[ad_1] Updated Dec. 11, 2023 11:19 am ET Occidental Petroleum announced a $10.8 billion agreement to buy West Texas producer CrownRock as the independent oil company seeks to keep pace…
Tag: Occidental Petroleum
Occidental to Buy CrownRock for $12 Billion as Oil Patch Consolidates
[ad_1] Updated Dec. 11, 2023 8:13 am ET Occidental Petroleum announced a $12 billion agreement Monday to buy West Texas producer CrownRock as the independent oil company seeks to keep…
U.S. Oil Land Grab Continues
[ad_1] Occidental’s talks with CrownRock will make the few remaining large parcels in the Permian basin pricey. [ad_2] Source link
WSJ News Exclusive | Occidental Petroleum in Talks to Buy Permian Producer CrownRock
[ad_1] Occidental Petroleum is in talks to buy CrownRock, a major energy producer in the west Texas area of the Permian basin, continuing a frenzy of deal making in the…
Oil Prices, Defense Stocks Rise as Israel-Hamas Conflict Rattles Markets
[ad_1] Havens such as gold and global bonds jump, while airline stocks slide. [ad_2] Source link
Exxon Doesn’t Need Luck for Pioneer Deal to Be a Winner
[ad_1] It has been a hellish week for energy investors. Exxon Mobil just gave them a reason to smile. [ad_2] Source link
Warren Buffett Has Been Betting Big on Oil. It’s Time to Find Out Why.
[ad_1] One of the most successful stock pickers of all time admitted years ago that he was “dead wrong” on an earlier oil-company investment. What’s changed? [ad_2] Source link