Occidental Announces Further Progress on Debt Reduction
February 19, 2025
February 19, 2025
HOUSTON, Texas, Feb. 19 -- Occidental Petroleum, an oil and gas, exploration and production company, issued the following news release:
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Occidental Announces Further Progress on Debt Reduction
* Achieved near-term debt repayment target of $4.5 billion in the fourth quarter of 2024
* Announced proceeds from $1.2 billion of divestitures signed in the first quarter of 2025 will go toward current year debt maturities
HOUSTON -- Fe . . .
* * *
Occidental Announces Further Progress on Debt Reduction
* Achieved near-term debt repayment target of $4.5 billion in the fourth quarter of 2024
* Announced proceeds from $1.2 billion of divestitures signed in the first quarter of 2025 will go toward current year debt maturities
HOUSTON -- Fe . . .