Occidental Petroleum (OXY) Declares $0.78 Quarterly Dividend; 5.5% Yield

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Occidental Petroleum (OXY) Confirms Acquisition of Anadarko Petroleum Corp. (APC) in Deal Valued at $57B

May 10, 2019 5:48 AM EDT

Occidental Petroleum Corporation (NYSE: OXY) today entered into a definitive agreement whereby Occidental will acquire Anadarko Petroleum Corporation (NYSE: APC) for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock, in a transaction valued at $57 billion, including the assumption of Anadarkos debt.

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