Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend

Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend

Occidental Petroleum on Monday agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The deal is latest in a spate of consolidation in the U.S … Read more

Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

Warren Buffett, chairman and CEO of Berkshire Hathaway Lacy O’Toole | CNBC Berkshire Hathaway‘s Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer size and the … Read more