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Occidental Petroleum Reportedly Nears Truce In Proxy Fight With Carl Icahn
2020-03-23 20:30:10| OGI
The agreement could put an end to a bitter fight over Occidental's ill-timed purchase of rival Anadarko Petroleum last year, a bet on the continued growth of U.S. shale.
Tags: fight
carl
proxy
petroleum
Occidental Reportedly Eyes Former CEO Stephen Chazen For Chairman Role
2020-03-20 21:05:00| OGI
Steve Chazens appointment is being considered to appease Carl Icahn, who has been battling the Occidental board over its acquisition of Anadarko Petroleum, the Wall Street Journal reported.
Shale Producer Gulfport Energy Reportedly Hires Restructuring Adviser
2020-03-18 22:15:00| OGI
Gulfport Energy has lost four-fifths of its market value since the start of the year, and now has a market cap of $90 million.
Tags: energy
producer
restructuring
adviser
Carl Icahn Reportedly Boosts Occidental Petroleum Stake To Nearly 10%
2020-03-12 13:40:00| OGI
Carl Icahn, who held a roughly 2.5% stake in Occidental as of end-2019, has previously criticized its $38 billion deal for rival Anadarko Petroleum as a misplaced bet on oil prices rising.
Tags: carl
petroleum
stake
reportedly
Chevron Reportedly Offering US Workers Buyouts To Trim Staffing
2020-03-02 21:25:00| OGI
Chevron overall employed 48,200 workers globally at the end of last year, down 7,000 from three years ago. About 53% of its workers, or 25,400 employees, are in the U.S.
Tags: offering
workers
staffing
trim
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