Occidental Announces Dividend
Occidental (NYSE: OXY) has announced a quarterly dividend of $0.01 per share, payable on October 15, 2020, to stockholders of record as of September 15, 2020. This decision reflects the company's ongoing commitment to returning value to shareholders despite the challenging economic landscape.
As one of the largest oil producers in the U.S., Occidental operates in various regions, including the Permian and DJ basins and offshore Gulf of Mexico. The company is also engaged in developing technologies for a lower-carbon world.
- Quarterly dividend of $0.01 per share demonstrates commitment to shareholders.
- Diverse operations across U.S. and international markets strengthen financial resilience.
- None.
HOUSTON, Sept. 03, 2020 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of
About Occidental
Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon dioxide management to advance a lower-carbon world. Visit oxy.com for more information.
| Contacts | |
| Media | Investors |
| Melissa E. Schoeb | Jeff Alvarez |
| 713-366-5615 | 713-215-7864 |
| melissa_schoeb@oxy.com | jeff_alvarez@oxy.com |
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