Browsing Tag
CrownRock acquisition
2 posts
Occidental announces $950m in Permian asset divestitures and $7.5bn in debt reduction since mid-2024
Occidental sells US $950 million in Permian assets, repays US $7.5 billion in debt, and focuses on core growth and carbon capture projects.
Occidental strengthens financial position with $4.5bn debt repayment and $1.2bn asset sales
Occidental (NYSE: OXY) has made significant strides in its financial restructuring strategy, reaching its near-term debt repayment target…