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Stock Market & Financial Investment News

News Breaks
November 27, 2012
07:35 EDTOXYOccidental Petroleum management to meet with Deutsche Bank
Meeting to be held in Boston on November 27 hosted by Deutsche Bank.
News For OXY From The Last 14 Days
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July 30, 2015
10:16 EDTOXYOccidental Petroleum expects to complete 100 horizontal wells in 2H15
10:16 EDTOXYOccidental Petroleum raises FY15 production to 660K-670K boed
The company's previous production guidance was 650K-660K boed. Sees FY15 domestic oil production growth of 8%.
10:14 EDTOXYOccidental Petroleum sees Q3 intl volumes to increase by 10K boed
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10:13 EDTOXYOccidental Petroleum sees Q3 US production from Permian to grow 5% sequentially
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10:11 EDTOXYOccidental Petroleum expects to exit 2015 with spending rate of $1B-$1.2B
If prices remain at current levels, 2016 capital will be less than both 2015 full year and Q4 run rate. Expects that going forward, operating cash flow will cover CapEx and dividend payments, assuming $60 per barrel oil price realizations.
10:10 EDTOXYOccidental Petroleum expects production to grow at 30% annual rate of 30%
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10:09 EDTOXYOccidental Petroleum reports $450M of captured cost savings year-to-date
The capital savings was re-deployed into additional activity in Permian Basin. Comments taken from slides for Q2 earnings conference call.
07:19 EDTOXYOccidental Petroleum reports Q2 core EPS 21c, consensus 21c
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