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Tag: occidental
Occidental Reportedly Eyes Former CEO Stephen Chazen For Chairman Role
2020-03-20 21:05:00| OGI
Steve Chazens appointment is being considered to appease Carl Icahn, who has been battling the Occidental board over its acquisition of Anadarko Petroleum, the Wall Street Journal reported.
Occidental Petroleums Debt Rating Downgraded To Junk By Moodys
2020-03-19 16:30:00| OGI
The acquisition of Anadarko Petroleum continues to burden Occidentals balance sheet, significantly compromising its financial flexibility, Moodys Andrew Brooks says.
Tags: rating
debt
junk
occidental
Occidental Adopts Poison Pill After Icahn Raises Stake To About 10%
2020-03-13 15:48:16| OGI
The billionaire investor has been waging a bitter battle with Occidentals board over its $38 billion acquisition of Anadarko Petroleum, calling it a misplaced bet based on expectations of higher oil prices.
Carl Icahn Reportedly Boosts Occidental Petroleum Stake To Nearly 10%
2020-03-12 13:40:00| OGI
Carl Icahn, who held a roughly 2.5% stake in Occidental as of end-2019, has previously criticized its $38 billion deal for rival Anadarko Petroleum as a misplaced bet on oil prices rising.
Tags: carl
petroleum
stake
reportedly
Occidental Petroleum To Slash Dividend, Spending As Oil Prices Crash
2020-03-10 18:00:44| OGI
Occidental said it would slash its quarterly dividend to 11 cents per share from 79 cents.
Tags: prices
oil
spending
crash
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