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Timothy Smith

06/27/17 10:36 PM

#188 RE: eFinanceMarkets #187

Occidental Petroleum (NYSE:OXY), the largest acreage holder in the Permian, has no plans to cut back on capital spending, CEO Vicki Hollub says; OXY hopes to be able to cover its capital budget and shareholder dividends from cash flow at $50 oil for the year.