Post Tagged with: "Ticker: OXY"

Source: Reuters

U.S. shale output won’t return to pre-pandemic levels: Occidental CEO

Reuters


NEW YORK  – The oil industry is recovering from a collapse in demand triggered by the coronavirus pandemic, but U.S. shale production will not recover to levels seen before the pandemic, Occidental Petroleum Chief Executive Vicki Hollub said on …

Source: Houston Chronicle

Occidental Announces & Early Tender Results and Further Upsize in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes

HOUSTON, Dec. 21, 2020 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced the e…

December 22, 2020 - 9:32 am Exploration and Production (E&P), Finance, Press Releases
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 …