Occidental says low-carbon business profits could match oil [Reuters]
Occidental Petroleum Corporation (OXY)
Last occidental petroleum corporation earnings: 2/27 04:13 pm
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Source: Reuters
Occidental Petroleum expects temporary impact from winter storms By Reuters Staff 2 Min Read (Reuters) - The impact of severe winter storms in Texas last week that shuttered oil production in the top U.S. oilfield was temporary and not expected to affect oil output for 2021, Occidental Petroleum Corp executives told analysts on Tuesday. The 25,000-barrel-per-day impact on Occidental’s Permian Basin will be short-lived, Occidental Chief Financial Officer Robert Peterson said on a call with analysts. The U.S. producer on Monday after market close posted a larger-than-expected fourth-quarter loss despite higher oil and gas prices as an asset sale weighed on results. Occidental slashed jobs and output after the coronavirus pandemic hammered global energy demand, pressuring an energy company that had loaded up on debt in 2019 to acquire an oil rival. Occidental does not anticipate growing global production “at least this year,” said Chief Executive Vicki Hollub, adding that the company wi
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OXY
News
- Occidental Petroleum (OXY) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Occidental Stock Is Still Quite Undervalued [Seeking Alpha]Seeking Alpha
- Occidental Petroleum Co. (NYSE: OXY) had its price target raised by analysts at Susquehanna from $70.00 to $81.00. They now have a "positive" rating on the stock.MarketBeat
- With 52% ownership of the shares, Occidental Petroleum Corporation (NYSE:OXY) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Looking for Once-in-a-Generation Investment Opportunities? Here Are 3 Magnificent Stocks to Buy Right Now [Yahoo! Finance]Yahoo! Finance
OXY
Earnings
- 2/14/24 - In-Line
OXY
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/10/24 - Form 8-K
- 3/21/24 - Form 4
- OXY's page on the SEC website