News - Occidental Petroleum
Sep 12, 2024 · Your resource for company news and information. View our news releases, sign up for company news email alerts and learn more about Oxy through our publications and videos.
Occidental Announces 3rd Quarter 2024 Results - oxy.com
Nov 12, 2024 · Occidental Announces 3 rd Quarter 2024 Results. Strong operational performance drove operating cash flow of $3.8 billion and operating cash flow before working capital of $3.1 billion; Capital spending of $1.7 billion and contributions from noncontrolling interest of $47 million resulted in quarterly free cash flow before working capital of $1. ...
News Releases - Occidental Petroleum
Nov 13, 2021 · Occidental Announces Expiration of Hart-Scott-Rodino Waiting Period for its Acquisition of CrownRock
Occidental Enters into Agreement to Acquire Direct Air Capture ...
Aug 15, 2023 · Acquiring Carbon Engineering aligns with Occidental’s integrated net-zero strategy and provides Occidental, through its 1PointFive subsidiary, the opportunity to rapidly advance DAC technology breakthroughs and accelerate deployment of DAC as a large-scale, cost effective, global carbon removal solution.
Occidental to Acquire CrownRock, Strengthening its U.S. Onshore ...
Dec 11, 2023 · Occidental to Acquire CrownRock, Strengthening its U.S. Onshore Portfolio with Premier Permian Basin Assets. Acquisition, valued at approximately $12.0 billion, generates immediate free cash flow accretion; CrownRock’s well-positioned assets expand Occidental’s scale in the Midland Basin
Occidental, 1PointFive to Begin Construction of ... - Occidental …
Aug 25, 2022 · Occidental, 1PointFive to Begin Construction of World's Largest Direct Air Capture Plant in the Texas Permian Basin. Plant will advance large-scale carbon capture to help Oxy and others reduce emissions and accelerate their respective paths to net zero
Occidental Announces 1st Quarter 2022 Results - Occidental …
HOUSTON — May 10, 2022 — Occidental (NYSE:OXY) today announced net income attributable to common stockholders for the first quarter of 2022 of $4.7 billion, or $4.65 per diluted share, and adjusted income attributable to common stockholders of $2.1 billion, or $2.12 per diluted share, compared to net income attributable to common ...
Occidental and BHE Renewables Form Joint Venture to …
HOUSTON – June 4, 2024 – Occidental (NYSE: OXY) and BHE Renewables, a wholly owned subsidiary of Berkshire Hathaway Energy, today announced they formed a joint venture for the demonstration and deployment of TerraLithium’s Direct Lithium Extraction (DLE) and associated technologies to extract and commercially produce high-purity lithium ...
Occidental Announces 3rd Quarter 2022 Results - Occidental …
Nov 8, 2022 · Occidental Announces 3rd Quarter 2022 Results. Repaid $1.3 billion of debt during the third quarter, with year-to-date repayments of $9.6 billion through November 7, 2022, representing 34% reduction of total outstanding principal
Occidental Announces Continued Progress on Debt Reduction and ...
Aug 19, 2024 · Occidental announced a commitment to achieve at least $4.5 billion in debt reduction within 12 months of closing the acquisition of CrownRock. Proceeds from the ongoing divestiture program will continue to go toward reducing debt.