(Total Views: 64)
Posted On: 12/11/2023 7:27:00 AM
Post# of 27269
OIL
Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend
KEY POINTS
Occidental Petroleum has agreed to buy CrownRock for $12 billion.
CrownRock is a major privately held energy producer that operates in the Permian Basin.
Occidental also said it's raising its quarterly dividend to 22 cents a share from 18 cents a share.
Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend
KEY POINTS
Occidental Petroleum has agreed to buy CrownRock for $12 billion.
CrownRock is a major privately held energy producer that operates in the Permian Basin.
Occidental also said it's raising its quarterly dividend to 22 cents a share from 18 cents a share.
(0)
(0)
