Occidental Announces Further Progress on Debt Reduction
OXYOXY(US:OXY) Globenewswire·2025-02-19 05:16

Achieved near-term debt repayment target of $4.5 billion in the fourth quarter of 2024Announced proceeds from $1.2 billion of divestitures signed in the first quarter of 2025 will go toward current year debt maturities HOUSTON, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it achieved its near-term debt repayment target of $4.5 billion in the fourth quarter of 2024 and signed two agreements in the first quarter of 2025 to divest upstream assets to undisclosed buyers for a combined ...

OXY-Occidental Announces Further Progress on Debt Reduction - Reportify