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I projected that OXY would increase the dividend by 8% to 95 cents per year from 88 cents last year. However, on Feb. 19 , Occidental announced a 9% hike to 24 cents quarterly, or 98 cents annually.

OXY's diverse operations, including oil, gas, chemicals, and midstream marketing, generate substantial revenue, predominantly from U.S. oil production. The company's carbon capture initiatives ...

Occidental Petroleum Corporation's (NYSE:OXY) dividend will be increasing from last year's payment of the same period to $0.24 on 15th of April. This takes the annual payment to 1.9% of the ...

The first phase of Stratos, Occidental Petroleum’s (Oxy) massive direct air capture (DAC) project, is nearly complete as it moves closer to the start of operations later this year, company executives ...

Oxy's Q4 delivered a solid 11% beat on EPS and record US production, continuing strong recent momentum. Unit LOE continues to improve with Q4 LOE/boe, down 6% q/q and almost 30% vs its Q4 23 peak ...

Proved Reserves: Increased to 4.6 billion BOE, highest in Oxy's history. Reserves Replacement Ratio: 230% all-in and 112% organic for 2024. OxyChem Pre-Tax Income: Over $1.1 billion in 2024.

Oil company Occidental Petroleum (OXY) is set to release its Q4 results today. Wall Street analysts anticipate that the company will report earnings of $0.68 per share, reflecting an 8% year-over ...

Fintel reports that on January 31, 2025, Goldman Sachs downgraded their outlook for Occidental Petroleum (NYSE:OXY) from Neutral to Sell. Analyst Price Forecast Suggests 27.76% Upside As of ...