Occidental Petroleum Is 85% of the Way Toward Achieving This Crucial Goal
OXY(OXY) The Motley Fool·2024-08-21 17:17
The oil company is working to whittle down its debt.Occidental Petroleum (OXY -2.13%) recently closed its 9.1 billion to close the deal and assumed $1.2 billion of CrownRock's existing debt. The oil company plans to significantly reduce its debt in the coming years to ease the potential pressure on its balance she ...