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Stocks Occidental Petroleum Corp


  • Exxon is just the 1st target of the climate probe Friday, 6 Nov 2015 | 9:46 AM ET
    An ExxonMobil sign is displayed at a gas station in Cincinnati.

    As Exxon is scrutinized for it's climate change records, many other oil companies could be put scutinized, The New York Times reports.

  • QUITO, Nov 2- A World Bank tribunal reduced to about $1 billion the amount Ecuador must pay Occidental Petroleum Corp in compensation for seizing the U.S.-based company's assets, President Rafael Correa said on Monday. Ecuador's government decided to terminate Occidental Petroleum's contract in May 2006, arguing the company had sold a stake in its...

  • QUITO, Oct 31- Ecuador is in talks with Occidental Petroleum Corp to seek an agreement over a roughly $1.77 billion award the Andean country was ordered to pay for seizing the U.S.-based company's assets in 2006, President Rafael Correa said on Saturday. The World Bank's International Center for Settlement of Investment Disputes in 2012 ordered Ecuador to...

  • Oct 28- U.S. energy companies that hold reserve-based loans have so far reported a net fall of 4.2 percent, or roughly $1.23 billion, in their credit lines. "It looks generally to me like it's sort of kick-the-can-down-the-road approach that's being taken at this point, but that really just pushes the day of reckoning into sort of the first quarter of next year,"...

  • Oct 28- Occidental Petroleum Corp, the fourth-largest U.S. oil producer, swung to a significant net loss for the third quarter on Wednesday as it booked charges for dropping futures prices and halted projects while saying it was exiting North Dakota. The company, which also has operations in the Middle East and Colombia, showed a net loss of $2.61 billion, or $3.42...

  • Oct 28- Occidental Petroleum Corp, the fourth-largest U.S. oil producer, posted a better-than-expected adjusted quarterly earnings on Wednesday as it slashed costs to offset tumbling crude prices and said it would exit North Dakota's Bakken shale oil formation to save capital. Houston- based Occidental slashed its capital budget by $300 million in the...

  • Oct 28- Occidental Petroleum Corp swung to a quarterly loss after it recorded $2.6 billion in after-tax charges to reflect a sharp decline in oil and gas futures and projects that the company plans to scrap. The company, which has operations in Oman, Texas and North Dakota, posted a net loss of $2.61 billion, or $3.42 per share, in the third quarter ended Sept. 30.

  • Early movers: GE, HON, TMUS, STI, PWR, LULU & more Friday, 16 Oct 2015 | 8:05 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Wall Street poised for third winning week Friday, 16 Oct 2015 | 7:19 AM ET

    U.S. stock futures were lower this morning, following strong gains Thursday that put Wall Street on track for its third straight winning week.

  • Why 0% earnings growth calls are wrong: Strategist Monday, 28 Sep 2015 | 11:51 AM ET
    Morgan Stanley

    S&P 500 firms can produce 3 to 4 percent organic earnings growth in 2015, powered by consumer discretionary and financial sectors, Morgan Stanley says.

  • Fear and loathing on trading desks Thursday, 20 Aug 2015 | 10:53 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Traders are worried collateral damage from global market weakness, including a high yield debt fallout and selloff even in better performing sectors.

  • Cramer Remix: I can't believe this stock is a buy Tuesday, 11 Aug 2015 | 7:01 PM ET
    Jim Cramer on Mad Money.

    Jim Cramer says the market has been selling off, and it’s made some stocks too cheap to ignore.

  • Cramer: Why oil is in better shape than you think Tuesday, 11 Aug 2015 | 6:28 PM ET
    Oil pumps wells Monterey Shale fracking

    Jim Cramer goes off the charts to look at the crude chaos. Could it be the time to build a portfolio for black crude again?

  • After pouring tens of billions of dollars into foreign energy projects in the last two decades, China's rush to purchase overseas oil and gas projects is over- at least for now- and some state firms are even looking to sell assets. China, the world's second-biggest oil consumer, invested more than $140 billion in the sector in the period from 1993, according to...

  • With the energy sector's second-quarter earnings seen doing better than the prevailing consensus forecast for a decline of almost 59 percent from the year-ago quarter, according to a Thomson Reuters analysis, shares could get a benefit. But the S&P energy subsector of exploration and production companies is at its most expensive on a price-earnings basis...

  • Looks like Trump can pick some stocks Thursday, 16 Jul 2015 | 12:08 PM ET
    Republican Presidential candidate Donald Trump addresses supporters during a rally at the Phoenix Convention Center on July 11, 2015.

    A news release revealing Donald Trump's finances also discloses his successes at investing in stocks.

  • BOSTON, July 12- U.S. companies often pay their CEOs far too much compared with their lowest-paid workers as boards of directors compete to compensate their top executives more than peers. "It would be healthier for our society if CEOs were paid less," said Michael Kagan, who oversees about $9 billion in assets as a senior portfolio manager at ClearBridge...

  • Earnings surprises may spark market rebound Thursday, 9 Jul 2015 | 6:00 AM ET
    Wall Street New York Stock Exchange NYSE

    The unofficial start of the earnings season kicked off Wednesday, as Alcoa reported second-quarter results after the market close.

  • TORONTO, June 19- U.S. hedge fund Livermore Partners is pushing for change at Canadian energy producer Zargon Oil and Gas Ltd, calling for cost reductions, a dividend cut and an improvement in production. Northbrook, Illinois- based Livermore could also potentially seek one or two board seats to get better oversight of the company and eventually explore...

  • BOGOTA, June 17- Colombia's Cano Limon-Covenas oil pipeline, the country's second biggest by volume, has been shut due to damage from bomb attacks by leftist FARC rebels which caused a significant spill that has contaminated two rivers, the army said on Wednesday. Revolutionary Armed Forces of Colombia rebels, known as FARC, have intensified attacks on...