12 Aug 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ VP, CAO and Controller Christopher O Champion received 13,697 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 Aug 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President Oscar K Brown had 11,709 shares withheld for taxes on vesting stock.
8 Aug 2019business combination● NeutralMajor
Occidental completed its acquisition of Anadarko Petroleum for about $36 billion in cash and stock plus assumed debt, funded partly by an $8.8 billion term loan; Anadarko is now a wholly owned Occidental subsidiary.
8 Aug 2019director interest notice● Neutral
Christopher O Champion became a OCCIDENTAL PETROLEUM CORP /DE/ VP, CAO and Controller and company insider (initial ownership filing).
8 Aug 2019securities registration● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ amended an already-effective registration statement.
8 Aug 2019debt financing● NeutralMajor
Occidental sold ten series of senior unsecured notes totaling $13 billion, both floating and fixed rate, with maturities from 2021 to 2049. Net proceeds of about $12.9 billion went to finance part of the Anadarko merger and related costs.
7 Aug 2019securities registration● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ filed a free-writing prospectus - marketing material for an offering in progress.
7 Aug 2019securities registration● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ filed the final prospectus for a registered offering.
6 Aug 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Bob Shearer bought 15,000 shares on the open market at $50.22.
5 Aug 2019material agreement▲ GoodMajor
Occidental and Total S.A. signed a definitive $8.8 billion agreement for Total to buy Anadarko's Algeria, Ghana, Mozambique and South Africa assets once the Anadarko merger closes, superseding their earlier May 2019 memorandum.
1 Aug 2019business combination● Neutral
Ahead of the merger vote, Occidental filed updated Anadarko and pro forma combined financials, and reiterated the planned sale of Anadarko's Algeria, Ghana, Mozambique and South Africa assets to Total.
1 Aug 2019securities registration● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ filed a prospectus supplement for an offering off its existing shelf.
1 Aug 2019debt financing● NeutralMajor
Occidental offered to exchange its own notes for 23 series of Anadarko, Anadarko HoldCo, Anadarko Finance and Kerr-McGee bonds maturing from 2021 to 2096. Holders tendering by the early date get $1,000 of Oxy notes plus $1.00 cash per $1,000, including a $30 early premium, and later tenders get $970 of notes plus $1.00.
1 Aug 2019listing compliance notice● NeutralMajor
OCCIDENTAL PETROLEUM CORP /DE/'s exchange filed to remove a class of its securities from listing.
31 July 2019quarterly activities report● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ reported quarterly revenue of $4420.0 million and net income of $635.0 million for the period ended 2019-06-30.
31 July 2019quarterly activities report● Neutral
Occidental reported second-quarter 2019 net income of $635 million ($0.84 per diluted share) and core income of $729 million, with production of 741,000 BOE per day. It also agreed a Midland Basin joint venture with Ecopetrol worth $750 million in cash plus $750 million of carried capital.
31 July 2019securities registration● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
25 July 2019agm notice● Neutral
Occidental filed additional proxy materials attaching a statement it issued on July 25, 2019, relating to its opposition to the Icahn consent solicitation.
23 July 2019agm notice● Neutral
Occidental filed additional proxy materials attaching a Twitter communication made on July 22, 2019, relating to its opposition to the Icahn consent solicitation.
22 July 2019agm notice● Neutral
Occidental filed additional proxy materials attaching a news release it issued on July 22, 2019.
22 July 2019agm notice● Neutral
Occidental filed additional proxy materials attaching LinkedIn and Twitter posts from July 22, 2019. They were part of its opposition to the Icahn consent solicitation.
22 July 2019agm notice● Neutral
Occidental filed additional proxy materials containing the text of its website opposing Carl Icahn's consent solicitation. The material relates to the Anadarko acquisition.
16 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President Kenneth Dillon had 1,452 shares withheld for taxes on vesting stock.
16 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ President and CEO Vicki A. Hollub had 4,098 shares withheld for taxes on vesting stock.
16 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ SVP - Business Support Glenn M. Vangolen had 2,113 shares withheld for taxes on vesting stock.
16 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ VP and Principal Acct. Officer Jennifer M Kirk had 692 shares withheld for taxes on vesting stock.
16 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ SVP, GC & CCO Marcia E. Backus had 2,305 shares withheld for taxes on vesting stock.
16 July 2019director interest notice● Neutral
Robert Palmer became a OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President and company insider (initial ownership filing).
16 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Executive Vice President Edward A. Lowe had 2,689 shares withheld for taxes on vesting stock.
16 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President Robert Palmer had 581 shares withheld for taxes on vesting stock.