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Occidental Petroleum (OXY) could be worth $120/share by selling or spinning off its...

Occidental Petroleum (OXY) could be worth $120/share by selling or spinning off its international businesses, a prospect heightened by the imminent departure of 23-year leader Ray Irani, according to a Bloomberg analysis. OXY, also looking for a successor to CEO Stephen Chazen, may draw bidders for its non-U.S. operations from among Chevron (CVX), Shell (RDS.A) and Total (TOT).
Comments (1)
  • If Shell gets it, does that put them back as #1 biggest? Shell needs to acquire, to beat Exxon. ROYAL Dutch Shell....it's pure blood.
    4 Mar 2013, 12:38 PM Reply Like
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