Sadly, Occidental Petroleum's EBIT actually dropped 8.8% in the last year. If earnings continue on that decline then managing that debt will be difficult like delivering hot soup on a unicycle …
https://finance.yahoo.com/news/think-occidental-petroleum-nyse-oxy-120019506.html
2 replies (most recent on top)
Try touting the stock in Aberdeen. I hear they love you over there.
You have to adjust for lower oil prices. Then it would be a fair comparison.