NYSE:OXYOil and Gas
Occidental Petroleum (OXY) Valuation Check As Expanded Debt Buyback And Bondholder Support Draw Focus
Occidental Petroleum (OXY) is back in focus after it expanded the size of its cash tender offers to repurchase up to US$1.2b of outstanding notes and secured key bondholder consents.
See our latest analysis for Occidental Petroleum.
Occidental’s expanded tender offer and strong early bondholder participation come as the share price trades at US$55.02, with a 30 day share price return of 18.81% and year to date share price return of 29.83%. The 5 year total shareholder return of 100.16%...