Here is some more. Looks like a lot taking place during end of year!
OXY: This is a special-situation story, since the company has an upcoming reorganization announcement that likely includes selling or spinning off its California assets and/or its Middle East assets. The company will make the announcement in the fourth quarter -- we expect December to be a likely time frame. This news will bring out value in the shares, and we'll remain patient on the stock. The shares are trading at 11.9x 2014 earnings and offer a 2.8% dividend yield. Our target is $115.