financetom
Business
financetom
/
Business
/
Occidental Petroleum Closes CrownRock Buyout
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Occidental Petroleum Closes CrownRock Buyout
Aug 2, 2024 2:31 AM

05:00 AM EDT, 08/02/2024 (MT Newswires) -- Occidental Petroleum ( OXY ) said late Thursday it has completed its acquisition of CrownRock.

The deal, which was first announced in December 2023, was valued at approximately $12 billion.

Price: 59.31, Change: -0.07, Percent Change: -0.12

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UBS shares slide 7% after analysts say Swiss capital rules put buybacks at risk
UBS shares slide 7% after analysts say Swiss capital rules put buybacks at risk
Jun 11, 2025
LONDON (Reuters) -Shares in UBS dropped 7% on Tuesday as analysts voiced concern about the impact of new government proposals to force the Swiss lender to hold $26 billion in extra capital, including on the bank's plans to return cash to shareholders. UBS' stock had risen after the government on Friday announced its proposals to prevent another Credit Suisse-style meltdown....
Nvidia CEO says quantum computing is at an inflection point
Nvidia CEO says quantum computing is at an inflection point
Jun 11, 2025
PARIS, June 11 (Reuters) - Quantum computing technology is at an inflection point, CEO Jensen Huang reiterated on Wednesday at the VivaTech conference in Paris. Quantum computing will solve some interesting problems in the coming years, he added. ...
Starbucks accelerates new staffing model to all North American stores
Starbucks accelerates new staffing model to all North American stores
Jun 11, 2025
(Reuters) -Starbucks CEO Brian Niccol told Reuters on Tuesday that he would accelerate the rollout of the coffeehouse chain's new staffing and service model, aiming for all 18,000 North American stores by summer's end, rather than the initial plan for just a third of U.S. stores by year-end. Niccol says the model is a foundational element of his turnaround strategy...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved