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Occidental Petroleum is cashing in on its MLP. Occidental Petroleum (OXY -2.58%) recently closed its needle-moving acquisition of CrownRock. It paid $12 billion for the fellow oil company, which will significantly enhance its position in the prolific …

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… also to step up our dividend," Hollub told CNBC… . Occidental is raising its quarterly dividend to 22 cents a share … acquisition was its purchase of Anadarko Petroleum for $55 billion in 2019 …

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