Occidental Petroleum Corporation (OXY)
Occidental Petroleum Corporation (OXY) is an international oil and gas exploration and production company headquartered in Houston, Texas. It is involved in the exploration, development, and production of hydrocarbons, as well as the manufacture of petroleum products. Occidental also engages in chemical manufacturing and has a significant presence in the Permian Basin. The company is known for its focus on upstream operations and efforts to incorporate sustainable practices in the energy sector.
Dividend History
Investors can expect a dividend payout of $0.24 per share, scheduled to be distributed in 8 days on October 15, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 15, 2025 | $0.24 | 2025-09-10 | 2025-09-10 |
| July 15, 2025 | $0.24 | 2025-06-10 | 2025-06-10 |
| April 15, 2025 | $0.24 | 2025-03-10 | 2025-03-10 |
| January 15, 2025 | $0.22 | 2024-12-10 | 2024-12-10 |
| October 15, 2024 | $0.22 | 2024-09-10 | 2024-09-10 |
Dividends Summary
- Occidental Petroleum Corporation has issued 88 dividend payments over the past 21 years
- The most recent dividend was paid 84 days ago, on July 15, 2025
- The highest dividend payed out to investors during this period was $0.79 per share
- The average dividend paid during this period was $0.42 per share.
Company News
Warren Buffett is stepping down as Berkshire Hathaway's CEO at the end of the year, causing initial market uncertainty. However, the company's robust structure and long-term investment philosophy suggest it will continue to perform well even without Buffett's direct leadership.
Berkshire Hathaway will split its chairman and CEO roles, with Greg Abel set to succeed Warren Buffett as CEO in January 2026, while Buffett remains board chairman. The transition was unanimously confirmed by the board after Buffett first disclosed the plan in May.
Berkshire Hathaway prepares for Q2 2025 earnings report, with investors focusing on cash reserves, potential share buybacks, and the leadership transition from Warren Buffett to Greg Abel.
1PointFive, a carbon capture company, secured a 10,000-ton carbon dioxide removal credit agreement with Palo Alto Networks over five years, utilizing Direct Air Capture technology at their STRATOS facility in Texas.
Occidental Petroleum (OXY) is expected to report improved Q2 2024 results, driven by strong production volumes and cost-saving initiatives. However, exposure to commodity price fluctuations and industry competition remain challenges.
