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Occidental, Devon Energy Post Quarterly Losses On Billion-dollar Charges
2020-05-05 23:05:00| OGI
Both Occidental Petroleum and Devon Energy also announced plans on May 5 to deepen cuts for the third time since March in response to the historic crash of oil prices.
Tags: post
energy
charges
quarterly
Total Told by Occidental It Cannot Acquire Anadarko Algeria Assets
2020-05-05 18:00:00| OGI
"Occidental officially told us that we cannot acquire the Algeria assets," Total CEO Patrick Pouyanne told analysts during a conference call after the French company's first-quarter 2020 results.
Tags: total
told
assets
acquire
Occidental Shareholders Get First Say on Anadarko Deal with Berkshire Financing Vote
2020-04-17 23:40:25| OGI
The Anadarko acquisition closed in August, months before an oil price crash sapped the cash flow Occidental Petroleum needed to pay the debt taken with the purchase.
Tags: with
deal
vote
financing
Berkshire Hathaway to Take Occidental Petroleum Shares Instead of Cash Dividends
2020-04-15 22:30:00| OGI
Warren Buffett's Berkshire Hathaway last year bought $10 billion worth of Occidental Petroleum's preferred shares to help finance its $38 billion acquisition of Anadarko Petroleum.
Tags: cash
shares
petroleum
dividends
Occidental Petroleum Opposes Possible Texas Oil Curtailments
2020-04-08 11:10:00| OGI
In a letter to regulators, Occidental Petroleum called the curtailment idea a "short-sighted" one that would disadvantage Texas oil producers against other states.
Tags: texas
oil
petroleum
occidental
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