EconomyOccidental expects flat 2027 spending and output, keeps focus on debt reduction
U.S. oil producer Occidental Petroleum said it expects both production and capital spending to remain flat in 2027. The company added that reducing debt will continue to be a priority. Its outlook points to no planned expansion in those areas next year, while financial efforts remain centered on lowering its debt burden.
R
Reuters★★☆☆☆2026-08-06 23:50Original
Occidental expects flat 2027 spending and output, keeps focus on debt reduction
Economy