Oxy's $12 Billion Acquisition: Is Warren Buffett's Second-Favorite Oil Stock a Buy?

Oxy's $12 Billion Acquisition: Is Warren Buffett's Second-Favorite Oil Stock a Buy?

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Occidental Petroleum (NYSE: OXY) recently agreed to a $12 billion deal to buy privately owned CrownRock. Soon after the deal, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) disclosed multiple Oxy stock buys, expanding its already-sizable ownership in the company. But is it really a good deal? In…

#occidentalpetroleum #oxy #crownrock #motleyfool #jasonhall #tylercrowe #berkshirehathaway #warrenbuffett

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