Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Occidental to pay $12 billion to buy private Permian Basin company CrownRock

Por: MarketWatch Business December 11, 2023

thumbnail

Occidental said the deal will add about $1 billion in cash flow in the first year based on $70 per barrel. As part of the deal, Occidental said it would increase its quarterly common stock dividend by 4 cents a share to 22 cents a share beginning with its February 2024 declaration. The WSJ late last month that Occidental was in talks to pay more than $10 billion for CrownRock. Occidental plans to finance the deal with $9.1 billion of new debt... + full article



Similar News

Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase

MarketWatch USA Business December 14, 2023

thumbnailThe purchases were made from Monday through Wednesday with Berkshire paying an average price of about $56 a share. Berkshire Hathaway CEO Warren Buffett took advantage of the recent weakness in Occidental Petroleum’s stock price, which hit a 52-week low Tuesday. These are .... + más

Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase | MarketWatch

Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum | Fox Business


Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase

MarketWatch USA Business December 14, 2023

thumbnailThe purchases were made from Monday through Wednesday with Berkshire paying an average price of about $56 a share. Berkshire Hathaway CEO Warren Buffett took advantage of the recent weakness in Occidental Petroleum’s stock price, which hit a 52-week low Tuesday. These are .... + más

Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase | MarketWatch

Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum | Fox Business


Occidental Petroleum to buy CrownRock in $12B deal

Fox Business USA Business December 11, 2023

thumbnailHilltower Resource Advisors CEO Tracy Shuchart explains what's behind the plunge in oil prices and discusses the implications of Venezuela threatening to annex part of oil-rich Guyana on 'Making Money.' Occidental Petroleum announced on Monday it will acquire in a... + más

Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum | Fox Business

Warren Buffett’s Berkshire Hathaway Could Get an Energy-Stock Payoff | MarketWatch


Occidental to pay $12 billion to buy private Permian Basin company CrownRock

MarketWatch USA Politics December 11, 2023

thumbnailOccidental said the deal will add about $1 billion in cash flow in the first year based on $70 per barrel. As part of the deal, Occidental said it would increase its quarterly common stock dividend by 4 cents a share to 22 cents a share beginning with its February 2024... + más

Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase | MarketWatch

Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase | MarketWatch


Warren Buffett’s Berkshire Hathaway Could Get an Energy-Stock Payoff

MarketWatch USA Business February 24, 2023

thumbnailPreferred stock is a senior form of equity that resembles debt because the dividend rate usually is fixed. Companies can omit preferred dividends without causing a default, but generally can’t pay common stock dividends until preferred dividends are paid. The redemption... + más

Warren Buffett delivers clear inflation warning, slams 'disgusting' money manager behavior in annual letter | Fox Business

Warren Buffett's Berkshire Hathaway is the largest investor in these 8 stocks  | MarketWatch


King Ranch will be the site of the largest carbon capture project yet

The Verge USA Science November 01, 2022

thumbnailKing Ranch will be the site of the largest carbon capture project yetKing Ranch will be the site of the largest carbon capture project yet / Capturing carbon dioxide is just another side to Occidental’s oil businessp>span:first-child]:text-black text-blurple [&... + más

How Much Do You Like Ranch? Hidden Valley is Now Selling Home Goods — Including a $10,000 Couch | NBC 6 South Florida

Hidden Valley Ranch's New Home Line Is Just As Fun & Colorful As You'd Expect | Elite Daily


Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum

Fox Business USA Business September 30, 2022

thumbnailFairlead Strategies, LLC founder and managing partner Katie Stockton provides insight on investing in the stock market on 'Making Money with Charles Payne.' controls nearly 21% of Occidental Petroleum following a series of new stock purchases by chairman Warren... + más

Buffett's company buys nearly 6M more Occidental shares | ABC News

Warren Buffett Piles Into More Occidental as Berkshire Hathaway Lifts Stake to 20.9% | MarketWatch



About iurex | Privacy Policy | Disclaimer |