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via seekingalpha.comBusiness & Companies

Occidental targets $6B principal debt and $4B annual sustainable cash flow by 2030

FROM THE WIRE · SEEKINGALPHA.COM

Occidental Petroleum generates $2.8 billion in Q3 free cash flow, reaches its $10 billion debt milestone and sets a new $6 billion principal debt target.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishBalance sheet strengthening and cash flow plans of an oil major can affect the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Occidental generated $2.8 billion in Q3 free cash flow.
  2. 02The company reached its $10 billion debt milestone.
  3. 03It set a new $6 billion principal debt target.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Occidental Petroleum CorporationOXYStock56.90 USDMarket closedtoday +2.04%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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