I definitely think there is value. I just wonder sometimes if OXY is not too old-fashioned and some of their upper management get paid extreme amounts of money. Course they have to live in LA where it is expensive to live, but still. Occidental could use a shock to their culture, get with the times.
Rigzone reported Friday development of California's Monterrey Shale/Santos, potentially larger than the Eagle Ford or Bakken, is at hand. This is OXY's backyard. Better get your shares while they're still selling at a discount.