With Occidental Petroleum (NYSE:OXY) struggling to move the needle for investors, the company's management is looking to get creative. At a recent industry conference, Occidental CEO Steve Chazen talked about the possibility of splitting the company up into three completely separate entities. Now with ousted chairman Dr. Ray Irani out of the picture, Chazen has the flexibility to explore some more drastic moves, but it also means that the onus of the company falls on him now.
Investors will more than likely give Chazen some time to start turning Occidental around, but how long? In this video, Fool.com contributor Tyler Crowe looks at Occidental's prospects and asks whether this company is a buy today.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter @TMFDuffy and @TylerCroweFool, respectively.
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