Occidental Petroleum (OXY) Announces Launch of 29.56M Share Secondary Offering

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Occidental Announces Launch of Secondary Offering

August 12, 2024 4:59 PM EDT

HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the launch of an underwritten secondary public offering of 29,560,619 shares of its common stock by CrownRock Holdings, L.P. (the Selling Stockholder).

Occidental is not offering any shares of common stock in the offering. The Selling Stockholder will receive all of the proceeds from the proposed... More