Occidental Petroleum Corp

OXY: XNYS (USA)
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OxyChem Sale Will Help Occidental's Balance Sheet, but More of the Benefits Go to Bondholders

Business Strategy and Outlook

Occidental is one of the world's largest independent oil and gas producers. Its upstream operations are spread across the US, the Middle East, and North Africa. It has a consolidated midstream business, which provides gathering, processing, and transport services to the upstream segment, and it holds a majority equity interest in Western Midstream.

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