Occidental Petroleum Corp (OXY.N)
21 Sep 2018
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.
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.
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.
HOUSTON U.S. oil producer Occidental Petroleum Corp posted a better-than-expected quarterly profit on Wednesday as rising crude prices helped offset a production dip.
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.
July 24 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.
* SAYS PRODUCTION FORECAST ASSUMES $63/BARREL WTI OIL PRICE AND $67 BRENT PRICE FOR REST OF YEAR
* OCCIDENTAL PETROLEUM SEES Q2 OIL & GAS SEGMENT TOTAL PRODUCTION OF 628 MBOED – 648 MBOED
* REPORTED AND CORE INCOME FOR THE FIRST QUARTER OF 2018 OF $708 MILLION, OR $0.92 PER DILUTED SHARE
HOUSTON, May 8 U.S. oil producer Occidental Petroleum Corp posted better-than-expected quarterly results on Tuesday, with profit jumping more than six-fold on rising crude prices, cost cuts and improving chemical sales.
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