How Lon have you been working at OXY?
4 replies (most recent on top)
This acquisition is almost 10 times the size of the Altura purchase, and it is being funded entirely on debt and dilution of share value. The Warren Buffett 8% guaranteed dividend deal makes it even worse. Oxy will be lucky to survive this deal intact. I would be surprised if Vicki is still running Oxy in a year. If you don't see how dangerous this deal is for Oxy, then you are wearing Rose colored glasses. This is nothing personal. I work at Oxy, I like Oxy and I like Vicki. This deal is bad.
Stock dropped a lot when OXY bought Altura. There was a lot of yelling like now.
Either you are shareholder who runs on very slim margins or disgruntled ex or current employees. Here is your answer no one f---ng cares so get lost.