Or is XOM the only company big enough to take out PXD?
Sentiment: Strong Buy
Just an idea. Someone who wants to diversify. How about Apple or Microsoft. Great diversification move and very deep pockets to drill lots of $8 million wells.
How about Krispy Kreme or Starbucks. That would be quite a diversification.
OXY, they are selling international properties. They are #1 in Permian Basin. They could do a spin off where the combined company operated in Permian Basin only to increase economies of scale.