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Occidental To Cut Western Midstream Stake To Reduce Debt

2020-01-06 22:05:00| OGI

Occidental Petroleum is working to pare $40 billion of debt it took on with the Anadarko deal, and changes to ownership would ease a sale or spin-off of Western Midstream.

Tags: western cut reduce debt

 

Occidental Petroleum Elects Former Schlumberger CEO Andrew Gould To Board

2020-01-02 15:25:59| OGI

Gene L. Batchelder, chairman of the Occidental Petroleum board of directors, said Andrew Goulds extensive experience in the oil and gas industry will add a valuable perspective.

Tags: board andrew ceo petroleum

 
 

Icahn, Occidental Face Off In Battle For Board

2019-11-26 15:41:30| OGI

Activist investor Carl Icahn, who owns about 2.5% of the companys stock, appears set on seizing control of the company by replacing its 10 board members.

Tags: board face battle occidental

 

Court Tosses Carl Icahn's Lawsuit Seeking Occidental Acquisition Records

2019-11-15 02:59:01| OGI

Activist investor Carl Icahn will not have access to Occidental Petroleum Corp.s Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Nov. 14.

Tags: records court seeking acquisition

 

Activist Investor Carl Icahn Sells Nearly Third Of His Occidental Petroleum Stake

2019-11-08 19:11:13| OGI

Icahn sold 10 million shares and now holds 23 million shares, valued around $900 million, he said. He had owned a $1.6 billion stake in Occidental as of May 30.

Tags: investor carl sells petroleum

 

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