KM Financial Solutions | UPDATE 2-Occidental cuts 2020 capex, to book $1.7 bln charges in fourth quarter
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UPDATE 2-Occidental cuts 2020 capex, to book $1.7 bln charges in fourth quarter

UPDATE 2-Occidental cuts 2020 capex, to book $1.7 bln charges in fourth quarter

Occidental Corp said on Tuesday
its fourth-quarter results would include about $1.7 billion in
charges and further cut its spending as the shale producer
reduces costs following its $38 billion purchase of rival
Anadarko Petroleum.

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