Occidental Pet Stock Price, News & Analysis

Occidental (NYSE: OXY) announced a quarterly dividend increase to $0.13 per share, payable on April 15, 2022, to stockholders of record by March 10, 2022. This new annual rate of $0.52 marks a significant rise from the previous $0.04 per share. The CEO, Vicki Hollub, emphasized the company’s commitment to returning capital to shareholders as it works to reduce net debt and strengthen its balance sheet.

Occidental (NYSE: OXY) reported its fourth quarter 2021 financial results on February 24, 2022. The announcement is accessible through the company's Investor Relations website. A conference call will be held on February 25, 2022, at 1 PM Eastern for further discussion. Occidental is a major player in the energy sector, with significant operations across the U.S. and internationally. The company focuses not only on oil production but also on carbon management and innovative technologies aimed at reducing emissions. For additional details, visit oxy.com.

Occidental (NYSE: OXY) will announce its fourth quarter 2021 financial results after the market closes on February 24, 2022. A conference call to discuss the results is scheduled for February 25, 2022, at 1 p.m. Eastern. Participants can join the call by dialing 1-866-871-6512 or through a webcast available on the company's investor relations website.

Financial results will be accessible via the Investor Relations section, and a recording of the webcast will be posted shortly after the call.

Occidental (NYSE:OXY) will conduct its OLCV Investor Update on March 23, 2022, at 10 a.m. Eastern. This event will present a comprehensive overview of Occidental's low-carbon strategy, focusing on direct air capture technology, its commercialization, and additional carbon reduction solutions. Participants can join via webcast or conference call. Occidental is a prominent energy company, recognized as one of the largest oil producers in the U.S., with a commitment to advancing carbon management and reducing emissions.

On December 9, 2021, Occidental (NYSE: OXY) announced the completion of its cash tender offers for various Series of outstanding notes, which expired on December 8, 2021. The company received valid tenders totaling approximately $1.9 billion and accepted them across multiple Series, with the aggregate principal amount accepted amounting to approximately $1.4 billion. Notably, all validly tendered Notes were accepted for purchase. Settlement for the accepted Notes occurred on December 9, and for guaranteed delivery procedures, it is expected to finalize by December 13, 2021.

Occidental (NYSE: OXY) announced cash tender offers to purchase up to $2.0 billion of its outstanding notes. This includes principal and premium, excluding accrued interest. The offers are subject to conditions outlined in the Offer to Purchase dated December 2, 2021. The expiration date for these offers is set for December 8, 2021, unless extended. The acceptance of notes will be based on specified priority levels. Holders can withdraw their tenders until the expiration time. Settlement for accepted notes is expected on December 9, 2021. Wells Fargo Securities leads as the Dealer Manager.

Oxy Low Carbon Ventures announced a contract award to Worley for a groundbreaking project in British Columbia aimed at producing up to 100 million litres of ultra-low carbon fuel annually. Utilizing Direct Air Capture technology, the facility is expected to serve hard-to-decarbonize sectors like marine and transportation. The project, developed with Huron Clean Energy, is slated to begin construction in 2023 and become operational by 2026. This initiative underlines Oxy's commitment to advancing low-carbon technologies and reducing emissions.

Occidental (NYSE: OXY) reported its third quarter 2021 financial results, highlighting its position as a major player in oil production across the U.S. and internationally. The company showcases its diversified operations, including significant activities in the Permian Basin and Gulf of Mexico. Occidental emphasizes its commitment to advancing carbon management technologies through its Oxy Low Carbon Ventures subsidiary. A conference call is scheduled for November 5, 2021, at 1 p.m. Eastern to discuss these results in detail.

Occidental (NYSE: OXY) announced a quarterly dividend of $0.01 per share, payable on January 14, 2022, to shareholders on record as of December 10, 2021. The company, based in Houston, is a major player in the energy sector with extensive operations in oil production across the U.S., including the Permian Basin and Gulf of Mexico. Occidental emphasizes its commitment to advancing lower-carbon technologies through its subsidiary Oxy Low Carbon Ventures, aiming to enhance sustainability while maximizing asset value.