Occidental to slash spending after swinging to loss
Occidental to slash spending after swinging to loss
Occidental Petroleum Corp said on Monday it would slash spending on big projects by 40% next year, as it missed earnings estimates in its first results after closing its $38 billion (£29.46 billion) purchase of rival Anadarko Petroleum.
from Reuters: Money News https://ift.tt/2NgOJvi
via Blogger https://ift.tt/2NhfhfS
November 05, 2019 at 05:42AM
Occidental Petroleum Corp said on Monday it would slash spending on big projects by 40% next year, as it missed earnings estimates in its first results after closing its $38 billion (£29.46 billion) purchase of rival Anadarko Petroleum.
from Reuters: Money News https://ift.tt/2NgOJvi
via Blogger https://ift.tt/2NhfhfS
November 05, 2019 at 05:42AM
No comments