|December 5, 2012|
|18:08 EDT||OXY||Occidental 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
Check below for free stories on OXY the last two weeks.
|September 17, 2014|
|12:42 EDT||OXY||Occidental in discussions to sell Dolphin Energy stake to Mubadala, WSJ says|
Occidental Petroleum is in discussions to sell at least 20% of its 24.5% stake in Dolphin Energy to Mubadala, The Wall Street Journal reports, citing people familiar with the matter. Occidental could complete the sale before the end of the year, and Mubadala is eager to do the deal and they may want to buy Occidental's entire stake, the people added. Occidental is also in discussions to sell up to 30% of its stake in the Shah natural gas project to Mubadala. Reference Link
|September 16, 2014|
|09:59 EDT||OXY||On The Fly: Analyst Downgrade Summary|
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|05:36 EDT||OXY||Occidental Petroleum downgraded to Equal Weight from Overweight at Barclays|
Barclays downgraded Occidental Petroleum to Equal Weight saying the company's restructuring could disappoint. The firm believes Occidental's U.S. onshore assets are unlikely to attract a premium and it lowered its price target for shares to $109 from $117.
|September 15, 2014|
|13:51 EDT||OXY||Occidental chemical unit to pay $190M in Passaic River cleanup, Bloomberg says |
According to New Jersey state officials, Occidental Petroleum's chemical unit agreed to pay $190M to cover its liability in the cleanup of industrial contamination in the Passaic River in New Jersey, says Bloomberg Businessweek. Reference Link