Pioneer Natural Resources Company (PXD) New York Stock Exchange
154.27-0.82-0.53%
CloseMay 17, 2019

News: updated – 18-May 12:27


Occidental’s Big Mistake: Overpaying For Resources In An Age Of Energy Abundance16-May 06:54(SeekingAlpha)

Occidental Petroleum’s ( OXY ) stock has been heading lower ever since it started bidding for Anadarko Petroleum ( APC ). It’s now trading at the same level it was back in May of 2007. Interestingly enough, so is Exxon Mobil ( XOM ). And for the same reason: overpaying for resources in a…