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Tag: occidental
Occidental Petroleum Cuts Dividend Again, Now to 1 Cent
2020-05-29 20:59:10| OGI
The companys shares were down 5% after the news and have lost nearly 70% of their value this year.
Occidental Petroleum Sued by Investors over Anadarko Merger
2020-05-27 20:25:00| OGI
Occidental Petroleum has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices.
Tags: investors
petroleum
merger
occidental
Total Calls Off Acquisition of Occidental Petroleums Ghana Asset
2020-05-18 19:05:00| OGI
The deal was part of an $8.8 billion agreement reached between Total and Occidental to over Anadarko Petroleum's assets in Mozambique, Ghana, Algeria, and South Africa.
Tags: total
calls
acquisition
asset
Occidental Petroleum Offering Voluntary Job Buyouts
2020-05-13 11:10:00| OGI
Interested employees can submit a resignation offer to Occidental through May 26, specifying the number of months of base salary that they will accept for voluntary separation, according to the document.
Tags: job
offering
voluntary
petroleum
Occidental Petroleum Looks to Raise Cash as Oil Prices Pressure Finances
2020-05-06 18:30:00| OGI
Occidental Petroleum CFO Robert Peterson said in a conference call on May 6 the company is considering raising new cash, swapping debt for stock and refinancing existing debt because of collapsing oil demand.
Tags: prices
cash
pressure
oil
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