debt reduction

45 articles
The Motley FoolThe Motley Fool··Eric Trie

Progeny 3 Divests $50.6M Caesars Stake Amid Debt and Digital Challenges

Progeny 3 divests $50.6M Caesars stake, citing investor concerns over the gaming company's high debt and struggling digital betting operations.
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BenzingaBenzinga··Henry Khederian

Transocean Gains Despite Earnings Miss as Merger Plans Advance

Transocean shares rose despite missing earnings estimates, as investors focused on strong revenue, solid cash flow, and the transformational Valaris merger.
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BenzingaBenzinga··Surbhi Jain

Occidental Petroleum Reduces Debt to $15B Following OxyChem Sale to Berkshire

Occidental Petroleum sold OxyChem to Berkshire Hathaway for $9.7B, reducing debt to $15B and raising its dividend by 8%.
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BenzingaBenzinga··Prnewswire

Blue Owl Capital BDCs to Divest $1.4B Portfolio to Boost Capital Returns

Blue Owl Capital's BDCs divest $1.4B in lending investments to boost shareholder returns and reduce debt, with proceeds deployed toward distributions and balance sheet strengthening.
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The Motley FoolThe Motley Fool··Lee Samaha

Hecla Mining Surges on Record Revenue and Strategic Debt Reduction

Hecla Mining surged 10.8% on record $1.4B revenue and major debt reduction to $34M. The company plans to divest gold assets and shift toward silver production.
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