It Begins: Occidental Is First US Energy Major To Slash Dividend, CapEx

Mar 10th 2020 12:14pm EDT

It Begins: Occidental Is First US Energy Major To Slash Dividend, CapEx Back in 2015, after the price of oil cratered after Saudi Arabia decimated OPEC during the 2014 Thanksgiving massacre, US shale companies scramble to slash dividend and capital spending in order to preserve liquidity in a time when virtually nobody was cash flow […]

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