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Stock Market & Financial Investment News

News Breaks
January 8, 2013
14:44 EDTOXYOccidental Petroleum says cost savings to be noticeable in Q4 results
The company added that the reduction in costs will become very visible by 1Q13.
News For OXY From The Last 14 Days
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May 6, 2015
10:37 EDTOXYOccidental Petroleum says repurchasing shares on price weakness
10:37 EDTOXYOccidental Petroleum sees FY15 CapEx below previous guidance
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10:11 EDTOXYOccidental Petroleum sees Q2 U.S. oil production up by 5,000 BOD
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07:12 EDTOXYOccidental Petroleum raises FY15 average production growth view to 60K-80K boepd
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07:02 EDTOXYOccidental Petroleum reports Q1 core EPS 4c, consensus 4c
Reports Q1 revenue $3.09B, consensus $3.3B. Q1 year-over-year quarterly production grew 72,000 barrels of oil equivalent per day, or 13%, to 645,000 barrels of oil equivalent per day.
May 5, 2015
16:40 EDTOXYOccidental Petroleum approves plan for Vicki Hollub to succeed Chazen as CEO
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16:26 EDTOXYOccidental Petroleum raises dividend to $3.00 per share from $2.88 per share
Occidental Petroleum announced that its board has authorized an increase of the company’s dividend to an annual rate of $3.00 per share, from the previous annual rate of $2.88 per share. The 75c per share quarterly dividend will be payable on July 15, to stockholders of record as of June 10.
15:02 EDTOXYNotable companies reporting before tomorrow's open
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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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