Occidental Announces Dividend
Rhea-AI Summary
Occidental (NYSE: OXY) has announced a regular quarterly dividend payment of $0.24 per share on its common stock. The dividend will be paid on July 15, 2025, to shareholders who are recorded as stockholders as of the close of business on June 10, 2025. This dividend declaration demonstrates Occidental's commitment to providing regular returns to its shareholders through quarterly dividend distributions.
Positive
- Regular quarterly dividend maintained at $0.24 per share, showing consistent shareholder returns
- Company maintains financial stability to continue dividend payments
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, OXY gained 2.61%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of
About Occidental
Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of America. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas, and includes our Oxy Low Carbon Ventures subsidiary, which is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. We are dedicated to using our global leadership in carbon management to advance a lower-carbon world. Visit Oxy.com for more information.
Contacts
| Media | Investors | |
| Eric Moses 713-497-2017 eric_moses@oxy.com | R. Jordan Tanner 713-552-8811 investors@oxy.com |