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Stock Market & Financial Investment News

News Breaks
January 31, 2013
11:36 EDTOXYOccidental Petroleum expects 2013 domestic oil production up 8%-10%
Says with lower drilling on gas properties, expects gas and NGL production to decline somewhat. Says planned plant turnarounds in the Permian CO2 business will cause additional volatility to production in the first half of the year. Comments from presentation slides.
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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