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OCCIDENTAL PETROLEUM STOCK ANALYSIS: Permian Basin King?

  • Writer: Ishfaaq Peerally
    Ishfaaq Peerally
  • May 18, 2019
  • 1 min read

Occidental Petroleum is in a bidding war with Chevron to acquire Anadarko Petroleum

If this acquisition goes through, Occidental Petroleum will become the largest oil producer in the Permian Basin, the richest oil region of the world

Warren Buffett and Carl Icahn are both backing Occidental in this bidding war

 
 
 

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