Occidental Petroleum Corporation (NYSE:OXY) Q2 2020 Earnings Conference Call - Final Transcript

Aug 11, 2020 • 11:00 am ET

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Occidental Petroleum Corporation (NYSE:OXY) Q2 2020 Earnings Conference Call - Final Transcript

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Presentation
Executive
Vicki Hollub

scale and unique operating and development expertise. Applying this expertise to our diverse portfolio provided us the optionality to manage through this crisis. We will continue to optimize our cost and capital allocation across our portfolio of high-return short-cycle opportunities.

This will enable us to maneuver through the near-term volatility, facilitate profitable free cash flow growth in a normalized commodity price environment, enhance our ability to delever, and generate substantial free cash flow in a higher-priced environment. We have taken these steps to succeed during this transition period. And we expect our differentiators, combined with our low-carbon strategy, to drive our success and sustainability long into the future.

I'll now open the call to your questions.