Occidental and its subsidiary 1PointFive today announced that the U.S Environmental Protection Agency approved its Class VI permits to sequester carbon dioxide captured from STRATOS when the world's largest Direct Air Capture facility begins operating in Ector County, Texas. The permits, the first issued to sequester CO2 from a DAC project, allows Occidental to leverage its expertise managing large quantities of CO2 while [...]
Occidental will announce its first quarter 2025 financial results after close of market on Wednesday, May 7, 2025, and will hold a conference call to discuss the results on Thursday, May 8, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at oxy.com/investors. Participants may pre-register for the conference call at [...]
Occidental today announced the results of its offer to exercise Occidental's outstanding publicly traded warrants at a temporarily reduced price of $21.30 per Warrant . The Offer expired at 5:00 p.m. Eastern Time on March 31, 2025. Based on the final count by Equiniti Trust Company, LLC, the depositary agent for the Offer, 41,941,075 Warrants were tendered and not validly withdrawn . Occidental will issue 41,871,909 [...]
Occidental today announced an offer to exercise its outstanding publicly traded warrants at a temporarily reduced price . The Offer is available to holders of the Warrants, each representing the right to purchase one share of Occidental's common stock, $0.20 par value per share, at an exercise price of $22.00. The Warrants were initially distributed by Occidental on August 3, 2020 in the form of a dividend to the holders [...]
Achieved near-term debt repayment target of $4.5 billion in the fourth quarter of 2024 Announced proceeds from $1.2 billion of divestitures signed in the first quarter of 2025 will go toward current year debt maturities HOUSTON, Feb. 18, 2025 -- Occidental today announced it achieved its near-term debt repayment target of $4.5 billion in the fourth quarter of 2024 and signed two agreements in the first quarter of 2025 to [...]
Occidental today announced its fourth quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call to discuss the results on Wednesday, February 19, 2025, at 1 [...]
Expanded CDR lineup provides more opportunities for Canadians to invest in global companies Today CIBC announced 10 new Canadian Depositary Receipts , now listed on Cboe Canada. Introduced to investors over three years ago, CIBC has a total of 80 CDRs available in market. CDRs make it easy to invest in many of the world's largest companies - in Canadian dollars. Offered at a fraction of the price per share of the [...]
Occidental will announce its fourth quarter 2024 financial results after close of market on Tuesday, February 18, 2025, and will hold a conference call to discuss the results on Wednesday, February 19, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at oxy.com/investors. Participants may pre-register for the conference call at [...]
Occidental today announced its third quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call to discuss the results on Wednesday, November 13, 2024, at 1 [...]
Occidental announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on January 15, 2025, to stockholders of record as of the close of business on December 10, 2024. About Occidental Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in [...]
Occidental will announce its third quarter 2024 financial results after close of market on Tuesday, November 12, 2024, and will hold a conference call to discuss the results on Wednesday, November 13, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at oxy.com/investors. Participants may pre-register for the conference call at [...]
1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy's Office of Clean Energy Demonstrations will provide up to $500 million to support the development of the South Texas Direct Air Capture Hub. The award is a milestone in furthering commercial-scale DAC in the United States and validation of Occidental and 1PointFive's ability to use their decades-long expertise in [...]
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