But Oxy isn't done with its growth plans, either, noting that it just agreed to buy energy company CrownRock, though it is a smaller transaction than the one that ran into trouble back in 2020. Still, Oxy looks like its longterm ambition is to compete with industry giants like Chevron, and it can really only get there via acquisition. Chevron, meanwhile, is already an industry giant. And as noted, it has a very strong balance sheet. When oil prices plunged during the pandemic, it added leverage so it could ...