On the Record · Occidental Petroleum

Occidental Petroleum acquisitions, on the record

The businesses Occidental Petroleum bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
CrownRock, L.P. Word for word“In December 2023, Occidental entered into an agreement to purchase CrownRock L.P. for total consideration of $12.0 billion.” 10-K for 2023	agreed acquisition	December 2023	total consideration of $12.0 billion
Carbon Engineering Ltd. Word for word“In August 2023, Occidental entered into an agreement with Carbon Engineering Ltd., its equity method investee, to purchase the remaining 68% interest not already owned by Occidental or its affiliates for total cash consideration of approximately $1.1 billion, resulting in Carbon Engineering becoming a wholly owned subsidiary of Occidental.” 10-K for 2023	acquisition	2023	approximately $1.1 billion
divestiture program Word for word“In the fourth quarter of 2023, Occidental announced a divestiture program between $4.5 billion and $6.0 billion, which Occidental expects to complete within 18 months of closing the CrownRock Acquisition.” 10-K for 2023	divestiture	—	between $4.5 billion and $6.0 billion
DJ Basin proved reserves purchased Word for word“In 2023, Occidental purchased proved reserves of 31 MMboe primarily consisting of proved reserves in the DJ Basin.” 10-K for 2023	acquisition	2023	—
Anadarko Petroleum Corporation Word for word“Anadarko Acquisition a transaction pursuant to the Agreement and Plan of Merger dated May 9, 2019, in which Occidental acquired all of the outstanding shares of Anadarko on August 8, 2019, and in which a wholly owned subsidiary of Occidental merged with and into Anadarko” 10-K for 2024	acquisition	August 8, 2019	—
Non-strategic assets in the Powder River Basin and certain Delaware Basin assets in Texas and New Mexico Word for word“Gains (losses) on sales of assets and other, net for 2024 included the sale of non-core assets in the Powder River Basin with near to intermediate term lease expirations and certain Delaware Basin assets in Texas and New Mexico for combined net proceeds of $769 million.” 10-K for 2024	agreed divestiture	2024	combined net proceeds of $769 million
Limited partner units in Western Midstream (WES) Word for word“These and other losses were partially offset by the pre-tax gain of $489 million resulting from the sale of 19.5 million of Occidental's limited partner units in WES for proceeds of $697 million.” 10-K for 2024	divestiture	—	proceeds of $697 million
Non-core proved and unproved properties in the Permian Basin Word for word“In 2023, Occidental sold certain non-core proved and unproved properties in the Permian Basin for proceeds of $202 million and 5.1 million of its limited partner units in WES for proceeds of $128 million.” 10-K for 2024	divestiture	2023	proceeds of $202 million
OxyChem Word for word“In October 2025, the Company announced entry into a purchase and sale agreement with Berkshire Hathaway to sell all of the issued and outstanding equity interests in OxyChem in an all-cash transaction for $9.7 billion.” 10-K for 2025	agreed divestiture	October 2025	$9.7 billion
CrownRock Word for word“Average daily production volumes increased by 8% in 2025, compared to 2024.” 10-K for 2025	acquisition	—	—
non-operated proved and unproved royalty and mineral interests in the DJ Basin Word for word“In 2025, the Company sold non-core assets for $2.3 billion, which included working interests in the Permian Basin for proceeds of approximately $800 million, non-operated proved and unproved royalty and mineral interests in the DJ Basin for proceeds of approximately $840 million and certain gas gathering assets in the Permian Basin for approximately $580 million.” 10-K for 2025	divestiture	2025	approximately $840 million

Deal filings since 2016

2026-03-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2025-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2024-02-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-08-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Occidental Petroleum’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.