KM Financial Solutions | UPDATE 2-Occidental to cut Western Midstream stake to reduce debt
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UPDATE 2-Occidental to cut Western Midstream stake to reduce debt

UPDATE 2-Occidental to cut Western Midstream stake to reduce debt

Occidental Petroleum Corp said on
Monday it would cut its majority stake in pipeline operator
Western Midstream Partners LP to less than 50% in 2020,
to reduce its debt that grew significantly with the Anadarko
Petroleum Corp deal.

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