Occidental (OXY) CFO says it has started "early stages" of asset sales; to increase Permian production in H2 while reducing rigs
- Has "a lot of incoming interest" in asset sales.
- Expects Gulf of Mexico operating costs to recover in Q3.
08 May 2024 - 18:18- Equities- Source: Newswires
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts