OCCIDENTAL Petroleum is considering selling Western Midstream Partners, a gas-oriented pipeline operator with a market value of almost $20bn, sources told Reuters on February 20. Occidental needs to cut the $18.5 bn in debt that it has amassed because of acquisitions, the news service said. ...
Hollub said Berkshire Hathaway was not involved in the CrownRock deal, though Occidental did discuss with Buffett how the company fits into its corporate strategy. Occidental’s last major acquisition was its purchase of Anadarko Petroleum for $55 billion in 2019. The buy of Ana...
Occidental's last major acquisition was its purchase ofAnadarko Petroleumfor $55 billion in 2019. The buy of Anadarko loaded the company with debt and sparked a bitter dispute with activist investor Carl Icahn, who sold the remainder of his stake in ...
Occidental Petroleum is in talks to buy shale driller CrownRock LP, according to the Wall Street Journal, as the consolidation wave in North America’s most prolific oil field gathers momentum. A deal for CrownRock could be valued above $10 billion including debt and could come together soon...
2006: Occidental acquired production assets from Vintage Petroleum in Argentina, Bolivia, California and the Middle East. OxyChem acquired chemical assets in the U.S. from Vulcan Materials Company. 2004: Occidental signed a new production-sharing contract for the Mukhaizna Field, one of the largest...
Occidental Petroleum, one of the top producers in the prolific Permian Basin of West Texas and New Mexico, said its average daily oil output was 1.19 million boe/d, compared with 1.14 million boe/d a year earlier.
With $10 billion worth of chips from Warren Buffett, Occidental Petroleum CEO Vicki Hollub just took the biggest poker hand in the American oil patch. But she shouldn’t count her winnings just yet. BYJen Wieczner May 16, 2019 at 6:30 PM GMT+8 ...
265 Anadarko West Texas BR Corp. 子公司 266 Vintage Petroleum Boliviana, Ltd. 子公司 267 FP Westport Services LLC 子公司 268 Occidental Peruana, Inc. 子公司 269 Occidental Chemical Chile Limitada 子公司 270 D.S. Ventures, LLC 子公司 271 Western Midstream Holdings, LLC 子公司 272 Rio de Vie...
With Occidental Petroleum shares below $60 again, Warren Buffett’s firm could add to its stake, although Buffett has said he isn’t interested in buying the company. Photo: Brandon Bell/Getty Images Occidental Petroleum stock is getting back into Warren Buffett’s wheelhouse with the recent...
According to a filing from the Securities and Exchange Commission, Warren Buffett’s Berkshire Hathaway has upped its stake in Occidental Petroleum.