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（紐交所：OXY）披露已將德克薩斯州和新墨西哥州的特定德拉華盆地資產出售給Permian Resources公司（紐交所：PR）約81800萬美元。
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領域約27,500畝的淨土地和在New Mexico Delaware Basin 2000畝的淨土地，預計2024年第四季度的合併淨產量約爲每天15,000桶石油等量。
The transaction is expected to close in the third quarter of 2024, pending customary conditions.
該交易預計將於2024年第三季度完成，待定常規條件。
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年完成了約1.52億美元的其他處置，由這些銷售獲得的收益將用於償還債務。
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宣佈了一個價值45億美元至60億美元的剝離計劃，預計在收購CrownRock後的18個月內完成。
As of March 31, Permian Resources' cash and cash equivalents stood at $13.3 million.
截至3月31日，Permian Resources的現金和現金等價物爲1,330萬美元。
"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的聯席首席執行官Will Hickey表示：“考慮到這個項目的高回報庫存和與我們當前經營位置的接近程度，這個收購對我們而言是一筆自然的配合。”
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預計這項收購將對所有關鍵每股指標產生增值，包括現金流、自由現金流和每股淨資產價值。
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與BHE Renewables合作，從地熱滷水中進行可持續的鋰礦提取。
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).
投資者可以通過Texas Capital Funds Trust Texas Capital Texas Oil Index ETF（紐交所：OILT）和First Trust Nasdaq Oil & Gas ETF（納斯達克：FTXN）獲得OXY股票的曝光度。所有基金類型的資金都可以。
Price Action: OXY shares are down 0.42% to $59.93 at the last check Tuesday.
截至上週二最後一次檢查，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.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
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圖片來自shutterstock。