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Hess to sell stakes in Permian Basin assets for $600 million to Occidental Petroleum

Hess Corp. announced Monday a deal to sell its stake in enhanced oil recovery assets in the Permian Basin for $600 million to Occidental Petroleum Corp. . The deal includes Hess's 34.2% interest in t.....»»

Category: topSource: marketwatchJun 19th, 2017

Hess to sell stakes in Permian Basin assets for $600 million to Occidental Petroleum

Hess Corp. announced Monday a deal to sell its stake in enhanced oil recovery assets in the Permian Basin for $600 million to Occidental Petroleum Corp. . The deal includes Hess's 34.2% interest in t.....»»

Category: topSource: marketwatchJun 19th, 2017

Hess to sell stake in enhanced oil recovery assets in Permian Basin for $600 mln to Occidental Petroleum

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJun 19th, 2017

Occidental spends $2B to expand Permian Basin footprint

Houston-based Occidental Petroleum Corp. (NYSE: OXY) announced it has accumulated additional Permian Basin assets through multiple deals worth a combined $2 billion. The company acquired producing and non-producing leasehold acreage in the Permian Basin .....»»

Category: topSource: bizjournalsOct 31st, 2016

Top Permian Basin Producer Pumps Out 5% Dividend Yield

Occidental Petroleum has increased dividend –4 straight yearsRelated Stocks: OXY,.....»»

Category: blogSource: gurufocusJun 12th, 2017

Occidental Petroleum: This Top Permian Basin Producer Pumps Out A 5% Dividend Yield

Occidental Petroleum: This Top Permian Basin Producer Pumps Out A 5% Dividend Yield.....»»

Category: topSource: seekingalphaJun 12th, 2017

Glencore Sells Oil Storage Assets to China"s HNA Group

Glencore, one of the world’s biggest oil traders, has agreed to sell a majority stake in its petroleum products storage and logistics business for $775 million in cash to Chinese conglomerate HNA Group......»»

Category: smallbizSource: wsjMar 31st, 2017

Credit Suisse Shows Why Occidental’s Permian Assets Will Help Fend Off Lower Oil Prices

While oil has fallen handily in the past week, an interesting analyst call on Occidental Petroleum signals that the oil giant might be a safe way to fend off lower oil prices......»»

Category: blogSource: 247wallstMar 14th, 2017

4 Reasons to Buy This Stock

Occidental Petroleum's operations in the Middle East and Permian Basin should have a positive impact on it fiscal —…–7 resultsRelated Stocks: OXY,.....»»

Category: blogSource: gurufocusMar 7th, 2017

WPX Energy to buy Permian oil wells for $775 million

Shares of WPX Energy Inc. fell nearly 3% late Thursday after the Tulsa, Okla., energy company announced it had agreed to buy assets in the Permian basin in Texas. The company's Permian acreage would increase to more than 120,000 net acres.....»»

Category: topSource: marketwatchJan 12th, 2017

Occidental Petroleum Has Clear Long-Term Growth Visibility

Company's interest in the Permian Basin and strong debt profile will take the stock higherRelated Stocks: OXY,.....»»

Category: blogSource: gurufocusDec 20th, 2016

Abraxas Petroleum slows the bleeding; plans to sell Powder Basin assets amid third-quarter loss

San Antonio-based exploration and production company Abraxas Petroleum Corp. is slowing the bleeding from a crude oil downtown that is now in its second year but nevertheless posted a multimillion-dollar loss in the third quarter. Abraxas Petroleum (Nasd.....»»

Category: topSource: bizjournalsNov 8th, 2016

Occidental Petroleum announces Permian Basin Resources and EOR acquisitions

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active trader.....»»

Category: blogSource: theflyonthewallOct 31st, 2016

Freeport-McMoRan Exits Disastrous Foray Into Gulf Of Mexico Oil Amid Pressure From Carl Icahn

Mining giant Freeport-McMoRan said on Monday evening it will sell its Deepwater Gulf of Mexico oil assets to Anadarko Petroleum for $2 billion and a possible $150 million performance payment. Mining giant Freeport-McMoRan said on Monday evening it w.....»»

Category: topSource: forbesSep 13th, 2016

Chevron"s Management Thinks It Can Accomplish 2 Conflicting Goals at the Same Time

The fossil fuel giant thinks it can significantly grow its production and lower capital spending at the same time. Can its Permian Basin assets make that possible?.....»»

Category: topSource: foxnewsAug 18th, 2017

Energen’s Would-Be Permian Buyout — Are 2 Activist Investors Better Than 1?

Two activist investors are pushing oil & gas independent Energen to sell the company, which has established a strong position in the Permian Basin......»»

Category: blogSource: 247wallstAug 17th, 2017

Denver energy company selling North Dakota assets for $500 million

A Colorado energy company said it's selling some of its North Dakota assets in a deal worth $500 million. Whiting Petroleum Corp. (NYSE: WLL) said it's selling its Fort Berthold Indian Reservation area assets located in Dunn and McLean Counties, North .....»»

Category: topSource: bizjournalsAug 15th, 2017

Thor Equities looking to sell retail condo at 88 Greenwich St. for $45 million

Thor Equities, the real estate investment firm that bet big on retail and has been facing pressure to sell some of those assets, is putting another of its properties on the market. The company,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 14th, 2017

BP, Kosmos Energy Team up to Develop LNG Export Project

BP and Kosmos Energy enter into an agreement to farm into assets worth $916 million in the Mauritania-Senegal basin, wherein the later is planning to .....»»

Category: topSource: zacksAug 14th, 2017

Andeavor to make $225 million pipeline play in the Permian Basin

Alamo City-based refining company Andeavor Corp. is making a $225 million investment in the the Permian Basin. The Business Journal named Andeavor as one its " Eight San Antonio companies to watch in the Permian Basin" in the cover story of our .....»»

Category: topSource: bizjournalsAug 11th, 2017

Canadian pension funds join race to buy Prestige Estates stake

Prestige is looking to sell 40-50% stake in its rental assets and could raise about $500 million.....»»

Category: topSource: business-standardAug 9th, 2017