Occidental buying CrownRock in cash-and-stock deal valued at about $12 billion

Occidental buying CrownRock in cash-and-stock deal valued at about $12 billion

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Occidental is buying oil and gas company CrownRock in a cash-and-stock deal valued at about $12 billion. "We found CrownRock to be a strategic fit, giving us the opportunity to build scale in the Midland Basin," Occidental President and CEO Vicki Hollub said in a statement, referring to the vast…

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