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Occidental Petroleum: Flexible Capital Allocation Strategies

publication date: Jan 14, 2019
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Image Source: Occidental Petroleum Corporation. 

Occidental Petroleum laid out a plan to generate positive free cash flow at various price points in 2019, and management has shown a willingness to adjust spending levels in the past. Let’s dig into the framework Occidental has established for how it can adjust effectively to changes in raw energy resource prices.



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