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Occidental Petroleum Corp (OXY.N)

OXY.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Occidental Petroleum CEO expects continued dividend growth
Wednesday, 3 Aug 2016 

Occidental Petroleum Corp : Chief Executive Vicki Hollub says expects oil price environment to be 'challenging' through 2017 . CEO says most cost reductions come from efficiency gains, not lower service prices . CEO says does not expect to exceed $3 billion capex budget for 2016 . CEO says interested in buying additional EOR assets . CEO says asset prices seem 'excessive' now considering low oil prices .CEO says expect continued growth in dividend.  Full Article

Occidental Petroleum announces dividend
Thursday, 14 Jul 2016 

Occidental Petroleum Corp : Occidental Petroleum announces dividend .Authorized an increase of company's dividend to an annual rate of $3.04 per share, from previous annual rate of $3.00 per share.  Full Article

BRIEF-TPG Pace Energy Announces $2.66 Bln Merger With EnerVest's South Texas Division