Occidental has a number of sellable assets to fund a $12B deal for CrownRock, says Truist's Dingmann
Neal Dingmann, managing director of energy research at Truist, joins 'Power Lunch' to discuss Occidental's proposed deal with CrownRock for $12 billion, why Occidental needs to reduce debt, and more.
Why Occidental Petroleum Is Spending $12 Billion To Buy CrownRock
With a $12 billion price tag, Occidental Petroleum Corp.'s (OXY) deal to buy Midland, Texas-based oil and gas producer CrownRock L.P, is essentially a move to expand the company's reach in the Perm...
Occidental Buying Oil Driller CrownRock for $10.8 Billion
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 oil b...
Permian Merger Mania Enters A New Phase With Occidental's Latest Deal
Occidental Petroleum OXY (Oxy) said Monday it would acquire the assets of privately held CrownRock in a stock-and-cash deal valued at $12 billion. The acquisition adds more than 1700 new potential ...
OXY Stock Alert: Occidental Petroleum to Acquire CrownRock in $12 Billion Deal
Occidental Petroleum (NYSE: OXY ) stock is a hot topic on Monday as investors react to a $12 billion acquisition deal with CrownRock. Occidental Petroleum will be using a mix of cash and stock to a...
Occidental Petroleum CEO on $12B CrownRock deal: Provides scale to our Midland Basin operation
Occidental Petroleum CEO Vicki Hollub joins 'Squawk Box' to discuss the company's deal to buy Permian producer CrownRock for $12 billion, and more.
Occidental Petroleum is buying CrownRock for $12 billion
CrownRock is in focus this morning after Occidental Petroleum Corp (NYSE: OXY) said it will buy the energy producer for about $12 billion. Details of Occidental-CrownRock deal The hydrocarbon explo...
Occidental Petroleum to acquire CrownRock in $12B cash-and-stock deal
Occidental Petroleum Corp announced on Monday an agreement to acquire privately held energy producer CrownRock LP, which operates in the Permian Basin, in a cash-and-stock transaction valued at abo...
Occidental Petroleum to buy CrownRock in $12B deal
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.
Occidental Petroleum to buy Permian producer CrownRock for $12 billion
CNBC's Becky Quick reports on the latest news.
Occidental to Buy Permian Basin Oil Producer CrownRock for $12 Billion
The acquisition will add 170,000 barrels of oil per day to Occidental's daily production.
Occidental to pay $12B to buy private Permian basin company CrownRock
Occidental Petroleum Corp.'s OXY, +0.12% was down 1.5% in premarket trading on Monday after the oil company said it would pay $12 billion for privately held Permian Basin oil and gas producer Crown...
Occidental Petroleum to buy CrownRock in $12 bln deal
Occidental Petroleum said on Monday it would buy Permian basin-based energy producer CrownRock in a cash-and-stock deal valued at $12 billion.
Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend
Occidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion.
Beyond Occidental Petroleum: 3 Energy Stocks Taking the World by Storm
Helmerich & Payne is one of the best oil rig businesses out there and is trading for a deep discount. Brookfield Renewable should deliver strong growth despite battling interest rate headwinds.
Related Companies