Hi guys, I have quick questions since I was planning to buy OXY and now Berkshire is buying it as well. Just some simple math here: so OXY market cap now is 33 billion. They bought Anadarko for what 33 - 40 billion ? So how is this stock not a buy right now ? You get both companies for the price of one even if they overpayed for Anadarko still seems good deal considering OXY was trading for around 50 billion before. I know they took a lot of debt but I don't think is that expensive considering the current rates if Anadarko resources are worth way more this company should deliver in the long run. Thoughts ?
Submitted November 15, 2019 at 08:33PM by GoergiDinkov https://ift.tt/2r0TMHa
