Asset PortfolioOXY's quality asset portfolio, having one of the largest acreages in the US, combined with its efficient cost strategy, are expected to remain core advantages in the future.
Debt ReductionOccidental has repaid $2.3 billion of debt, which includes all of their 2025 maturities, providing them with headroom in the current environment.
Earnings PerformanceOccidental reported strong headline 1Q25 results, driven by outperforming midstream guidance and lower Lease Operating Expenses.