Reported 1 day ago
Occidental Petroleum, a significant player in the energy sector, is working to expand its diversified portfolio to compete with industry giants like ExxonMobil. Although smaller in market cap and global reach, Occidental aims to grow through strategic acquisitions while managing its financial health. The company's proactive approach to buying assets and its commitment to reducing debt signal its ambition to become a top energy operator, despite the challenges it faces in catching up with larger competitors.
Source: YAHOO