Edition:
United Kingdom

Occidental Petroleum Corp (OXY.N)

OXY.N on New York Stock Exchange

79.60USD
21 Sep 2018
Change (% chg)

$0.37 (+0.47%)
Prev Close
$79.23
Open
$79.63
Day's High
$79.76
Day's Low
$78.31
Volume
3,754,138
Avg. Vol
1,145,685
52-wk High
$87.67
52-wk Low
$62.29

Latest Key Developments (Source: Significant Developments)

Occidental Petroleum Increases Dividend
Thursday, 12 Jul 2018 

Occidental Petroleum Corp ::OCCIDENTAL PETROLEUM INCREASES DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.78PER SHARE.  Full Article

Occidental Petroleum Says Aims To Continue Dividend Increases
Wednesday, 9 May 2018 

May 9 (Reuters) - Occidental Petroleum Corp ::SAYS PRODUCTION FORECAST ASSUMES $63/BARREL WTI OIL PRICE CLc1 AND $67 BRENT PRICE LCoc1 FOR REST OF YEAR.CHIEF EXECUTIVE VICKI HOLLUB SAYS NO DECISION YET ON WHETHER TO INCREASE 2018 CAPITAL BUDGET.SAYS ON ITS DIVIDEND 'WOULD LOOK TO CONTINUE WITH MODEST INCREASES'.CEO SAYS HAS NOT SEEN, AND DOES NOT EXPECT, ANY IMPACT ON QATAR OPERATIONS FROM GULF EMBARGO OF THAT COUNTRY.  Full Article

Occidental CEO sees 5-8 pct output growth at $50/barrel oil
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Occidental Petroleum Corp :Chief Executive Vicki Hollub says with oil prices CLc1 at $50/barrel can grow production 5 to 8 percent.CEO says would be open to share buybacks in the future.  Full Article

Occidental Petroleum Corp reports qtrly core earnings per share $0.18
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Occidental Petroleum Corp :Occidental Petroleum Corp - reported net income of $190 million, or $0.25 per diluted share, for the third quarter of 2017‍​.Occidental Petroleum Corp qtrly core earnings per share $0.18 ‍​.Occidental Petroleum Corp - q3 average worldwide realized crude oil prices were $46.19 per barrel , a decrease of 1 percent compared with q2 2017.Occidental Petroleum Corp - chemical pre-tax income for q3 2017 of $200 million was negatively impacted by Hurricane Harvey by approximately $60 million‍​.Occidental Petroleum Corp - q3 total average daily production volumes were 600,000 boe, compared to 601,000 boe in the second quarter of 2017.Occidental Petroleum Corp qtrly revenue $2,999‍​ million versus $2,648 million.Q3 earnings per share view $0.11, revenue view $3.09 billion -- Thomson Reuters I/B/E/S.Occidental Petroleum Corp - Hurricane Harvey impacted q3 income by $70 million in chemical and midstream segments.Occidental Petroleum Corp - Hurricane Harvey reduced average daily production by 1,000 barrels of oil equivalent in co's permian resources operations in q3.  Full Article

Centurion's oil pipeline shut after spill - regulator
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - US pipeline regulator PHMSA::Centurion's oil pipeline shut down after Oklahoma spill.  Full Article

Iraq's Basra oil Co. takes over Oxy's stake in Zubair oilfield - Basra Oil
Sunday, 28 May 2017 

May 28 (Reuters) - Eni Spa , :Basra Oil Co. takes over Oxy's stake in Zubair oilfield .Basra Oil director general Hayyan Abdul Ghani tells Reuters.Basra Oil becomes Eni's partner in Zubair, southern Iraq.Eni remains main operator under agreement with Basra Oil.Eni, Basra Oil accord signed in Basra city on Sunday.  Full Article

Occidental Petroleum sets regular quarterly dividend of $0.76per share
Thursday, 11 May 2017 

May 11 (Reuters) - Occidental Petroleum Corp :Sets regular quarterly dividend of $0.76per share.  Full Article

Oxy CEO says goal is to cover dividend with cash flow by 2018
Tuesday, 1 Nov 2016 

Occidental Petroleum Corp : CEO expects 2017 capital spending should be between $3.3 billion and $3.8 billion . CEO says views 2017 as a transition year . CEO says goal is to cover dividend with cash flow by 2018 . Chief Executive Vicki Hollub says has exited Bahrain and Iraq contracts .CEO says making progress on exiting Libya contract.  Full Article

Occidental Petroleum posts Q3 core shr loss $0.15
Tuesday, 1 Nov 2016 

Occidental Petroleum Corp : Occidental Petroleum Corp - reported a loss of $241 million or $0.32 per diluted share for the third quarter of 2016 . Occidental Petroleum Corp - qtrly core loss per share $0.15 . Q3 earnings per share view $-0.11 -- Thomson Reuters I/B/E/S .Occidental petroleum announces 3rd quarter 2016 results.  Full Article

Photo

In U-turn, Exxon, Chevron to join industry climate initiative

LONDON Exxon Mobil , Chevron and Occidental Petroleum are joining a group of major international oil and gas companies in an initiative aimed at curbing carbon emissions in the sector, they said in a statement on Thursday.