Occidental brought to its knees after Anadarko acquisition
Occidental Petroleum cuts its capital expenditure to pay off its debt, presenting a major net loss. This happens after an eventful third quarter, in which the oil company finally took over Anadarko.
BY MATHIAS JULIUS FALKENGAARD
US-based oil company Occidental Petroleum has suffered major blow to its financials, not least following its Anadarko acquisition.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Total closes purchase of Africa's largest LNG project
For subscribers
Occidental finalizes Anadarko acquisition
For subscribers
Missed Anadarko-acquisition helps Chevron
For subscribers
