Occidental achieved record production in Q2, 2024, with $1.3 billion in free cash flow before working capital adjustments.
Occidental Petroleum announced a $10.8 billion agreement to buy West Texas producer CrownRock as the independent oil company seeks to keep pace with rapid consolidation in the industry.
Energy Stocks To Consider. In this article, we are going to take a look at where Occidental Petroleum Corporation (NYSE:OXY) ...
Berkshire may have sold Apple stock last quarter, but it was buying Ulta shares and holding on to Occidental Petroleum and ...
CrownRock Holdings is selling 29,560,619 shares that it holds in Occidental, which would reduce the common stock of the oil, gas and chemicals producer by 3.26 percent. Image by Diego Thomazini ...
Aug. 12—The Occidental Petroleum Corp.'s $12-billion acquisition of the Midland-based CrownRock Corp. was a major factor in Oxy's second quarter performance, which featured its highest ...
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 ...
CrownRock Holdings is seeking to raise up to $1.7bn through the sale of its stake in Occidental Petroleum, reported Bloomberg. The sale involves 29.6 million shares, which CrownRock Holdings ...
The Houston-based company reported its first results since finalizing the $12 billion acquisition of CrownRock last week, highlighting a worldwide realized crude oil price of $79.89 per barrel ...
Including CrownRock, Mathew said, the midpoint of Occidental's total company production and guidance has increased from 1.25 million to approximately 1.32 million barrels of oil equivalent per day.