HOUSTON, April 24, 2019 /PRNewswire/ -- Anadarko Petroleum Corp. today confirmed that it has received an unsolicited proposal from Occidental Petroleum Corp. on April 24, 2019 under which Anadarko shareholders would receive $38.00 in cash and 0.6094 shares of Occidental common stock for each share of Anadarko common stock. As previously announced on April 12, 2019, following unanimous approval from the Company's board of [...]
$76.00 Per Share Cash and Stock Proposal Represents Premium of Approximately 20% to Current Value of Transaction Accepted by Anadarko Would Create a $100+ Billion Global Energy Leader with over 1.4 Million Boe/d of Production to Drive Significant Value and Returns for Occidental and Anadarko Shareholders Expected to Be Accretive to Cash Flow and Free Cash Flow Year-one, and Deliver $3.5 Billion of Free Cash Flow [...]
Occidental Petroleum Corp. will announce its first quarter 2019 financial results after close of market on Monday, May 6, 2019, and will hold a conference call to discuss results on Tuesday, May 7, 2019, at 12 p.m. Eastern/11 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 dpregister.com/10130034 [...]
Occidental Petroleum Corp. said today that its Board of Directors has declared a regular quarterly dividend of $0.78 per share on common stock payable on April 15, 2019, to stockholders of record as of March 11, 2019. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.12 per share. About Occidental Petroleum [...]
Occidental Petroleum Corp. today announced its fourth quarter and full year 2018 results. The announcement, financial schedules and accompanying slides can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the Securities and Exchange Commission's website at sec.gov. The company will hold a conference call on Wednesday, February 13, 2019, at 12 [...]
Occidental Petroleum Corp. will announce its fourth quarter 2018 financial results after close of market on Tuesday, February 12, 2019, and will hold a conference call to discuss results on Wednesday, February 13, 2019, at 12 p.m. Eastern/11 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at www.oxy.com/investors. Participants may pre-register for the conference call at [...]
DURHAM, North Carolina and NET Power, LLC, and Oxy Low Carbon Ventures, LLC , a subsidiary of Occidental Petroleum Corp. , today announced they have reached an investment agreement, subject to regulatory approval. The investment will advance the development of NET Power's low-cost, natural gas electric power system that generates no atmospheric emissions and inherently captures all carbon dioxide . Upon receiving [...]
Occidental Petroleum Corp. today announced its third quarter 2018 results. The announcement, financial schedules and accompanying slides can be accessed via the Investor Relations section of the company’s website, www.oxy.com. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov. The company will hold a conference call on Tuesday, November 6, 2018, at 12 p.m [...]
Occidental Petroleum Corp. said today that its Board of Directors has declared a regular quarterly dividend of $0.78 per share on common stock payable on January 15, 2019, to stockholders of record as of December 10, 2018. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.12 per share. About Occidental Petroleum [...]
Occidental Petroleum Corp. today confirmed it will no longer pursue the extension of the Idd El-Sharghi North Dome offshore field in Qatar, which expires in October 2019. “We have been honored to partner with Qatar Petroleum for more than 20 years on the development of the ISND field. During our operatorship, we have significantly increased production while being recognized as a leader in safety performance and the [...]
Occidental Petroleum Corp. will announce its third quarter 2018 financial results after close of market on Monday, November 5, 2018, and will hold a conference call to discuss results on Tuesday, November 6, 2018, at 12 p.m. Eastern/11 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at www.oxy.com/investors. Participants may pre-register for the conference call at [...]
Occidental Petroleum Corp. today announced its second quarter 2018 results. The announcement, financial schedules and accompanying slides can be accessed via the Investor Relations section of the company’s website, www.oxy.com. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov. The company will hold a conference call on Thursday, August 9, 2018, at 11 a.m [...]