'Running in place': Debt continues to weigh down Occidental

Energy commentary: Stronger oil prices aiding US independent, but debt burden remains high post-Anadarko merger

Rough going: Occidental Petroleum is hoping higher oil prices will allow it to cut into a heavy debt load it assumed after buying Anadarko Petroleum in 2019
Rough going: Occidental Petroleum is hoping higher oil prices will allow it to cut into a heavy debt load it assumed after buying Anadarko Petroleum in 2019Photo: AP/SCANPIX
Published 11 May 2021, 18:58Updated 12 May 2021, 11:23