Occidental said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on July 15, 2021, to stockholders of record as of June 10, 2021. About Occidental Occidental is an international energy company with assets 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 producer in the [...]
Occidental will announce its first quarter 2021 financial results after close of market on Monday, May 10, 2021, and will hold a conference call to discuss results on Tuesday, May 11, 2021, at 1 p.m. Eastern/12 p.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 [...]
Oxy Low Carbon Ventures , a subsidiary of Occidental , and bio-engineering startup Cemvita Factory today announced a plan to construct and operate a one metric ton per month bio-ethylene pilot plant, applying a jointly developed technology using human-made carbon dioxide instead of hydrocarbon-sourced feedstocks. The pilot project will scale up the process that was successful in laboratory tests, which showed the [...]
NextDecade Corporation , a clean energy company accelerating the path to a net-zero future, and Oxy Low Carbon Ventures , a subsidiary of Occidental and global leader in carbon dioxide management, today announced that they have executed a term sheet for the offtake and permanent geologic storage of CO2 captured from NextDecade's planned Rio Grande LNG project in the Port of Brownsville, Texas. Earlier this month [...]
Occidental today announced its fourth quarter and full-year 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, February 23, 2021, at 1:00 p.m. Eastern/12:00 p.m [...]
Occidental announced today it has rescheduled its upcoming earnings release and conference call due to impacts of the severe winter storm. The company will announce its fourth quarter and full-year 2020 financial results after close of market on Monday, February 22, 2021, and will hold a conference call to discuss results on Tuesday, February 23, 2021, at 1 p.m. Eastern/ noon Central. The conference call may be accessed [...]
Occidental said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on April 15, 2021, to stockholders of record as of March 10, 2021. About Occidental Occidental is an international energy company with assets 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 producer in [...]
FN Media Group Presents Oilprice.com Market Commentary In Namibia, an African venue that is being set up as the scene of the world's next—and possibly last—major onshore oil discovery, the oil and gas rights to an entire 8.5-million-acre sedimentary basin are owned by a single, small company. Mentioned in today's commentary includes: Occidental Petroleum Corp. , Kinder Morgan, Inc. , Equinor ASA , Apache Corporation [...]
Occidental will announce its fourth quarter 2020 financial results after close of market on Tuesday, February 16, 2021, and will hold a conference call to discuss results on Wednesday, February 17, 2021, 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 the early tender results of its offers to purchase for cash its outstanding 2.600% Senior Notes due 2021 , 3.125% Senior Notes due 2022 , 2.600% Senior Notes due 2022 , 2.700% Senior Notes due 2022 and 2.70% Senior Notes due 2023 . In connection therewith, Occidental further announced that it is increasing the maximum aggregate purchase price of Notes it will accept for purchase, excluding [...]
Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental , announced today it was awarded a contract to provide Carbon Storage Consulting Services for Project Tundra, an initiative led by Minnkota Power Cooperative, to build the world’s largest carbon capture facility at the Milton R. Young Station – a coal-fired power plant, near Center, North Dakota. A leader in the multi-disciplinary execution of carbon management, Oxy [...]
Occidental today announced that, in connection with its offers to purchase for cash the outstanding senior notes listed in the table below and Consent Solicitations , it is increasing the maximum aggregate purchase price of Notes it will accept for purchase, excluding accrued but unpaid interest , from the previously announced amount of $1.5 billion to $2 billion and the maximum aggregate purchase price of its 2.70 [...]
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