Occidental Petroleum Corporation's Financial Performance and Market Position

Occidental Petroleum Corporation (NYSE:OXY) has seen a 9% increase in share price following an impressive earnings report.The company has significantly reduced its corporate debt to $15 billion, enhancing its financial stability and future growth potential.Despite a shortfall in revenue, Occidental has increased its oil production and raised its dividend yield by 8%.Occidental Petroleum Corporation, trading under the symbol OXY on the NYSE, is a major player in the oil and gas industry. The company is known ...