CEO Ray Irani

LOS ANGELES (AP) -- Occidental Petroleum Corp.'s first-quarter profit rose slightly as a drop in natural gas prices curbed gains in oil. Its chemicals business also struggled with weaker sales and higher raw material costs. The Los Angeles oil ...  

We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.  

Occidental Petroleum Corp. now has a sales contract with the Port of Corpus Christi to buy the former Naval Station Ingleside.  

April 25 - Fitch Ratings has affirmed Occidental Petroleum Corporation's (NYSE: OXY) ratings as follows: --Issuer Default Rating (IDR) at 'A'; --Senior Unsecured Revolver and Notes at 'A'; --Commercial paper at 'F1'; --Short-term IDR at 'F1' The ...  

Oxy's wholly owned subsidiary OxyChem manufactures and markets chlor-alkali products and vinyls. Oxy is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high ...  

Ecuador’s Attorney General said the government expects an arbitration panel to reach a decision this year in a $3.2 billion dispute with Occidental Petroleum Corp. (OXY) (OXY), the largest onshore crude producer in the continental U.S. The ...  

by Occidental Petroleum Corp. Occidental Petroleum Corporation announced the appointment of Dale Petroskey as Vice President, Public Affairs. Mr. Petroskey, 56, joins Occidental with more than 25 years of experience in communications and public affairs.  

The oil company cites increased prices and record production in the first quarter. Exxon Mobil and Royal Dutch Shell report declines in net income.Occidental Petroleum Corp. posted a slight increase in first-quarter profit on higher oil prices and record production as energy giants Exxon Mobil Corp. and Royal Dutch Shell reported lower net income.  

LOS ANGELES--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.54 per share on common stock payable on July 15, 2012, to stockholders of record as of June 8, 2012. Oxy has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $2.16 per share. About Oxy Occidental Petroleum...  

Occidental Petroleum Corp., the nation’s fourth-largest oil company, saw a slight increase in first-quarter profits compared to a year ago and set records in oil and natural gas production, the company said in a news release Thursday.  

Bahrain’s venture with Occidental Petroleum Corp. (OXY) and Mubadala Development Co. seeks to more than triple output capacity at the island nation’s oil field, the head of the kingdom’s energy investment holding company said. The Bahrain ...  

LOS ANGELES--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) announced net income of $1.6 billion ($1.92 per diluted share) for the first quarter of 2012, compared with the first quarter of 2011 net income of $1.5 billion ($1.90 per diluted share). In announcing the results, Stephen I. Chazen, President and Chief Executive Officer, said, “For the quarter, we generated strong results with diluted EPS of $1.92 per share, cash flow...  

When it comes to creating value, Occidental Petroleum Corp. Chief Executive Stephen I. Chazen beats out other Southern California business leaders, according to a new report from Pepperdine University. Chazen helped his Los Angeles company pull ...  

The oil company cites increased prices and record production in the first quarter. Exxon Mobil and Royal Dutch Shell report declines in net income. Occidental Petroleum Corp. posted a slight increase in first-quarter profit on higher oil prices and record production as energy giants Exxon Mobil Corp. and Royal Dutch Shell reported lower net income.  

Occidental Petroleum Corp. (OXY) reported an improvement in its first-quarter net income to $1.56 billion or $1.92 per share from $1.55 billion or $1.90 per share last year. Core income amounted to $1.56 billion or $1.92 per share versus $1.59 billion or $1.96 per share a year ago. On average, 20 analysts polled by Thomson Reuters expected earnings per share of $1.92 for the quarter. Analysts ...  

LOS ANGELES, May 07, 2012 (BUSINESS WIRE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced the appointment of Dale Petroskey as Vice President, Public Affairs. Mr. Petroskey, 56, joins Occidental with more than 25 years of experience in ...  

Occidental Petroleum Corp., the nation’s fourth-largest oil company, saw a slight increase in first-quarter profits compared to a year ago and set records in oil and natural gas production, the company said in a news release Thursday.  

Occidental Petroleum Corporation (NYSE:OXY - News) announced today that Christopher G. Stavros has been named ... Occidental President and Chief Executive Officer Stephen I. Chazen said, “I congratulate Chris on this well-deserved promotion.  

"If current NGL prices continue, cutting some liquid-rich wells may be necessary," Chazen said in an earnings call with investors. Occidental natural gas liquids, or NGL, realizations are below historical levels versus crude oil, at $52.51 a barrel in the ...  

Occidental Petroleum Corp.’s first-quarter net income rose slightly on higher oil prices and record production of oil.  

Port of Corpus Christi commissioners will meet Friday to consider extending by about one week the option period for Occidental Petroleum Corp. to buy the former Naval Station Ingleside.  

Port of Corpus Christi commissioners today gave Occidental Petroleum Corp., or Oxy, an eight-day extension to buy the former Naval Station Ingleside.