Occidental Petroleum Corporation (NYSE:OXY) announced today that it has received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 2 million shares of Occidental common stock, which represents approximately 0.26 percent of the shares outstanding as of the October 20, 2017, offer date. Occidental does not endorse this unsolicited offer, has no association with TRC [...]
Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.77 per share on common stock payable on January 16, 2018, to stockholders of record as of December 11, 2017. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.08 per share. About Occidental [...]
Occidental Petroleum Corporation (NYSE:OXY) announced third quarter 2017 business impacts of Hurricane Harvey as operations have returned to pre-storm levels. Overall, the storm caused minimal disruptions to operations and Occidental expects this one-time financial and production impact to be limited to the third quarter. The company experienced Hurricane Harvey business impacts within the Chemicals, Midstream and Permian [...]
Occidental Petroleum Corporation (NYSE:OXY) will announce its third quarter 2017 financial results after close of market on Wednesday, November 1, 2017, and will hold a conference call to discuss results on Thursday, November 2, 2017, at 11 a.m. Eastern / 10 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at www.oxy.com/investors [...]
Occidental Petroleum Corporation (NYSE:OXY) today announced its second quarter 2017 financial results on its website, www.oxy.com. The announcement, financial schedules and accompanying slides can be accessed via the Investor Relations section of the website. 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 Thursday, August [...]
Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared an increase of the company’s regular quarterly dividend to $0.77 per share. On an annual basis, the dividend is $3.08 per share at the new rate, compared to the previous annual rate of $3.04 per share. President and Chief Executive Officer Vicki Hollub said, “Occidental has now increased its dividend every year for [...]
Occidental Petroleum Corporation (NYSE:OXY) will announce its second quarter 2017 financial results after close of market on Wednesday, August 2, 2017, and will hold a conference call to discuss results on Thursday, August 3, 2017, at 11 a.m. Eastern / 10 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at www.oxy.com/investors [...]
Occidental Petroleum Corporation (NYSE:OXY) announced today that it has agreed to a number of purchase and sale transactions in the Permian Basin. On a combined basis, these transactions require no net cash outlay and add approximately 3,500 barrels of oil equivalent per day to the Company’s production. Occidental will reduce its Permian Resources position by 13,000 net acres, divesting non-strategic acreage in [...]
Occidental Petroleum Corporation (NYSE:OXY) announced today that Cedric W. Burgher has been appointed Chief Financial Officer. Mr. Burgher most recently served as a Senior Vice President at EOG Resources, where he led investor relations and reported directly to the Chief Executive Officer. He replaces Chris Stavros, who is retiring from Occidental. “Cedric has tremendous financial leadership experience at some of [...]
Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $.76 per share on common stock payable on July 14, 2017, to stockholders of record as of June 9, 2017. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.04 per share. About Occidental Petroleum [...]
Occidental Petroleum Corporation (NYSE:OXY) today announced its first quarter 2017 financial results on its website, www.oxy.com. The announcement and financial schedules can be accessed via the investor relations section of the website. 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 at 11 a.m. Eastern / 10 a.m. Central [...]
Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on May 4, 2017, at 11 a.m. Eastern / 10 a.m. Central, following the release of its first quarter 2017 financial results. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at www.oxy.com/investors. Participants may pre-register for the conference call at [...]
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