Occidental Petroleum (OXY) Declares $0.79 Quarterly Dividend; 7.5% Yield

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Carl Icahn issues open letter to Occidental Petroleum (OXY) shareholders

February 12, 2020 12:29 PM EST

Carl Icahn issues open letter to Occidental Petroleum (NYSE: OXY) shareholders.

February 12, 2020

What Is OXY Hiding?

Dear Fellow Occidental Stockholder,

For years, Occidental Petroleum repeatedly and publicly stated that they would maintain a prudent balance sheet and not take undue M&A risks. They made these commitments because history has shown that commodity businesses, especially companies such as OXY, cannot and should not incur massive leverage to engage in risky M&A. Then, why did CEO Vicki Hollub and Chairman Gene Batchelder totally break these important vows and long-held... More

Icahn Calls on Occidental Petroleum (OXY) to Reveal if Approached by Buyers Prior to Agreeing to Acquire Anadarko - Bloomberg

February 12, 2020 9:07 AM EST

Icahn Calls on Occidental Petroleum (NYSE: OXY) to Reveal if Approached by Buyers Prior to Agreeing to Acquire Anadarko - Bloomberg

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Occidental Petroleum (OXY) Announces Preliminary Fourth Quarter Results (Earlier)

February 11, 2020 10:00 AM EST

Occidental Petroleum (NYSE: OXY) disclosed:

Preliminary Fourth Quarter Results

The preliminary estimated financial and operational results included in this Current Report on Form 8-K (Current Report) for the quarter and full-year ended December 31, 2019 remain subject to the completion of Occidental Petroleum Corporations (Occidental) customary quarterly closing and review procedures. Occidental will announce its final fourth quarter and full-year results on February 27, 2020.

The preliminary results included in this Current Report shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject... More