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Occidental targets $15B debt milestone and boosts Permian output while advancing portfolio transformation

CEO Vicki Hollub announced the sale of OxyChem as a "pivotal step in our transformation," explaining that "the proceeds will be used to immediately strengthen our balance sheet, allowing us to ...
Seeking Alpha

Civitas targets $4.5B year-end net debt and accelerates $750M share buyback amid leadership change

Full-year volume guidance has been updated to reflect asset divestitures, with second-half production expected to grow approximately 7% and third quarter production anticipated to be higher than the ...
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Ovintiv outlines 10% free cash flow per share uplift and targets sub-$4B net debt by end of 2026 amid Montney expansion

Brendan McCracken, President and CEO, announced the agreement to acquire NuVista Energy, which he described as an asset base in the core of the Alberta Montney oil window, stating, "This transaction ...
Seeking Alpha

Peakstone Realty targets $250M–$300M debt reduction with majority of office sales by year-end

Bitar indicated, "Total proceeds from these [office] transactions are expected to range from $300 million to $350 million, and we intend to further strengthen our balance sheet by using approximately ...