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Occidental Petroleum Corp (OXY.N)

OXY.N on New York Stock Exchange

79.23USD
20 Sep 2018
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Thu, Aug 9 2018

UPDATE 1-Permian producer Occidental raises capex budget, investors balk

Aug 9 Occidental Petroleum Corp, the largest oil and gas producer in the Permian basin, on Thursday said it was raising its capital spending sharply but it maintained a tepid production forecast for the year, causing investors to send its shares down as much 6.3 percent.

Occidental Petroleum shares fall after capital expenditure rise

Shares of Occidental Petroleum Corp, the largest oil and gas producer in the Permian basin, fell as much as 6 percent on Thursday after the company raised its capital expenditure budget for the year by $1.1 billion.

Occidental Petroleum shares fall after capital expenditure rise

Aug 9 Shares of Occidental Petroleum Corp , the largest oil and gas producer in the Permian basin, fell as much as 6 percent on Thursday after the company raised its capital expenditure budget for the year by $1.1 billion.

Occidental Petroleum profit beats expectations on rising oil price

(In this Aug 8 story clarifies that production rose in paragraph one. In paragraph four, corrects to production rose, not fell, and that output increased in Oman, not decreased.)

CORRECTED-UPDATE 1-Occidental Petroleum profit beats expectations on rising oil price

HOUSTON, Aug 8 U.S. oil producer Occidental Petroleum Corp posted a better-than-expected quarterly profit on Wednesday on rising crude prices and production.

Occidental Petroleum Q2 profit jumps 67 percent on rising oil price

HOUSTON, Aug 8 U.S. oil producer Occidental Petroleum Corp said on Wednesday its quarterly profit jumped 67 percent largely due to rising crude prices.

Exclusive: Occidental Petroleum explores sale of pipeline assets - sources

Occidental Petroleum Corp is exploring a sale of its pipeline assets, hoping to fetch more than $5 billion and free up capital to invest in exploration and production as oil prices rebound, people familiar with the matter said on Tuesday.

BRIEF-Occidental Petroleum Says Aims To Continue Dividend Increases

* SAYS PRODUCTION FORECAST ASSUMES $63/BARREL WTI OIL PRICE AND $67 BRENT PRICE FOR REST OF YEAR

BRIEF-Occidental Petroleum Sees 2018 Oil & Gas Segment Total Production Of 645 – 665 Mboed

* OCCIDENTAL PETROLEUM SEES Q2 OIL & GAS SEGMENT TOTAL PRODUCTION OF 628 MBOED – 648 MBOED

BRIEF-Occidental Petroleum Q1 Core Income Of $0.92 Per Diluted Share

* REPORTED AND CORE INCOME FOR THE FIRST QUARTER OF 2018 OF $708 MILLION, OR $0.92 PER DILUTED SHARE

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