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Currently, this translates to a forward dividend yield of about 1.5% for Occidental Petroleum stock. This Q1 2024 performance was hardly a flash in the pan for the company.
Consider Occidental Petroleum (NYSE: OXY), which has grown its quarterly dividend from $0.01 a share in the first quarter of 2021 to $0.22 per share in the third stanza of 2024. That sounds great ...
Berkshire Hathaway has stepped in again to buy up more Occidental Petroleum shares. One analyst sees $60 as the trigger level for buying. ... 2024 at 12:54 PM. ... Occidental paid out $600 million ...
Occidental Petroleum Corporation. Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.
Occidental Petroleum's CEO said the company will focus on paying off debt for the next ... Last year Occidental paid out $600 million in dividends, repurchased $1.8 billion of common shares, and ...
Houston-based Occidental Petroleum , backed by Warren Buffett, has followed a similar trend. The stock has pulled back 8% year-to-date, after rising a whopping 117% last year, making it the best ...
The deal is expected to close in the first quarter of 2024. Occidental also said Monday that it plans to raise its quarterly dividend by 4 cents per share to 22 cents per share starting in February.
Occidental soared a whopping 117% in 2022 amid historically elevated energy prices, closing at a 52-week high of $75.97 on November 7. The Energy sector (XLE) rose more than 50% in 2022 amid the ...