Key Developments: Occidental Petroleum Corp (OXY)
92.84USD
17 May 2013
$1.81 (+1.99%)
$91.03
$91.14
$92.84
$90.67
6,480,289
5,901,994
$93.60
$72.43
Latest Key Developments (Source: Significant Developments)
Occidental Petroleum Corp Announces Dividend
Occidental Petroleum Corp announced that Board Of Directors has declared a regular quarterly dividend of $.64 per share on common stock payable on July 15, 2013, to stockholders of record as of June 10, 2013. Full Article
Occidental Petroleum Corp Increases Dividend
Occidental Petroleum Corp announced that its Board of Directors has increased the Company's dividend 18.5% to an annual rate of $2.56 per share, from the previous annual rate of $2.16 per share. This increase brings the Company's compound annual dividend growth rate over the last 11 years to 16%. Full Article
Occidental Petroleum Corp Comments On Q4 2012 Production Guidance-Conference Call
Occidental Petroleum Corp announced that production expectations in the fourth quarter 2012, over the last year, it has achieved goal of increasing domestic production by 6000 to 8000 barrels equivalent per day quarter-over-quarter last year. The Company expects fourth-quarter oil production to grow by about this much. However, the expected decline in gas production resulting from the change in capital program focus I discussed earlier, may offset some of the increased oil production on an equivalent barrels per day basis. Full Article
Occidental Petroleum Corp Announces Dividend
Occidental Petroleum Corp announced that its board of directors has declared a regular quarterly dividend of $.54 per share on common stock payable on January 15, 2013, to stockholders of record as of December 10, 2012. Full Article
Occidental Petroleum Corporation Comments On H2 2012 Production Guidance-Conference Call
Occidental Petroleum Corporation announced that over the past year it has generally achieved 6,000 to 8,000 barrel a day quarter-over-quarter domestic production increase. The Company expects that it will achieve the high end of this range increase throughout the rest of fiscal 2012 (second half of 2012), which will give an entry rate into the new year of at least 480,000 barrels a day. Full Article
Occidental Petroleum Corporation Names Cynthia L. Walker As Chief Financial Officer
Occidental Petroleum Corporation announced the appointment of Cynthia L. Walker as Executive Vice President and Chief Financial Officer, effective August 6, 2012. Ms. Walker will assume the position from James M. Lienert, who has been Occidental`s Chief Financial Officer for the past two years. Mr. Lienert will continue with the Company as Executive Vice President - Business Support. Full Article
Occidental Petroleum Corporation Announces Dividend
Occidental Petroleum Corporation announced that its Board of Directors has declared a regular quarterly dividend of $.54 per share on common stock payable on October 15, 2012, to stockholders of record as of September 10, 2012. Full Article
Occidental Petroleum Corporation Announces Dividend
Occidental Petroleum Corporation announced that its Board of Directors has declared a regular quarterly dividend of $.54 per share on common stock payable on July 15, 2012, to stockholders of record as of June 8, 2012. Full Article
Occidental Petroleum Corporation Comments On Q2 2012 Production Guidance-Conference Call
Occidental Petroleum Corporation announced that it expects second-quarter 2012 production to increase modestly over first-quarter 2012 volumes. The Company expects sales and production volumes in the second quarter of 2012 to be about equal, subject to scheduling and liftings. Full Article
Occidental Petroleum Corp Issues Q2 2012 Production Guidance; Comments On FY 2012 Production Guidance-Conference Call
Occidental Petroleum Corp announced that it expects the second quarter 2012 daily volumes to be about 11,000 barrels a day and expects production to increase gradually during the course of fiscal 2012, reaching the historic levels of about 14,000 barrels a day by year end. Full Article
UPDATE 4-Occidental shareholders vote out long-time chairman Irani
* Clears path for Chazen to cut costs before 2014 departure

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