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In September 2014, Occidental moved its headquarters to Houston, Texas. [ 40 ] [ 41 ] In November, the company sold its 50% interest in BridgeTex Pipeline Company, owner of a 300,000 barrel-per-day crude oil pipeline system that extends from Colorado City, Texas to Texas City, Texas , for $1.075 billion.
In 1999, the company purchased a 7.5-acre (30,000 m 2) tract in The Woodlands, Texas from the Woodlands Land Company to build an 800,000-square-foot (74,000 m 2), 32-story headquarters building, on the site. [5] In 2012, the company began construction of another office tower adjacent to its headquarters. [6]
In addition to the Fortune 500 companies above, many other companies in multiple fields are headquartered or have based their US headquarters in Houston. Al's Formal Wear; Allis-Chalmers Energy; Allpoint; American Bureau of Shipping; American National Insurance Company (Galveston) Aon Hewitt; Archimage; Avelo Airlines; Axiom Space; Baker Botts ...
The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni (Mario Anzuoni / reuters) Josh and Ines are reporters for Yahoo Finance.
Heritage Plaza in Houston, Texas, the headquarters of EOG Resources EOG Office - Corpus Christi Division. EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.
During that year, El Paso Corp., a major tenant with 912,000 sq ft (84,700 m 2) in Greenway Plaza, announced that it was vacating the property and moving its personnel to its Downtown Houston headquarters. A Houston Business Journal article stated that El Paso was expected to sublease the space until 2014, when its lease will expire. [11]
Occidental Petroleum produced $977 million, or $1 per share, of adjusted net income during the third quarter. Occidental Petroleum's Wheeling and Dealing Is Helping Fuel Strong Results Skip to ...
[8] [9] To fund the venture, the company sold assets in the Permian Basin and the Piceance Basin to Occidental Petroleum for $1.3 billion. [10] [11] In 2011, the company sold natural gas assets for $785 million, including a $600 million sale of assets in the Granite Wash to Linn Energy. [12] [13]