Occidental Petroleum (OXY) PT Lowered to $73 at JPMorgan
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Occidental Petroleum (OXY) to acquire CrownRock for $12 billion
December 11, 2023 7:07 AM ESTOccidental (NYSE: OXY), the energy giant, has announced its acquisition of CrownRock LP, an oil and gas producer based in Midland.
The deal, valued at approximately $12 billion, encompasses both cash and stock, and involves assuming CrownRock's existing debt.
We believe the acquisition of CrownRocks... More
