Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Acquisition action continues to confirm the Rabid Capitalist’s oil and gas majors investment strategy. Occidental Petroleum has joined the oil company m & a movement. It has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The Rabid Capitalist previously identified the investment opportunities in oil and gas stocks (see https://therabidcapitalist.com/2023/09/21/it-is-not-easy-being-green/)) and the attractiveness of the acquisition strategy for major public exploration and production companies (see https://therabidcapitalist.com/2023/11/02/the-contrarians-dilemma-good-deals-bad-reactions-the-big-point/).
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