Post Tagged with: "Ticker: OXY"

Occidental Using the Permian as a Yard-Stick for International Returns

Occidental Using the Permian as a Yard-Stick for International Returns

Oxy has invested $2 billion in the Permian

Occidental Petroleum (ticker: OXY) announced Monday ahead of its third-quarter earnings call that the company acquired producing and non-producing leasehold acreage in the Permian Basin from private sellers for approximately $2 billion. …

Occidental Can Realize “the Same Amount of Productivity with Half the Rigs” – In the Permian

Occidental Can Realize “the Same Amount of Productivity with Half the Rigs” – In the Permian

Occidental looks to add 2 rigs to the Permian in 2017

Occidental Petroleum (ticker: OXY) announced its second quarter results this week, reporting quarter-end cash balance of $3.8 billion, and Permian Resources production of 126 MBOEPD, up 16% year-over-year. OXY’s …