Occidental Announces Progress on Divestiture and Debt Reduction Program
OXY(OXY) Newsfilter·2024-07-29 18:30
Agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for approximately $818 million Additional dispositions in 2024 with total purchase price proceeds of approximately $152 million bring total year-to-date proceeds of closed or announced divestments to $970 million Sales proceeds will go toward reducing debt HOUSTON, July 29, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) today announced it has agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permi ...