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Occidental Petroleum to buy CrownRock in $12B deal

Por: Fox Business Business December 11, 2023

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Hilltower 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 deal valued at $12 billion, including debt. Occidental said it will finance the purchase with $9.1 billion of new debt, the issuance of about $1.7 billion of common... + full article



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