Occidental (NYSE: OXY) has achieved its near-term debt repayment target of $4.5 billion in Q4 2024, five months after the CrownRock acquisition and seven months ahead of schedule. The company has also signed two agreements in Q1 2025 to divest upstream assets for $1.2 billion, including Rockies non-operated assets and Permian Basin assets not in their near-term development plan.