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Occidental Says Ecopetrol Will Not Acquire Stake in CrownRock Assets
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Occidental Says Ecopetrol Will Not Acquire Stake in CrownRock Assets
Aug 1, 2024 5:47 AM

08:21 AM EDT, 08/01/2024 (MT Newswires) -- Occidental Petroleum ( OXY ) said in a regulatory filing on Thursday that Ecopetrol ( EC ) has decided not to acquire a stake in its CrownRock assets.

Ecopetrol ( EC ) had been in talks to buy a 30% interest in CrownRock, according to the filing.

Ecopetrol ( EC ) shares were up 0.8% in premarket trading, while Occidental was up 0.1%.

Price: 60.98, Change: +0.16, Percent Change: +0.26

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