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Occidental Petroleum Corporation reports developments for an international energy company that produces, markets and transports oil and natural gas and operates primarily in the United States, the Middle East and North Africa. Company news centers on quarterly financial results, production performance, reserves, midstream and marketing activity, and capital spending.
Recurring updates also cover regular common-stock dividends, senior note and debenture tender offers, consent solicitations, debt-reduction actions, Gulf of America exploration activity, and governance matters such as management succession planning. Occidental also describes its carbon management work and lower-carbon technologies as part of its broader energy portfolio.
Occidental (NYSE: OXY) announced that its second quarter 2026 financial results are available on its Investor Relations site at oxy.com and on sec.gov. The company will host a conference call to discuss the results on Thursday, August 6, 2026, at 1 p.m. Eastern/12 p.m. Central, accessible by phone and webcast, with a replay posted afterward.
Occidental (NYSE: OXY) appointed Brad Pollack as Senior Vice President and General Counsel, effective August 1, 2026, to lead the company’s global legal department. Pollack succeeds Sylvia Kerrigan in a planned transition and currently serves as Vice President and Deputy General Counsel.
Kerrigan will remain Senior Vice President and Chief Legal Officer through the end of 2026 and act as a senior strategic adviser through 2027. According to Occidental, Kerrigan’s team supported strategic moves such as the CrownRock acquisition and OxyChem divestiture, liability reduction, and balance sheet strengthening.
Occidental (NYSE: OXY) will release its second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026. A conference call to discuss the results will be held on Thursday, August 6, 2026 at 1 p.m. Eastern, accessible by phone and webcast.
Occidental (NYSE: OXY) announced its first quarter 2026 financial results on May 5, 2026 and published the earnings release and schedules online. A conference call to discuss results is scheduled for May 6, 2026 at 1 p.m. ET, with webcast and dial‑in access and a recording to follow.
Occidental (NYSE: OXY) announced that Vicki Hollub will retire as President and CEO effective June 1, 2026. Senior Vice President and Chief Operating Officer Richard Jackson will succeed her and join the Board on that date. Hollub will remain on the Board after retirement to support continuity.
Jackson joined Occidental in 2003 and has held multiple leadership roles; as COO he emphasized operational execution, well performance, and cost efficiency.
Occidental (NYSE: OXY) announced that its Board declared a regular quarterly dividend of $0.26 per share on common stock. The dividend is payable on July 15, 2026 to holders of record at the close of business on June 10, 2026.
Occidental (NYSE: OXY) announced an oil discovery at the Bandit prospect in the Gulf of America on April 9, 2026. The exploration well in Green Canyon Block 680 encountered high-quality, full-to-base oil-bearing Miocene sands.
Occidental operates Bandit with a 45.375% working interest; co-owners are Chevron U.S.A. (37.125%) and Woodside Energy (17.5%). Co-owners are evaluating results to determine next steps. The discovery could allow subsea tie-backs to an adjacent Occidental-operated facility and nearby infrastructure, supporting the company’s Gulf portfolio strategy.
Occidental (NYSE: OXY) will announce its first quarter 2026 financial results after market close on Tuesday, May 5, 2026, and will host a conference call on Wednesday, May 6, 2026, at 1:00 p.m. Eastern. Investors can join by phone or webcast at oxy.com/investors, and a recording will be posted on the Investor Relations website within several hours after the call.
Occidental (NYSE: OXY) announced the Total Consideration payable for its cash tender offers and consent solicitations for certain senior notes and debentures, with Early Settlement on March 9, 2026. Early Tender Premium of $30 per $1,000 was included for early tenders accepted by March 4, 2026.
Key accepted principal amounts include $843,259,000 of 6.125% 2031 notes and $335,208,000 of 6.625% 2030 notes; total consideration per $1,000 ranged from $612.42 to $1,086.83.
Occidental (NYSE: OXY) announced early tender results and an increase in the maximum aggregate principal amount it will accept from $700,000,000 to $1,200,000,000 for cash tender offers and consent solicitations for certain senior notes and debentures.
As of 5:00 p.m. ET on March 4, 2026, Occidental accepted valid tenders up to the Aggregate Cap, announced proration on the 6.625% 2030 notes, and received the requisite consent for amendments to the 6.125% 2031 notes.