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With Third Point successfully convincing Murphy Oil (MUR) to spin off its U.S. retail business,...
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Wednesday, October 17, 2012, 5:18 PM ETWith Third Point successfully convincing Murphy Oil (MUR) to spin off its U.S. retail business, Deutsche Bank analyst Paul Sankey thinks Occidental Petroleum (OXY) and Hess (HES) likely will be next, since "in both cases, investors have major questions over strategy and execution, and both are trading below NAV.” ConocoPhillips (COP) is viewed as a sleeper pick. (also)
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