CrownRock - Ownership and Business Overview

Oil/gas ExplorationCompany

CrownRock Ownership

Who owns CrownRock?

CrownRock is owned by Occidental Petroleum. It was acquired on December 11, 2023.

Was CrownRock formerly PE-backed?

Yes. CrownRock was formerly owned by 2 private investors.

CrownRock Business Overview

Where is CrownRock headquartered?

CrownRock is headquartered in Midland, Texas.

What sector is CrownRock in?

CrownRock is an oil/gas exploration company.

When was CrownRock founded?

CrownRock was founded in 2007.

Oil/gas Exploration M&A Summary in 2023

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 40 in number of deals in 2023. The largest oil/gas exploration acquisition in 2023 was Pioneer Natural Resources - which was acquired by Exxon Mobil for $64.5B.

Join Mergr to view all 33 acquisitions of oil/gas exploration companies in 2023, including 3 acquisitions by private equity firms, and 30 by strategics.

CrownRock

CrownRock L.P.

303 Veterans Air Park Lane Suite 5100,
Midland, Texas 79705
United States,
(432) 808-0300
www.crownrocklp.com

CrownRock is an independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. CrownRock operations are primarily focused on the development of its core Permian Basin assets. CrownRock was founded in 2007 and is based in Midland, Texas.


Company Summary

SECTOR

Oil/Gas Exploration

Established

2007

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