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Stock Market & Financial Investment News

News Breaks
February 16, 2014
22:30 EDTOXYOccidental Petroleum shares could jump 25%, Barron's says
Occidental Petroleum's breakup could drive the stock 25% higher, Barron's argues in a follow up article. Reference Link
News For OXY From The Last 14 Days
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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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