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OXY - Occidental Petroleum: Investing For A Cleaner Tomorrow
Occidental Petroleum Corporation
Lately, Occidental Petroleum (OXY) has been receiving a lot of press because of a deal reached by management whereby the firm will acquire Anadarko Petroleum (APC) in what will be one of history's largest mergers in the oil and gas industry. This move has been particularly noteworthy because of the controversy over the price being paid by Occidental and because of the attractive terms offered to Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) in exchange for helping to finance the deal. While these items can and should be