Occidental Petroleum (OXY) in the news - Feb 20
Posted: Tue Feb 20, 2024 1:24 pm
Occidental Petoleum (OXY) exploring sale of Western Midstream Partners reports Reuters, citing sources
OXY is exploring an $18B+ sale of Western Midstream, according to sources, who note the divestiture would help to reduce the $18.5B in debt it has accumulated through acquisitions.
Citing sources, article notes interested parties could include Enterprise Products Partners (EPD), Williams Companies (WMB) and Kinder Morgan (KMI), as well as private equity and infrastructure funds.
OXY is exploring an $18B+ sale of Western Midstream, according to sources, who note the divestiture would help to reduce the $18.5B in debt it has accumulated through acquisitions.
Citing sources, article notes interested parties could include Enterprise Products Partners (EPD), Williams Companies (WMB) and Kinder Morgan (KMI), as well as private equity and infrastructure funds.