Browsing Tag
asset divestiture
3 posts
Why Crescent Energy sold its DJ Basin assets for $90m and what investors should expect next
Crescent Energy sells DJ Basin assets for $90 million as part of a $900 million divestment strategy. Find out what this means for its Vital Energy merger.
ConocoPhillips to offload $1.3bn of Anadarko Basin assets in strategic portfolio optimization
Learn how ConocoPhillips’ $1.3 billion Anadarko Basin sale and Q2 earnings beat are driving debt reduction and boosting free cash flow prospects.
Occidental announces $950m in Permian asset divestitures and $7.5bn in debt reduction since mid-2024
Occidental sells US $950 million in Permian assets, repays US $7.5 billion in debt, and focuses on core growth and carbon capture projects.