OXY-Cleaning Up Its Portfolio – California Resources Spinoff Set For End Of November
California, the great state known for its warm weather and environmentally friendly laws is about to get its own dedicated oil and gas business. Yes, you read that correctly. On December 1st, the California Resources Company (CRC) will begin trading on the NYSE as an independent entity after Occidental Petroleum’s (OXY) board of directors formally approved its spinoff last week. OXY… Read More »