Occidental finance chief pledges to act quickly to pare acquisition debt

  • 📰 Reuters
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

México Noticias Noticias

México Últimas Noticias,México Titulares

Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it t...

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange in New York, April 30, 2019. REUTERS/Brendan McDermid/File Photo

Cedric Burgher, in his first public remarks since the $38 billion acquisition closed last week, told an Enercom energy conference audience, the resulting debt burden was “not that bad,” and pledged Occidental would be selective in choosing assets to sell. “When the smoke clears, people will start to see what we’ve done,” Burgher said to an overflow crowd.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 2. in MX

México Últimas Noticias, México Titulares