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Stock Market & Financial Investment News

News Breaks
July 2, 2014
16:02 EDTOXYOccidental ends Middle East stake sale effort without deal, Bloomberg says
Occidental Petroleumís attempt to raise as much as $8B by selling a 40% stake in its Middle East business has ended without a deal, said Bloomberg, citing people with knowledge of the matter. The report added that the company is now looking to sell some assets piecemeal, with one source saying Occidental could fetch as much as $1B for the smaller sales. Reference Link
News For OXY From The Last 14 Days
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July 31, 2014
10:04 EDTOXYOccidental Petroleum sees Permian Resources growth of 15%-18% in 2014
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10:02 EDTOXYOccidental Petroleum sees Q3 production of 15,000-17,000 boe/d sequentially
Sees Q3 domestic total production of 5,000-7,000 boe/d growth; Sees Q3 domestic oil 6,000-8,000 bbls/d growth. Sees modest increase in NGLs and modest decline in natural gas for domestic Q3 production. Sees production and sales volumes to increase 10,000 boe/d internationally. Sees Q3 exploration expense of $100M. Comments taken from slides for Q2 earnings conference call.
07:03 EDTOXYOccidental Petroleum reports Q2 core EPS $1.79, consensus $1.75
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July 30, 2014
15:40 EDTOXYNotable companies reporting before tomorrow's open
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