Occidental Announces Further Progress on Asset Sales and Debt Reduction
August 07, 2025
August 07, 2025
HOUSTON, Texas, Aug. 7 -- Occidental Petroleum, an oil and gas, exploration and production company, issued the following news release:
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Occidental Announces Further Progress on Asset Sales and Debt Reduction
* Announced four divestures since April 2025, generating approximately $950 million in proceeds for debt reduction
* Repaid approximately $7.5 billion in debt since July 2024
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HOUSTON -- August 6, 2025 -- Occ . . .
* * *
Occidental Announces Further Progress on Asset Sales and Debt Reduction
* Announced four divestures since April 2025, generating approximately $950 million in proceeds for debt reduction
* Repaid approximately $7.5 billion in debt since July 2024
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HOUSTON -- August 6, 2025 -- Occ . . .