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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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September 24, 2014
08:00 EDTOXYOccidental Petroleum added to US 1 List at BofA/Merrill
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September 17, 2014
12:42 EDTOXYOccidental 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 EDTOXYOn The Fly: Analyst Downgrade Summary
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05:36 EDTOXYOccidental 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.

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