Occidental Expects Capex To Range Between $6.3 Billion To $6.7 Billion In 2026 - Conf Call

Reuters11-20

Nov 11 (Reuters) - Occidental Petroleum Corp ::
*OCCIDENTAL SAYS PLANNING TO INCREASE INVESTMENT IN GULF OF AMERICA WATER FLOOD PROJECTS AND IN OMAN IN 2026 - CONF CALL
*OCCIDENTAL EXPECTS CAPITAL EXPENDITURE TO RANGE BETWEEN $6.3 BILLION TO $6.7 BILLION IN 2026 - CONF CALL
*OCCIDENTAL EXPECTS TO INVEST UP TO $400 MILLION IN U.S. ONSHORE IN 2026 - CONF CALL
*OCCIDENTAL CEO SAYS CO IS NOT GOING TO AGGRESSIVELY PUT LOTS OF EXTRA BARRELS INTO AN OVERSUPPLIED MARKET - CONF CALL
*OCCIDENTAL SAYS CO HAS BEGUN DEFERRING SOME GULF OF AMERICA EXPLORATION FROM 2026 INTO THE FOLLOWING YEARS - CONF CALL
*OCCIDENTAL EXPECTS 2026 PRODUCTION GROWTH TO BE FLAT TO UP 2% - CONF CALL
*Further company coverage: OXY.N
* ((Reuters.Briefs@thomsonreuters.com;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 11-NOV-202519:01:38 GMT

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