Occidental Petroleum Corporation: Enhanced Oil Recovery (EOR) and Growth Strategy In 2024!

Occidental Petroleum’s Q4 2023 has displayed a robust performance in recent quarters, achieving a strong free cash flow of $5.5 billion. Significantly, this has facilitated the company in paying dividends, repurchasing common shares, and investing back into the business. The primary driver of this achievement is accredited to technical expertise, leading-edge technologies, and innovation, showcasing the company’s operational strength. It should be noted, however, that such factors primarily depend on human resources and could be affected by changes in skilled personnel or unexpected circumstances.