Occidental Announces Progress on Divestiture and Debt Reduction Program
OXYOXY(OXY) GlobeNewswire News Room·2024-07-29 18:30

Agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for approximately 818millionAdditionaldispositionsin2024withtotalpurchasepriceproceedsofapproximately818 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 Perm ...