Occidental Petroleum Corporation News
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, North Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
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2d
Oil Supply Tensions Fuel Crude Rally, Supporting OXY Amid Q2 Strength
- Middle East tensions disrupt shipping through the Strait of Hormuz, lifting crude prices and reinforcing Occidental Petroleum’s strong Q2 results and dividend raise.
9d
Occidental Petroleum Sees Notable Institutional Buying in Late August
Occidental Petroleum (OXY) drew multi‑million‑dollar institutional equity purchases in late August, signaling renewed investor interest following strong Q2 results.
16d
Occidental Petroleum Boosts Dividend and Reports Strong Q2 Cash Flow in Latest Earnings
Occidental Petroleum (OXY) raised its quarterly dividend to $0.28 and posted robust Q2 2026 free cash flow and production, driving investor attention.
23d
Occidental Petroleum’s Q2 Results Show Strong Cash Flow, Dividend Hike and Debt Reduction
Occidental Petroleum delivered robust Q2 financials: $2.40 adjusted EPS, $3.0B free cash flow before working capital, 8% dividend increase and $1.9B debt reduction.
26 Jul at 19:00
Occidental Petroleum’s $9.7 Billion OxyChem Sale: A Move to Strengthen Core Operations
Occidental Petroleum's OxyChem sale and its impact on stock performance.