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Occidental Petroleum Q2 Preview, What To Look Out For

Summary

What to look out for as almost oil major Occidental Petroleum Corporation gets ready to report Q2 results on August 3.

Management's prudent financial decision making leaves Occidental Petroleum in a prime spot to wait out the downturn without worrying about liquidity concerns or an insurmountable debt burden.

The Permian Basin is on tap, look out for operational gains on both the conventional and unconventional front.

Look out for commentary around Occidental Petroleum Corporation's low-cost Residual Oil Zone Development project in the Permian Basin.

While not quite as large as some of its integrated peers, Occidental Petroleum Corporation (NYSE:OXY) is still a giant in the American oil & gas...


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