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Occidental Is Latest Oil Company to Buy a Smaller Producer

The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.

Clifford Krauss
Author: Clifford Krauss

Written by

Clifford Krauss

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CrownRock LP, Drilling and Boring, Global Warming, Hollub, Vicki (1960- ), Houston (Tex), Hydraulic Fracturing, Mergers, Acquisitions and Divestitures, Natural Gas, Occidental Petroleum Corporation, Oil (Petroleum) and Gasoline, Permian Basin (North America), Prices (Fares, Fees and Rates), Production, Shale
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