Duyuru • Aug 08
Occidental Petroleum Corporation Provides Production Guidance for the Third Quarter of 2026 Occidental Petroleum Corporation provided production guidance for the third quarter of 2026. The company expects the second half of the year to reflect continued operational momentum. For the third quarter, the company expects production to range between 1.4 million and 1.44 million BOE per day, supported by the strength of U.S. onshore program and continued execution across the portfolio. Duyuru • Aug 07
Occidental Petroleum Corporation Declares Quarterly Dividend, Payable on October 15, 2026 Occidental Petroleum Corporation Increased quarterly dividend by an additional 8% this year to $0.28 per share, payable October 15, 2026, to stockholders of record as of September 10, 2026. Duyuru • Aug 02
Occidental Announces Executive Changes, Effective August 1, 2026 Occidental announced that Brad Pollack had been appointed Senior Vice President and General Counsel, effective August 1, 2026, overseeing the company’s global legal department. Pollack will succeed Sylvia Kerrigan as part of a planned transition. Kerrigan will remain Senior Vice President and Chief Legal Officer through the end of 2026 and serve as a senior strategic adviser through 2027. Pollack joined Occidental in 2014 and most recently served as Vice President and Deputy General Counsel, overseeing legal support for the company’s U.S. and international operations and commercial development, including acquisitions, divestitures, commercial transactions, midstream and marketing, major projects and supply chain. During his tenure, he held several leadership roles within the legal department and helped advance strategic initiatives across the organization. Pollack also serves on the Board of Directors of Net Power Inc. (NYSE: NPWR), an energy technology and project development company focused on low-carbon gas power solutions. Before joining Occidental, he was a corporate and securities lawyer at Dechert LLP, advising public and private companies in a wide range of legal matters. Kerrigan has served as Occidental’s Chief Legal Officer since 2022, overseeing the company’s global legal and regulatory functions. Under her leadership, her team played a key role in Occidental’s strategic repositioning, including the acquisition of CrownRock and the divestiture of OxyChem, while deepening the department's partnership with business leaders across the enterprise. Her team also helped reduce material liabilities and strengthen the balance sheet, and supported enterprise-wide priorities such as technology adoption, organic portfolio optimization, and geopolitical risk management. Kerrigan has served as a valued advisor to Occidental’s board on matters of corporate governance, drawing on her own experience as a director at publicly listed companies. Duyuru • Jul 02
Occidental Petroleum Corporation to Report Q2, 2026 Results on Aug 05, 2026 Occidental Petroleum Corporation announced that they will report Q2, 2026 results After-Market on Aug 05, 2026 Duyuru • Apr 09
Occidental Announces Oil Discovery At Bandit Prospect In Gulf Of America Occidental announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration well, located in Green Canyon Block 680, encountered high-quality, full-to-base oil-bearing Miocene sands. Bandit is operated by Occidental, which holds a 45.375% working interest, and includes co-owners Chevron U.S.A. Inc. (37.125%) and Woodside Energy (17.5%). The co-owners are currently evaluating results to determine next steps. The discovery has the potential for subsea tie-backs to an adjacent Occidental-operated facility and others in the nearby area. Duyuru • Apr 05
Occidental Petroleum Corporation Announces CEO Changes Occidental Petroleum Corporation announced that CEO Vicki Hollub is retiring, with Richard Jackson appointed as her successor. The leadership change comes as the company sharpens its focus on carbon management and balance sheet transformation. The shift follows the sale of OxyChem, which refocuses the group on its core energy and low carbon businesses. Duyuru • Apr 02
Occidental Petroleum Corporation to Report Q1, 2026 Results on May 05, 2026 Occidental Petroleum Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026 Duyuru • Mar 20
Occidental Petroleum Corporation, Annual General Meeting, May 01, 2026 Occidental Petroleum Corporation, Annual General Meeting, May 01, 2026. Duyuru • Feb 19
Occidental Petroleum Corporation Announces Quarterly Dividend, Payable on April 15, 2026 Occidental Petroleum Corporation Increased quarterly dividend by more than 8% to $0.26 per share, payable April 15, 2026, to stockholders of record as of March 10, 2026; quarterly dividend per share has doubled in the last four years. Duyuru • Jan 06
Occidental Petroleum Corporation to Report Q4, 2025 Results on Feb 18, 2026 Occidental Petroleum Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Duyuru • Jan 02
Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY). Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 1, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary. Berkshire Hathaway, and at the Closing will have, sufficient cash to pay the Closing Purchase Price and any other amounts required to be paid in connection with the consummation of the Transactions and to pay all related fees and expenses that are the responsibility of the Berkshire Hathaway.
The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion.
Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway.
Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) on January 2, 2026. On completion, OxyChem will continue to be managed by Wade Alleman as president and CEO. Duyuru • Nov 12
Occidental Petroleum Corporation Raises Production Guidance for Fourth Quarter of 2025 Occidental Petroleum Corporation raised production guidance for the fourth quarter of 2025. For the quarter, the company raised total company production guidance from last quarter's implied guidance to a midpoint of 1.46 million BOE per day. This is driven by the expectation for continued strong performance across all 3 domestic assets, which should more than offset impacts from a scheduled turnaround at Al Hosn also in the fourth quarter. Duyuru • Nov 06
Occidental Announces Quarterly Dividend, Payable on January 15, 2026 Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on January 15, 2026, to stockholders of record as of the close of business on December 10, 2025. Duyuru • Oct 10
Occidental Petroleum Corporation to Report Q3, 2025 Results on Nov 10, 2025 Occidental Petroleum Corporation announced that they will report Q3, 2025 results After-Market on Nov 10, 2025 Duyuru • Oct 03
Occidental Petroleum Corporation Promotes Richard A. Jackson to Senior Vice President and Chief Operating Officer Occidental Petroleum Corporation announced that its Board of Directors has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, overseeing global oil and gas operations, low-carbon integrated technologies and the midstream and marketing and health, safety and environment functions. He will continue reporting to Vicki Hollub, President and Chief Executive Officer. Jackson was named Senior Vice President and President, U.S. Onshore Resources and Carbon Management, Operations, in 2020. Previously, Jackson served as President and General Manager of the Permian Delaware Basin and EOR, as well as Vice President of Investor Relations and Vice President of Drilling Americas. He has also led Oxy Low Carbon Ventures from its inception, advancing leading-edge technologies, including key areas of emissions measurement, carbon utilization and sequestration, Direct Air Capture and lithium extraction. Jackson serves on the Oil and Gas Climate Initiative’s Climate Investment Board and the American Petroleum Institute’s Upstream Committee. A graduate of Texas A&M University, he holds a Bachelor of Science in Petroleum Engineering. Duyuru • Oct 02
Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion. Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 2, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary.
The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion.
Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway. Duyuru • Oct 01
Berkshire Hathaway Reportedly in Talks to Buy Occidental’s Petrochemical Business Berkshire Hathaway Inc. (NYSE:BRK.A) is negotiating to purchase Occidental Petroleum’s (NYSE:OXY) petrochemical business for approximately $10 billion, according to a report from the Wall Street Journal, citing sources familiar with the discussions. The acquisition of OxyChem could be finalized within days if the talks proceed successfully. Occidental Petroleum, which has a market value of around $46 billion, already has Berkshire as its largest shareholder. The Financial Times had reported on Sunday that Occidental was in discussions to sell OxyChem for $10 billion, but did not identify the potential buyer. Duyuru • Sep 29
Occidental Petroleum Reportedly in Talks to Sell OxyChem Unit for About $10 Billion Occidental Petroleum Corporation (NYSE:OXY) is in talks to sell its OxyChem division in a deal expected to be worth about $10 billion that would carve out one of the world’s largest standalone petrochemicals units. The Houston-based company, which is backed by Warren Buffett, has been steadily divesting assets in recent years in an effort to reduce its heavy debt load, which now stands at $24 billion. Occidental is working with advisers on the sale process. The divestment, which would be Occidental’s biggest to date, was likely to be announced in the coming weeks, two people familiar with the matter said, provided it does not hit any last-minute hurdles. The identity of the buyer could not immediately be established. It was possible that the sale could still fall apart, the people warned. Occidental did not immediately respond to requests for comment. Duyuru • Aug 23
Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY). Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets.
The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction.
Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) on August 22, 2025. Enterprise Products Partners L.P. completed the acquisition of Midland Basin gas gathering assets for $580 million in cash consideration on a debt-free transaction. Troutman Pepper Locke and Sidley Austin LLP served as legal advisors to Enterprise, and Skadden, Arps, Slate, Meagher & Flom LLP and Taylor Pullins, Chad McCormick, Neil Clausen, Jason McCoy and George Paul of White & Case LLP served as legal advisors to Occidental. Duyuru • Aug 07
Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million. Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets.
The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction. Duyuru • Jul 30
Occidental Announces Quarterly Dividend, Payable on October 15, 2025 Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on October 15, 2025, to stockholders of record as of the close of business on September 10, 2025. Duyuru • Jul 29
Occidental Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $703.79936 million. Occidental Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $703.79936 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 31,990,880
Price\Range: $22 Duyuru • Jul 02
Occidental Petroleum Corporation to Report Q2, 2025 Results on Aug 06, 2025 Occidental Petroleum Corporation announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Duyuru • May 01
Occidental Announces Quarterly Dividend, Payable on July 15, 2025 Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on July 15, 2025, to stockholders of record as of the close of business on June 10, 2025. Duyuru • Apr 08
Occidental and 1Pointfive Secure Class Vi Permits for Stratos Direct Air Capture Facility Occidental and its subsidiary 1PointFive announced that the U.S Environmental Protection Agency approved its Class VI permits to sequester carbon dioxide (CO2) captured from STRATOS when the world’s largest Direct Air Capture (DAC) facility begins operating in Ector County, Texas. The permits, the first issued to sequester CO2 from a DAC project, allows Occidental to leverage its expertise managing large quantities of CO2 while advancing technology that strengthens the United States’ energy security and furthers economic growth in Texas. The permits, issued under the Safe Drinking Water Act's Underground Injection Control program, are a critical component of Occidental’s plan to securely and durably store CO2 captured from the atmosphere. Throughout EPA’s rigorous review process, Occidental demonstrated that its technologies, processes, monitoring programs and other procedures meet or exceed federal and state requirements for injection wells that store CO2 in geologic formations more than one mile underground. Duyuru • Apr 03
Occidental Petroleum Corporation to Report Q1, 2025 Results on May 07, 2025 Occidental Petroleum Corporation announced that they will report Q1, 2025 results After-Market on May 07, 2025 Duyuru • Mar 21
Occidental Petroleum Corporation, Annual General Meeting, May 02, 2025 Occidental Petroleum Corporation, Annual General Meeting, May 02, 2025. Duyuru • Feb 25
Civitas Resources, Inc. (NYSE:CIVI) agreed to acquire 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties for $300 million. Civitas Resources, Inc. (NYSE:CIVI) agreed to acquire 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties for $300 million in early 2025. A cash consideration of $300 million will be paid by Civitas Resources, Inc. As part of consideration, $300 million is paid towards assets of 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties. Civitas Resources, Inc. plans to fund the purchase price through additional borrowings on its revolving credit facility. In February 2025, the Civitas Resources, Inc. amended its revolving credit facility to increase elected commitments from $2.2 billion to $2.5 billion.
Closing of the transaction is anticipated at the end of February 2025. Duyuru • Sep 18
Permian Resources Corporation (NYSE:PR) completed the acquisition of Core Delaware Basin Assets from Occidental Petroleum Corporation. Permian Resources Corporation (NYSE:PR) entered into a definitive agreement to acquire Core Delaware Basin Assets from Occidental Petroleum Corporation(NYSE: OXY) for approximately $820 million on July 1, 2024. As per terms, the Company intends to fund the acquisition, subject to market conditions and other factors, through proceeds from one or more capital markets transactions.
The transaction is subject to customary post-closing adjustments and is expected to close by the end of the third quarter of 2024. RBC Capital Markets, LLC acted as financial advisor to Occidental Petroleum Corporation (NYSE:OXY). Chad M. Smith, P.C. and William C. Eiland II of Kirkland & Ellis LLP acted as legal advisor to Permian Resources Corporation.
Permian Resources Corporation (NYSE:PR) completed the acquisition of Core Delaware Basin Assets from Occidental Petroleum Corporation(NYSE: OXY) on September 17, 2024.