Welcome to our dedicated page for Occidental Pet news (Ticker: OXY), a resource for investors and traders seeking the latest updates and insights on Occidental Pet stock.
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 Petroleum Corporation (NYSE: OXY) has initiated cash Tender Offers for its outstanding senior notes, totaling an aggregate maximum purchase price of $1.5 billion, as detailed in its June 25, 2020 press release. The tender includes various senior notes due from 2021 to 2022, with early tender holders eligible for additional premiums. The offers will expire on July 23, 2020, unless extended. The offers are subject to conditions, including a concurrent offering yielding at least $1.475 billion.
Occidental Petroleum Corporation (NYSE: OXY) has announced a quarterly dividend of $0.01 per share on common stock, payable on July 15, 2020, to shareholders of record as of June 15, 2020. This marks a significant adjustment from the previous dividend of $0.11 per share declared on March 10, 2020. Occidental, a leading energy company in the U.S., continues to manage operations across various regions while focusing on sustainability and reducing emissions through its subsidiaries.