On August 1, 2024, Occidental Petroleum Corporation, an international energy company, successfully completed the acquisition of CrownRock, L.P., a Delaware limited partnership. This acquisition, which was first announced on December 10, 2023, involved Occidental purchasing 100% of the issued and outstanding partner interests of CrownRock. The total consideration for the transaction amounted to approximately $12.4 billion, which included $9.4 billion in cash, 29,560,619 shares of Occidental common stock, and the assumption of $1.2 billion of CrownRock's existing debt. In connection with the closing of the transaction, Occidental also entered into a Registration Rights Agreement with the sellers, agreeing to file a registration statement for the resale of the shares issued as stock consideration. Occidental's President and CEO, Vicki Hollub, expressed confidence that the acquisition will strengthen the company's portfolio and welcomed the new team members from CrownRock. Occidental is known for its significant oil and gas production in the United States, the Middle East, and North Africa, and for its commitment to developing low-emission, low-cost energy.

On August 1, 2024, Occidental Petroleum Corporation, an international energy company, successfully completed the acquisition of CrownRock, L.P., a Delaware limited partnership. This acquisition, which was first announced on December 10, 2023, involved Occidental purchasing 100% of the issued and outstanding partner interests of CrownRock. The total consideration for the transaction amounted to approximately $12.4 billion, which included $9.4 billion in cash, 29,560,619 shares of Occidental common stock, and the assumption of $1.2 billion of CrownRock's existing debt. In connection with the closing of the transaction, Occidental also entered into a Registration Rights Agreement with the sellers, agreeing to file a registration statement for the resale of the shares issued as stock consideration. Occidental's President and CEO, Vicki Hollub, expressed confidence that the acquisition will strengthen the company's portfolio and welcomed the new team members from CrownRock. Occidental is known for its significant oil and gas production in the United States, the Middle East, and North Africa, and for its commitment to developing low-emission, low-cost energy.