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Occidental Petroleum Corp

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  • US STOCKS-Wall St rises on report of ECB action; IBM falls Wednesday, 21 Jan 2015 | 12:25 PM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stocks rose in a volatile session on Wednesday on reports that new stimulative measures would be announced by the European Central Bank at its meeting tomorrow, though a tepid outlook from IBM limited the Dow's gains. "The timing and duration of bond purchases is just as important as the actual...

  • US STOCKS-Wall St rises on report of ECB action Wednesday, 21 Jan 2015 | 11:09 AM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stocks rose in a volatile session on Wednesday on reports that new stimulative measures would be announced by the European Central Bank at its meeting tomorrow, though a tepid outlook from IBM limited the Dow's gains. The Wall Street Journal reported that the ECB's Executive Board has proposed a...

  • Trying to pick a bottom in energy stocks Wednesday, 17 Dec 2014 | 4:07 PM ET
    Traders on the floor of the New York Stock Exchange.

    Trying to pick a bottom in energy stocks: is this the time to go long?

  • WASHINGTON, Dec 15- A U.S. federal appeals court on Monday threw out a human rights lawsuit brought against Occidental Petroleum Corp over allegations that it played a role in killings carried out by the Colombian military in 2004.. A three-judge panel of the San Francisco- based 9th U.S. Circuit Court of Appeals upheld a district court judge's decision to...

  • WASHINGTON, Dec 15- A U.S. federal appeals court on Monday threw out a human rights lawsuit brought against Occidental Petroleum Corp over allegations that it played a role in killings carried out by the Colombian military in 2004.. A three-judge panel of the San Francisco- based 9th U.S. Circuit Court of Appeals upheld a district court judge's decision to...

  • Best-known is Continental Resources, which lifted its hedges in early November, when oil was trading at around $83 a barrel, leaving it unprotected as prices slipped another $20, the most dramatic drop since the 2008 crisis. Apache Corp and Whiting Petroleum are also exposed to lower prices and have underperformed some peers over the past two weeks.

  • Oil bear Andrew Hall parts ways with firm Wednesday, 10 Dec 2014 | 2:15 PM ET
    Oil storage tanks in Denver

    The noted commodity hedge-fund trader, who is predicting $50 oil prices, is parting ways with 113-year-old trading firm Phibro.

  • Nov 19- Hedge fund Livermore Partners is pushing for change at U.S. staffing services provider Volt Information Sciences Inc, setting the stage for a potential proxy battle if the company does not act on its demands. It also wants it to sell non-core assets and buy back stock, said David Neuhauser, Livermore's managing director. Volt's share price has...

  • Playing oil's price drop: 22 trades, 79 seconds Thursday, 13 Nov 2014 | 8:06 PM ET
    Traders on the floor of the New York Stock Exchange.

    The drop in crude oil prices provided a variety of plays, the "Fast Money" traders said.

  • Nov 12- A divided federal appeals court on Wednesday refused to hold Occidental Petroleum Corp and a security contractor legally responsible for alleged complicity in a 1998 military bombing of a Colombian village that killed 17 people, including six children. The 9th U.S. Circuit Court of Appeals in Pasadena, California said victims' families could not...

  • Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. NEW YORK, Nov 6- U.S. stocks rose slightly in a volatile session on Thursday, with investors cheered that Europe would step in with more stimulus if needed, though continued weakness in energy shares and some lackluster results kept a lid on gains.

  • *Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. Occidental Petroleum lost 1 percent to $85.60 on Thursday while Halliburton Co was off 1.6 percent to $51.51.

  • BridgeTex Pipeline Company LLC owns the 300,000- barrel-per-day BridgeTex pipeline that runs from Colorado City in West Texas to Texas City.

  • Lightning Round: Time to pull the trigger Wednesday, 5 Nov 2014 | 7:39 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • HOUSTON, Nov 4- U.S. tight oil producer SandRidge Energy Inc, already pressured by the loss of its No. 2 executive and doubts about the quality of its acreage, said on Tuesday it would delay filing quarterly results and restate previous ones because of an SEC review. News of the restatement that will go back to late 2012 sent SandRidge shares tumbling 8 percent to...

  • Prepared for Nov.? Here’s what pros are buying Friday, 31 Oct 2014 | 5:53 PM ET

    Although pros expect November to be volatile, they're also looking for the rally to advance further. But not all sectors are buys.

  • Producers for American Crude Oil Exports, or PACE, is the first lobbying group to form to reverse the trade restriction passed by Congress in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. As the U.S. oil boom of the last six years builds an excess of crude, calls have risen for Congress and the Obama administration to relax the ban.

  • Congress passed the trade restriction in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. The group of 14 producers has "united to create an advocacy initiative to help repeal the outdated ban on crude oil exports," Daren Beaudo, a spokesman for ConocoPhillips, one of the member companies, said in an email. The U.S. drilling boom of the past...

  • Look what lower oil prices do to company profits Thursday, 23 Oct 2014 | 10:13 AM ET

    While lower oil prices contributed to a 21 percent slump in Occidental Petroleum's third-quarter profit, they have bolstered airline company earnings.

  • BOGOTA, Oct 8- Despite a decline in oil revenue, the sector will remain an important engine of Colombia's economic growth and even more so if the government signs a peace accord with Marxist FARC rebels, Energy Minister Tomas Gonzalez said on Wednesday. But Gonzalez says the sector is "absolutely indispensable" for the economy and will continue, along with mining...