Occidental Sells Certain Delaware Basin Assets, Boosts Debt Reduction Efforts
Occidental Sells Certain Delaware Basin Assets, Boosts Debt Reduction Efforts
Occidental Petroleum Corporation (NYSE:OXY) disclosed the sale of certain Delaware Basin assets in Texas and New Mexico to Permian Resources Corp (NYSE:PR) for about $818 million.
Occidental Petroleum Corporation（纽交所：OXY）披露已将德克萨斯州和新墨西哥州的特定德拉华盆地资产出售给Permian Resources公司（纽交所：PR）约81800万美元。
Occidental is selling Permian Resources around 27,500 net acres in the Barilla Draw Field of Texas and 2,000 net acres in the New Mexico Delaware Basin, with combined net production for the fourth quarter of 2024 estimated at approximately 15,000 barrels of oil equivalent per day.
Occidental出售了Permian Resources在Texas Barilla Draw领域约27,500亩的净土地和在New Mexico Delaware Basin 2000亩的净土地，预计2024年第四季度的合并净产量约为每天15,000桶石油等量。
The transaction is expected to close in the third quarter of 2024, pending customary conditions.
该交易预计将于2024年第三季度完成，待定常规条件。
In addition, Occidental completed other disposals totaling around $152 million in 2024, with proceeds from these sales to be used to reduce debt.
另外，Occidental在2024年完成了约1.52亿美元的其他处置，由这些销售获得的收益将用于偿还债务。
Occidental announced a divestiture program of $4.5 billion-$6 billion, which is projected to be completed within 18 months following the expected August acquisition of CrownRock.
Occidental宣布了一个价值45亿美元至60亿美元的剥离计划，预计在收购CrownRock后的18个月内完成。
As of March 31, Permian Resources' cash and cash equivalents stood at $13.3 million.
截至3月31日，Permian Resources的现金和现金等价物为1,330万美元。
"This acquisition is a natural fit for us given its high-return inventory and proximity to our current operated position," said Will Hickey, Co-CEO of Permian Resources.
Permian Resources的联席首席执行官Will Hickey表示：“考虑到这个项目的高回报库存和与我们当前经营位置的接近程度，这个收购对我们而言是一笔自然的配合。”
Permian Resources expects the acquisition to be accretive to all key per share metrics, including cash flow, free cash flow and net asset value per share.
Permian Resources预计这项收购将对所有关键每股指标产生增值，包括现金流、自由现金流和每股净资产价值。
In June, Occidental's TerraLithium teams up with BHE Renewables for sustainable lithium extraction from geothermal brine.
今年6月，Occidental旗下的TerraLithium与BHE Renewables合作，从地热卤水中进行可持续的锂矿提取。
Investors can gain exposure to the OXY stock via Texas Capital Funds Trust Texas Capital Texas Oil Index ETF (NYSE:OILT) and First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN).
投资者可以通过Texas Capital Funds Trust Texas Capital Texas Oil Index ETF（纽交所：OILT）和First Trust Nasdaq Oil & Gas ETF（纳斯达克：FTXN）获得OXY股票的曝光度。所有基金类型的资金都可以。
Price Action: OXY shares are down 0.42% to $59.93 at the last check Tuesday.
截至上周二最后一次检查，OXY股票下跌0.42%至59.93美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
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图片来自shutterstock。