[ TRANSACTION RECORD ]

Berkshire Hathaway Inc. Investment in CrownRock LP — 2023

VERIFIED VECTOR ID: 002141 · tx-237
M SOURCE NODE — FUNDER
Berkshire Hathaway Inc.
Finance United States
$12,000,000,000
EQUITY
11/12/2023
Q DESTINATION NODE — RECIPIENT
CrownRock LP
Company United States
Amount (USD)
$12.0B
Flow Type
EQUITY
Transaction Date
11/12/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Berkshire Hathaway Inc.
AUM 1000000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity CrownRock LP
Entity Type Company
Jurisdiction United States
Intelligence Note

Occidental Petroleum announced the acquisition of CrownRock for approximately 12 billion dollars to expand its operations in the Midland Basin of the Permian. This transaction adds high-quality, high-margin shale production to Occidental’s portfolio. The deal represents a significant institutional investment in the continued growth of the domestic energy supply chain.

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Primary Forensic Source https://www.oxy.com/news/news-releases/occidental-to-acquire-crownrock/
✓ SOURCE LINKED