Occidental Petroleum OXY0.83%increase; green up pointing triangle announced a $10.8 billion agreement to buy West Texas producer CrownRock as the independent oil company seeks to keep pace with ...

Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock deal valued at about $10.8 billion as consolidation heats up in North America’s most-prolific ...

Occidental Petroleum announced on Monday it will acquire energy producer CrownRock in a deal valued at $12 billion, including debt. Occidental said it will finance the purchase with $9.1 billion ...

Occidental Petroleum Corporation OXY is among the largest operators in the Permian Basin, a major hub for U.S. oil and gas ...

Acquisition, valued at approximately $12.0 billion, generates immediate free cash flow accretionCrownRock’s well-positioned assets expand Occidental’s scale in the Midland BasinCrownRock’s ...

Occidental closed the purchase of Permian Basin competitor CrownRock at a higher-than-expected price of about $12.4 billion. Image by Piotr_roae via iStock Occidental Petroleum Corp. announced ...

According to the release, CrownRock's over 94,000 net acres of "well-positioned assets" expand Occidental's scale in Midland. “We believe the acquisition of CrownRock’s assets adds to the ...

HOUSTON (Reuters) - Occidental Petroleum's plan to pay off debt from its acquisition of CrownRock should result in a reduced financial burden within a year of closing, credit rating firms said ...

HOUSTON, May 8 (Reuters) - Occidental Petroleum (OXY.N), opens new tab hopes to close its acquisition of shale oil producer CrownRock before its second-quarter earnings call, CEO Vicki Hollub said ...

Houston-based Occidental Petroleum Corp. (NYSE: OXY) has emerged as the winning suitor for Midland, Texas-based oil and gas producer CrownRock LP, which many other companies reportedly were ...

HOUSTON, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it entered into a purchase agreement to acquire Midland-based oil and gas producer CrownRock L.P., a joint venture ...

Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock deal valued at about $10.8 billion as consolidation heats up in North America’s most-prolific ...