NYSE:OXYOil and Gas
Occidental CEO Change Refocuses OXY On Carbon Management And Valuation Gap
Occidental Petroleum has appointed Richard Jackson as CEO, succeeding Vicki Hollub.
The leadership change comes shortly after the sale of OxyChem, the company’s chemical business.
The move highlights a shift toward carbon management and balance sheet transformation at NYSE:OXY.
Occidental Petroleum, trading at $62.94, is entering this leadership transition after a strong run, with shares up 16.1% over the past 30 days, 48.5% year to date, and 78.1% over the past year. For readers tracking...