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Stock Market & Financial Investment News

News Breaks
December 5, 2012
18:08 EDTOXYOccidental Petroleum changes Q4 dividend payment date
Occidental Petroleum has approved a change to the payment date for the company’s regular quarterly dividend in the amount of 54c per share on common stock payable to stockholders of record as of December 10. The dividend will now be payable on December 27 rather than the previously announced payment date of January 15, 2013. No other changes have been made.
News For OXY From The Last 14 Days
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May 1, 2015
13:38 EDTOXYOccidental Petroleum names Eugene Batchelder non-executive chairman
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April 30, 2015
06:13 EDTOXYEnterprise Products and Occidental Petroleum to build natural gas facility
Enterprise Products (EPD) has entered into an agreement with an affiliate of Occidental Petroleum (OXY) to jointly develop a new 150 MMcf/d cryogenic natural gas processing plant to accommodate the growing production of NGL-rich natural gas in the Delaware Basin. The plant will be owned by Delaware Basin Gas Processing LLC, a company owned 50/50 by Enterprise and Occidental. The plant, which is supported by long-term, firm contracts, is expected to begin operations in mid-2016. Enterprise will serve as the construction manager and operator of the Delaware Basin Processing plant. In addition to the processing plant, Enterprise will construct, own and operate a 12-inch diameter pipeline that will transport natural gas liquids from the new facility to one of Enterprise’s NGL pipelines.

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