Occidental Petroleum Corp. (OXY) may consider selling its overseas assets or splitting into three separate companies in order to fund a stock buyback and improve its share price, Chief Executive Steve Chazen told investors this week.
Irani was chairman and CEO from 1990 to 2011 and became executive chairman in May 2011. The company said Friday that another director, Aziz Syriani, withdrew before the election at the company's annual meeting. Occidental said Edward P. Djerejian, ...
Some have suggested that Occidental Petroleum, the fourth-largest United States oil and gas company after Exxon Mobil, Chevron and ConocoPhillips, should spin off some of its operations or move some units into master limited partnerships to improve ...
Zacks' analyst wrote, �We maintain our Neutral recommendation on Occidental Petroleum Corporation, mainly based on stringent regulations, risks related to the oil exploration and production infrastructure damages, and over-reliance on crude oil price ...
Leon Cooperman initiated holdings in Occidental Petroleum Corporation. His purchase prices were between $76.61 and $88.68, with an estimated average price of $82.97.
Occidental Petroleum Corporation ( OXY - Analyst Report ) reported first-quarter 2013 pro forma earnings of $1.69, beating the Zacks Consensus Estimate by 12 cents.
Occidental Petroleum Corporation (NYSE:OXY) said today that its 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.
(Reuters) - Occidental Petroleum Corp (OXY.N), the fourth-largest U.S. oil company, reported a higher-than-expected quarterly profit as it cut costs to blunt the impact of low natural gas prices.
LOS ANGELES�The chairman of Occidental Petroleum Corp., who drew criticism over his compensation as CEO, is out. Ray R. Irani will step down and be replaced by a former diplomat, Occidental announced Friday after its annual meeting.
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