) recently posted FQ1 2026 earnings on May 5.

​During the quarter, the company posted $5.11 billion in revenue, down 25.34% year-over-year and below expectations by $556.23 million. The GAAP EPS of $3.13 also topped the consensus by $2.53. Management noted delivering 1.43 million BOE per day, ahead of the high end of the company’s guidance. This production came despite the lower international output from Middle East disruptions.

​Following the release on May 7, UBS lowered the firm’s price target on Occidental Petroleum Corporation (NYSE:OXY) from $67 to $65, while maintaining a Neutral rating on the shares. The firm noted that the company’s long-term philosophy is leading to free cash flow growth. During the quarter, the company generated approximately $1.7 billion before working capital, representing an increase of about 52% from continuing operations. This was driven by cost and operational efficiency, despite oil prices similar to those in 2025.

​Occidental Petroleum Corporation (NYSE:OXY) is an international energy company with assets primarily located in the United States, the Middle East, and North Africa. The company produces oil and gas in the United States, including operations in the Permian Basin, DJ Basin, and the offshore Gulf of Mexico.