Occidental Petroleum Speeds Up Debt Repayment With $3B Reduction: Details
Occidental Petroleum Speeds Up Debt Repayment With $3B Reduction: Details
Occidental Petroleum Corporation (NYSE:OXY) shares are trading higher today. The company disclosed a $3 billion reduction in principal debt in the third quarter of 2024, driven by strong organic cash flow and proceeds from divestitures.
今日，美國西方石油公司（紐交所：OXY）的股票價格有所上漲。公司披露，由於有強勁的有機現金流和資產處置收益，截至2024年第三季度，該公司的本金債務減少了30億美元。
Following the anticipated closing of the $818 million Barilla Draw divestment, Occidental plans to use the proceeds for debt repayments. This will bring its year-to-date debt reductions to over $3.8 billion, meeting about 85% of its $4.5 billion near-term debt reduction target.
在預計的8180萬美元Barilla Draw資產處置交割後，西方石油計劃將處置收益用於償還債務，這將使其今年以來的債務減少額超過38億美元，達成其45億美元近期債務減少目標的85％左右。
Occidental Petroleum raised $700 million last week through the sale of 19.5 million common units in Western Midstream Partners, LP (NYSE:WES). The company has now reached approximately $1.7 billion in completed or announced divestments for 2024.
西方石油上週通過出售Western Midstream Partners, LP（紐交所：WES）的1950萬股普通股籌集了7000萬美元。該公司現在已宣佈或已完成的資產處置總額已達約17億美元。
The proceeds from its divestiture program will be used for debt reduction, while the company will also advance deleveraging through free cash flow.
其資產處置計劃的收益將用於債務減輕，同時該公司還將通過自由現金流加速去槓桿化。
Vicki Hollub, President and CEO, said, "We are pleased with the rapid and significant progress of our deleveraging program along with enhancements made to our already premier portfolio. By the end of the third quarter, we expect to achieve nearly 85% of our near-term $4.5 billion debt reduction commitment."
總裁兼首席執行官Vicki Hollub表示：「我們對去槓桿化計劃的快速和顯著進展以及對已經出色的投資組合的增強措施感到高興。截至第三季度末，我們期望實現近期45億美元債務減少承諾的近85％。」
Earlier this month, Occidental completed a $12 billion acquisition of CrownRock, enhancing the Permian portfolio with 170 Mboed high-margin production.
本月早些時候，西方石油以120億美元收購了CrownRock，增強了Permian地區的高利潤產能達170Mboed。
Investors can gain exposure to the OXY stock via Texas Capital Funds Trust Texas Capital Texas Oil Index ETF (NYSE:OILT) and First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN).
投資者可以通過Texas Capital Funds Trust Texas Capital Texas Oil Index ETF（紐交所：OILT）和First Trust Nasdaq Oil & Gas ETF（納斯達克：FTXN）獲得OXY股票的曝光度。所有基金類型的資金都可以。
Price Action: OXY shares are up 0.51% at $57.91 at the last check Monday.
價格走勢：截至週一最後檢查，OXY股價上漲0.51％，至57.91美元。
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- Stuck In Neutral: Occidental Petroleum Beat EPS Consensus But Faces Slowing Business, Analyst Says
- 中立困境：西方石油擊敗每股收益一致預期，但分析師稱業務增長放緩。
譯文內容由第三人軟體翻譯。