The private-equity firm recently sold the shares it received as part of the August sale of its majority stake in oil-and-gas producer CrownRock, notching what is perhaps one of the buyout industry ...
Houston-based Occidental Petroleum said it will purchase CrownRock in a $12 billion deal. It expects the transaction to close in the first quarter of 2024. Oil prices are moving higher ahead of ...
The company has issued $5 billion of senior unsecured notes to fund the cash consideration of the CrownRock acquisitions. A huge increase in debt was concerning, but Occidental has issued the ...
Occidental Petroleum is buying CrownRock for about $12 billion. (Kevork Djansezian/Associated Press) In a relatively quiet year for mergers, acquisitions and public offerings, the oil patch and ...
Occidental Petroleum Corporation (NYSE:OXY) has been making waves in the oil and gas industry with its recent acquisition of CrownRock, a move that has significantly expanded its presence in the ...
Occidental Petroleum posted third-quarter results ahead of Wall Street estimates, as higher global oil production offset lower commodity prices. The oil-and-gas producer on Tuesday reported net income ...
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