West Texas’ Permian Basin has had a rough year. Investors have been pulling away from the once-gushing Permian Basin after a year of diminishing returns and performing under expectations. Last month, when crude oil was down a whopping 22 percent on the year, there were damning headlines such as “The Permian Basin Is Getting More Toxic to Investors” headlining Yahoo! Finance and other outfits quick to condemn the faltering oilfield. In pursuit of becoming the largest Permian Basin operator, Occidental Petroleum (NYSE:OXY) made…
