Occidental Petroleum (NYSE: OXY) unveiled a very bold move at the end of 2023. The oil producer agreed to buy CrownRock for $12 billion to bulk up its position in the oil-rich Permian Basin.
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 ...
By Tanay Dhumal (Reuters) -Occidental Petroleum said on Tuesday that it had struck two deals in the current quarter to divest some upstream assets to undisclosed buyers for a total of $1.2 billion ...
Occidental Petroleum projects quarterly revenue of $7.14 billion, compared to $7.53 billion a year earlier, according to data from Benzinga Pro. On Jan. 31, Goldman Sachs downgraded the stock from ...
Ecopetrol S.A. EC recently disclosed that Ecopetrol Permian LLC and Occidental Petroleum have planned to extend the development plan for Rodeo Midland Basin in the Permian Basin (Texas ...
Today, Occidental Petroleum Corp (NYSE:OXY), a $45.8 billion energy company currently trading at $48.84 per share and considered undervalued according to InvestingPro’s Fair Value analysis ...