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Morgan Stanley slashes price target on Occidental Petroleum Corporation [OXY] – find out why.

Morgan Stanley slashes price target on Occidental Petroleum Corporation [OXY] – find out why.
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Delaware , United-states , Colombia , Texas , Vicki-hollub , Morgan-stanley , Colgate-energy-partners , Occidental-announces-continued-progress-on-divestment-program , Occidental-petroleum-corporation-net-margin , Barclays , Occidental-petroleum-corporation , Occidental-announces-continued-progress

Occidental Petroleum Corporation [OXY] Revenue clocked in at $16.65 billion, up 63.66% YTD: What's Next? – The DBT News

Annabelle Farmer
September 15, 2020
Occidental Petroleum Corporation [NYSE: OXY] slipped around 0.0 points on Friday, while shares priced at $28.33 at the close of the session, down 0.00%. The company report on June 10, 2021 that Occidental Announces Continued Progress on Divestment Program with the Sale of Non-Strategic Permian Basin Acreage for $508 Million and Reaffirms 2021 Capital and Production Guidance.
Occidental (NYSE: OXY) announced it has entered into a definitive agreement to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC, for $508 million, subject to closing adjustments to reflect an April 1, 2021 effective date. The transaction, which is expected to close in the third quarter of 2021, includes approximately 25,000 net acres in the Southern Delaware Basin in Texas with current production of approximately 10,000 barrels of oil equivalent per day from about 360 active wells. Proceeds from the sale will be applied toward debt reduction.

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Colgate Energy builds Permian Basin assets amid post-COVID-19 growth

Colgate Energy builds Permian Basin assets amid post-COVID-19 growth
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Ward-county , Texas , United-states , Delaware , Reeves-county , New-mexico , Eddy-county , Williston-basin , North-dakota , Colgate-co , Adrienne-sandoval , Andrew-dittmar

Midland oil and gas operator builds Permian Basin assets amid post-COVID-19 growth

Midland oil and gas operator builds Permian Basin assets amid post-COVID-19 growth
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Ward-county , Texas , United-states , Loco-hills , New-mexico , Delaware , Reeves-county , Eddy-county , Williston-basin , North-dakota , Parul-chopra , Colgate-co

Occidental Announces Continued Progress On Divestment Program With The Sale Of Non-Strategic Permian Basin Acreage For $508M And Reaffirms 2021 Capital And Production Guidance

Occidental Announces Continued Progress On Divestment Program With The Sale Of Non-Strategic Permian Basin Acreage For $508M And Reaffirms 2021 Capital And Production Guidance
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Delaware , United-states , Colombia , Texas , Vicki-hollub , Colgate-energy-partners , Permian-basin , Southern-delaware-basin , Chief-executive-officer-vicki , டெலாவேர் , ஒன்றுபட்டது-மாநிலங்களில் , கொலம்பியா

Oxy in $500 million Permian sale | Upstream Online

US operator continues divestment programme with sale of non-strategic domestic acreage to Colgate

Delaware , United-states , Colombia , New-mexico , Texas , Vicki-hollub , Occidental-petroleum , Colgate-energy-partners , Permian-basin , Southern-delaware-basin , Will-hickey , Central-basin

Occidental to sell certain Permian Basin acreage to Colgate Energy

Occidental has agreed to divest non-strategic acreage in the Permian Basin in Texas, US to an affiliate of Colgate Energy Partners III.

Delaware , United-states , Colombia , Texas , Putumayo , Magdalena , Llanos-norte , Vicki-hollub , Occidental-petroleum , Colgate-energy-partners , Carlyle-group , Permian-basin

Occidental Petroleum hones in on divestment goal with $508M deal

Houston-based Occidental Petroleum continues its divestment campaign with a new $508 million deal to sell Permian Basin acreage to Colgate Energy Partners III LLC, a Midland, Texas-based oil and gas producer.

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Oxy sells non-core Permian acreage for $508 million, reaffirms 2021 production guidance

The transaction, which is expected to close in the third quarter of 2021, includes approximately 25,000 net acres in the Southern Delaware Basin in Texas with current production of approximately 10,000 barrels of oil equivalent per day from about 360 active wells.

Delaware , United-states , Colombia , Houston , Texas , Vicki-hollub , Occidental-petroleum , Colgate-energy-partners , Permian-basin , Southern-delaware-basin , Chief-executive-officer-vicki ,

- Occidental Announces Continued Progress...

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Occidental Announces Continued Progress on Divestment Program with the Sale of Non-Strategic Permian Basin Acreage for $508 Million and Reaffirms 2021 Capital and Production Guidance
édité le 10/06/2021 - Plus de news de "Occidental" - Voir la fiche entreprise de "Occidental"
Occidental announced it has entered into a definitive agreement to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC, for $508 million, subject to closing adjustments to reflect an April 1, 2021 effective date. The transaction, which is expected to close in the third quarter of 2021, includes approximately 25,000 net acres in the Southern Delaware Basin in Texas with current production of approximately 10,000 barrels of oil equivalent per day from about 360 active wells. Proceeds from the sale will be applied toward debt reduction.

Delaware , United-states , Colombia , Texas , America , Vicki-hollub , Colgate-energy-partners , Permian-basin , Southern-delaware-basin , Chief-executive-officer-vicki , Middle-east , Oxy-low-carbon-ventures