Occidental buying CrownRock in cash-and-stock deal valued at about $12 billion
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 oil and gas fields in [...]