EconomyOccidental expects flat production and spending in 2027, keeps debt reduction as priority
U.S. oil producer Occidental Petroleum expects its production to remain flat in 2027. It also plans to keep capital spending broadly unchanged. The company said it will continue to place priority on reducing debt. The outlook signals a focus on financial improvement rather than expanding output.
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Occidental expects flat production and spending in 2027, keeps debt reduction as priority
Economy