Q2 2020 Earnings Release
(WorldNews Mexico)

Occidental Announces 2nd Quarter 2020 Results All business segments exceeded guidance and continued to deliver operational excellence Combined production of 1,406 Mboed from continuing operations, exceeding midpoint of guidance by 36 Mboed Permian Resources exceeded high-end of guidance by 5 percent, producing 465 Mboed OxyChem and Gulf of Mexico achieved all-time safety records Significantly lowered cost structure by fully delivering acquisition cost synergies and additional cost savings Achieved 2020 annualized run rate of $1.5 billion of total overhead savings, including $900 million of synergies and $600 million of additional cost reductions Achieved 2020 annualized run rate of $800...