Stock price in the $50's.
$10 billion of preferred shares w/ 8 percent dividend issued to Buffet
OXY shareholders have been stream-rolled
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Stockholder meeting tomorrow. Stock closes today at 52-week low of $56.33
(down 6.4% today May 9....to think we were at $68.37 at market close on April 8...17.6% decrease)
Chevron happy: walks off w/ $1 Billion dollars
Warren happy: to get $800 Million dollars per year....year after year after year after year...
Anadarko shareholders happy: Stock closes at $73.39 today...was $47.19 on April 8 close...55.5% INCREASE
OXY Execs happy: surely to receive a self-approved multi-Million dollar bonus for being so smart
OXY shareholders gagged & taking the pain