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Re: biotech_researcher post# 18589

Sunday, 05/05/2019 4:20:38 PM

Sunday, May 05, 2019 4:20:38 PM

Post# of 29400
seems like it just makes OXY more of a one trick pony in a place where lease and operation costs are high while oil prices arent exactly rocking. If diversification in investment is still considered wise and better deals can be had elsewhere, then i dont see why this is such a smart move for OXY. Of course, smart or optimal might not have much to do with the matter. It looks a bit desperate to me and i suspect that's where the proximity of OXY's and APC's holdings is important.

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