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Stock Market & Financial Investment News

News Breaks
January 8, 2013
14:47 EDTOXYOccidental Petroleum plans to grow oil and gas production by 5-8% year
the company said it intends to maximize shareholder value by growing our oil and gas production by 5% to 8% per year on average over the long term.
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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