Occidental Petroleum Corp.

Occidental today announced that it has commenced offers to purchase for cash its outstanding senior notes listed in the table below and Consent Solicitations , upon the terms and conditions described in Occidental’s Offer to Purchase and Consent Solicitation Statement, dated December 7, 2020 . Dollars per $1,000 Principal Amount of Notes Series of Notes CUSIP Number/ISIN Aggregate Principal Amount Outstanding Acceptance [...]

Occidental today announced the release of its 2020 Climate Report, which provides a pathway detailing milestones to achieve its net-zero aspirations. The report, which is available on oxy.com, also provides an overview of progress on its commitments, climate-related governance and risk management processes and systems, planning and execution of climate strategies, and metrics and targets for reducing greenhouse gas [...]

Occidental today announced its third quarter 2020 financial results. The announcement and financial schedules can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call on Tuesday, November 10, 2020, at 11 a.m. Eastern/10 a.m. Central. The conference [...]

Occidental said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on January 15, 2021, to stockholders of record as of December 10, 2020. About Occidental Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading [...]

Occidental will announce its third quarter 2020 financial results after close of market on Monday, November 9, 2020, and will hold a conference call to discuss results on Tuesday, November 10, 2020, at 11 a.m. Eastern/10 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at oxy.com/investors. Participants may pre-register for the conference call at [...]

Occidental today announced it has signed an agreement to sell its onshore assets in Colombia to The Carlyle Group for total consideration of approximately $825 million, with $700 million up front and the remainder payable subject to certain production and commodity price targets. The transaction, which is expected to close in the fourth quarter of 2020, includes operations and working interests in the Llanos Norte, Middle [...]

Today Western Midstream Partners, LP announced the exchange of its 98% interest in the $260 million 6.50% fixed-rate note receivable due 2038 from Occidental Petroleum Corp. for 27.855 million WES common units owned by Occidental . The units will be canceled following the Exchange. The net effect of this transaction increases WES's per-annum Free cash flow1 after distributions by approximately $18.1 million based on [...]

Occidental today announced the expiration and final results in connection with its offers to purchase for cash its outstanding 4.10% Senior Notes due 2021 , 2.600% Senior Notes due 2021 , Floating Interest Rate Notes due August 2021 , Floating Interest Rate Notes due August 2022 , 2.600% Senior Notes due 2022 , 2.700% Senior Notes due 2022 , 3.125% Senior Notes due 2022 and 2.70% Senior Notes due 2023 up to a maximum [...]

Occidental said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on October 15, 2020, to stockholders of record as of September 15, 2020. About Occidental Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading [...]

Occidental today announced the early tender results for the 2022 Notes and 2.70% 2023 Notes in connection with its offers to purchase for cash its outstanding 4.10% Senior Notes due 2021 , 2.600% Senior Notes due 2021 , Floating Interest Rate Notes due August 2021 , Floating Interest Rate Notes due August 2022 , 2.600% Senior Notes due 2022 , 2.700% Senior Notes due 2022 , 3.125% Senior Notes due 2022 and 2.70% Senior [...]