TOT - Occidental: Market Has Discounted The Error Buy With Both Hands

Occidental Petroleum (OXY) cannot catch a break. The rather contentious and expensive acquisition of Anadarko Petroleum (APC) has shareholders wishing that they had never heard of OXY in the first place. OXY's problems have been compounded by falling oil prices as the relative rationale of reaching out for an expensive acquisition seemed less and less logical to the market. The end result has been a stock price that mirrors what was seen at the depths of the financial crisis.

Data by YCharts

We covered this stock previously and left with the

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