CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to Occidental Petroleum Corporation's (NYSE: OXY) issuance of $1.5 billion of senior unsecured 2025 and 2045 notes. Proceeds from the notes will be used for general corporate purposes. OXY's ratings reflect the company's large size, strong operational track record, diverse resource base, significant exposure to liquids (approximately 75% of 2014 production and 76% of reserves), historically robust cash flow, and low debt levels.
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