On March 5, 2001, Occidental retired $20.5 million of 7.8 percent pollution control revenue bonds due on December 1, 2005. As a result of this transaction, Occidental recognized an after -tax extraordinary loss of $3 million.

Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.

Despite drastic oil price declines in 2001, Occidental Petroleum had its second-best annual earnings ever. CEO and annual executive salary: Ray Irani, $24 million (six-year average); Forbes...

In 1985, Occidental Petroleum Corporation (“OPC”) and Occidental Exploration and Production Company (“OEPC”), two U.S. companies (together the “Claimants”), entered into a services contract with Corporación Estatal Petrolera Ecuatoriana (now PetroEcuador).

Occidental, the governing entity for the oil and gas and chemical operations, derives roughly $7.5 billion in annual sales from its oil and gas interests and $3.6 billion from its chemicals business. Early History. Occidental Petroleum was founded in 1920 in California.

Jun 11, 2018 · Occidental Petroleum Corporation has the expertise and experience to find and develop new sources of oil and natural gas today to fuel tomorrow's economic growth — without compromising our strong commitment to protecting the environment, promoting our high standards of social responsibility and safeguarding the health and safety of employees ...

Sep 30, 2024 · Find the latest historical data for Occidental Petroleum Corporation Common Stock (OXY) at Nasdaq.com. View historical data in a monthly, bi-annual, or yearly format.

Historical daily share price chart and data for Occidental Petroleum since 1981 adjusted for splits and dividends. The latest closing stock price for Occidental Petroleum as of January 29, 2025 is 48.83. The all-time high Occidental Petroleum stock …

The Strategic Petroleum Reserve is intended, in the short run, to smooth out price spikes and shortages caused by a supply disruption. (Reuters) November 14 At its meeting in Vienna, Austria, OPEC announces that it intends to cut its crude oil output quotas by 1.5 million barrels (240,000 m 3 ) per day effective January 1, but only if non-OPEC ...

Jan 10, 2025 · Occidental Petroleum historic stock prices and company profile. Historically stock information and prices for OXY company.