Occidental trims spending, slashes dividend

Company dividend drops by 86% to 11 cents per share, down from 79 cents per share

Occidental Petroleum: chief executive Vicki Hollub — Occidental Petroleum: chief executive Vicki HollubPhoto: RACHEL CZECHOWSKYJ/UPSTREAM

Julia Martinez

Houston

US Occidental Petroleum Vicki Hollub Opec Americas

Published 10 March 2020, 17:11Updated 10 March 2020, 17:11