9 Feb 2024director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President Richard A. Jackson acquired 89,423 shares and disposed of 35,253 in a set of related equity transactions.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Feb 2024director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ insider Berkshire Hathaway INC bought 4,302,324 shares on the open market.
5 Feb 2024debt financing● Neutral
Occidental entered a Third Amended and Restated Credit Agreement with JPMorgan Chase as agent on February 2, 2024. It extended the revolving credit facility's maturity from June 30, 2025 to June 30, 2028.
10 Jan 2024substantial holder notice● Neutral
Warren E. Buffett, Berkshire Hathaway Inc, National Indemnity Company reported a OCCIDENTAL PETROLEUM CORP /DE/ shareholding of 327,574,652 shares (34.00% of votes) in a periodic institutional filing.
28 Dec 2023debt financing● NeutralMajor
Occidental lined up a $4.7 billion term loan to help fund its pending acquisition of Permian Basin producer CrownRock and refinance CrownRock's existing debt.
21 Dec 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ insider Berkshire Hathaway INC bought 5,182,615 shares on the open market.
13 Dec 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ insider Berkshire Hathaway INC bought 10,482,162 shares on the open market.
12 Dec 2023capital raising announcement● NeutralMajor
On December 10, 2023 Occidental agreed to buy CrownRock, L.P. for about $12.0 billion: $9.1 billion in cash, 29,560,619 new Occidental common shares, and assumption of about $1.2 billion of CrownRock debt. It expects to fund the cash with debt, backed by a committed bank bridge loan of up to $10.0 billion from BofA (364-day). The deal still needs antitrust (HSR) clearance and other closing conditions; the new shares add some dilution.
7 Nov 2023quarterly activities report● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ reported quarterly revenue of $7158.0 million and net income of $1375.0 million for the period ended 2023-09-30.
7 Nov 2023quarterly activities report● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ reported quarterly revenue of $7158.0 million and net income of $1375.0 million for the period ended 2023-09-30.
25 Oct 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ insider Berkshire Hathaway INC bought 3,921,835 shares on the open market.
10 Oct 2023quarterly activities report● Neutral
Occidental gave preliminary third-quarter 2023 figures: average diluted shares of 958.2 million and worldwide average realized prices of $80.70/bbl for oil, $21.04/bbl for NGL and $1.90/Mcf for natural gas.
4 Oct 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ SVP & Chief Legal Officer Sylvia J Kerrigan had 3,595 shares withheld for taxes on vesting stock.
14 Sept 2023substantial holder notice● Neutral
Occidental and its subsidiaries reported beneficial ownership of 185,181,578 Western Midstream Partners common units, 48.8% of the class, in a Schedule 13D amendment for a September 7, 2023 event. The percentage gave effect to a Western Midstream unit repurchase.
2 Aug 2023quarterly activities report● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ reported quarterly revenue of $6702.0 million and net income of $860.0 million for the period ended 2023-06-30.
2 Aug 2023quarterly activities report● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ reported quarterly revenue of $6702.0 million and net income of $860.0 million for the period ended 2023-06-30.
7 July 2023substantial holder notice● Neutral
BlackRock, Inc reported a OCCIDENTAL PETROLEUM CORP /DE/ shareholding of 42,296,047 shares (4.70% of votes) in a periodic institutional filing.
28 June 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ insider Berkshire Hathaway INC bought 2,138,250 shares on the open market.
20 June 2023substantial holder notice● Neutral
Occidental and its subsidiaries, led by OLCV Net Power, filed a Schedule 13D disclosing 89,553,242 NET Power Inc. Class A shares, or 72.9% of that class including exchangeable Class B shares. The stake came from the June 8, 2023 business combination and equals 42.2% of all common stock.
20 June 2023director interest notice● Neutral
Occidental Petroleum Corp /de/ became a OCCIDENTAL PETROLEUM CORP /DE/ director and company insider (initial ownership filing).
30 May 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ 10%+ owner Berkshire Hathaway INC bought 4,660,809 shares on the open market.
18 May 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ 10%+ owner Berkshire Hathaway INC bought 3,457,222 shares on the open market.
17 May 2023director interest notice● Neutral
Jeff F Simmons became a OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President and company insider (initial ownership filing).
15 May 2023director interest notice● Neutral
Jeff F Simmons became a OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President and company insider (initial ownership filing).
15 May 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ 10%+ owner Berkshire Hathaway INC bought 2,165,792 shares on the open market.
15 May 2023director interest notice● Neutral
Sunil Mathew became a OCCIDENTAL PETROLEUM CORP /DE/ Vice President and company insider (initial ownership filing).
15 May 2023director interest notice● Neutral
Neil R Ackerman became a OCCIDENTAL PETROLEUM CORP /DE/ Vice President and company insider (initial ownership filing).
10 May 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Kenneth B. Robinson received 3,393 shares as part of the equity award.
10 May 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Jack B Moore acquired 5,682 shares and disposed of 1,251 in a set of related equity transactions.
10 May 2023director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Bob Shearer received 3,817 shares as part of the equity award.