Discover why Warren Buffett’s Berkshire Hathaway owns 28% of Occidental Petroleum (OXY), a Permian Basin giant, and if its ...

CrownRock Holdings is seeking to raise up to $1.7bn through the sale of its stake in Occidental Petroleum, reported Bloomberg. The sale involves 29.6 million shares, which CrownRock Holdings ...

Warren Buffett is one of the most successful investors the world has known. He is also, perhaps, one of the strongest ...

Occidental Petroleum repaid $4.5 billion of debt within five months of closing its acquisition of CrownRock. The company generated strong free cash flow and closed several asset sales. It recently ...

The S&P 500 (SNPINDEX: ^GSPC) is up 22.8% over the last year as megacap growth and value stocks have led the index to new heights. The energy sector is chock-full of excellent dividend-paying value ...

Occidental Petroleum, with a large 2.8-million-acre footprint in the Permian Basin, is preparing to go deeper. Speaking with ...

Occidental launched a $4.5 billion-$6 billion divestiture program when it announced its merger with CrownRock LP late 2023. It announced the completion of the $12.4 billion purchase August 1 ...

The CrownRock acquisition in the Midland Basin exceeded financial and production expectations, while integration efforts identified operational efficiencies and cost reductions, including $1 ...

We believe the quarter continues the operational momentum the company has enjoyed since the CrownRock acquisition, with better than expected performance at acquired wells. For 2025, management ...

Occidental Petroleum Corporation (NYSE:OXY) is one of the largest oil and gas producers in the United States. With a position of approximately 2.8 million net acres in Texas and New Mexico, the ...

The oil producer agreed to buy CrownRock for $12 billion to bulk up its position in the oil-rich Permian Basin. A notable aspect of the deal was Occidental's funding strategy, which relied heavily ...