9 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President Kenneth Dillon had 950 shares withheld for taxes on vesting stock.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 July 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ VP and Principal Acct. Officer Jennifer M Kirk had 651 shares withheld for taxes on vesting stock.
3 July 2019business combination▼ BadMajor
The amendment added a litigation section the original did not have: two Anadarko stockholders had demanded inspection of Anadarko's books and records under Delaware law in May, and on 30 May Carl Icahn's High River, Icahn Partners Master Fund and Icahn Partners -- Occidental stockholders, not Anadarko's -- filed in the Delaware Court of Chancery for inspection of Occidental's records. Occidental answered on 14 June. These are books-and-records actions rather than challenges to the merger itself, but they mark the point at which Occidental's own shareholders started contesting the deal.
13 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Avedick Baruyr Poladian bought 5,000 shares on the open market at $48.77.
13 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ SVP & CFO Cedric W. Burgher bought 4,100 shares on the open market at $49.61.
12 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ SVP - Business Support Glenn M. Vangolen bought 5,000 shares on the open market at $48.53.
12 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President Oscar K Brown bought 15,000 shares on the open market.
11 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director William R Klesse bought 10,000 shares on the open market at $48.22.
11 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Eugene L. Batchelder bought 9,100 shares on the open market.
10 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ SVP, GC & CCO Marcia E. Backus bought 10,000 shares on the open market at $48.09.
10 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ President and CEO Vicki A. Hollub bought 37,460 shares on the open market at $48.15.
7 June 2019business combination● NeutralMajor
Occidental registered the stock leg of its purchase of Anadarko: $59.00 in cash plus 0.2934 of an Occidental share per Anadarko share, a fixed ratio with no collar, so Anadarko holders carry the full risk of Occidental's share price between signing and closing. The pro formas set out what comes with it -- up to $21.8 billion of committed bridge borrowing to fund the cash, Berkshire Hathaway's $10 billion of preferred stock and warrants, and a binding agreement to sell Anadarko's Algerian, Ghanaian, Mozambican and South African businesses to Total for $8.8 billion once the merger closes. The break fee is a mutual 3.95% of Anadarko's implied equity value.
3 June 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ SVP & CFO Cedric W. Burgher had 5,565 shares withheld for taxes on vesting stock.
17 May 2019director interest notice● Neutral
Oscar K Brown became a OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President and company insider (initial ownership filing).
17 May 2019director interest notice● Neutral
Kenneth Dillon became a OCCIDENTAL PETROLEUM CORP /DE/ Senior Vice President and company insider (initial ownership filing).
14 May 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Carlos M Gutierrez received 4,616 shares as part of the equity award.
14 May 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Elisse B. Walter received 4,616 shares as part of the equity award.
14 May 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Howard I Atkins had 1,658 shares withheld for taxes on vesting stock.
14 May 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Eugene L. Batchelder received 6,185 shares as part of the equity award.
14 May 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Margaret M Foran received 4,616 shares as part of the equity award.
14 May 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Avedick Baruyr Poladian received 4,616 shares as part of the equity award.
10 May 2019agm notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
10 May 2019business combination● NeutralMajor
Occidental agreed to acquire Anadarko Petroleum for roughly $57 billion including debt, after outbidding Chevron (Anadarko owes Chevron a $1 billion breakup fee). Occidental is funding the cash portion with a $10 billion preferred-stock investment from Berkshire Hathaway and a $21.8 billion bridge loan.
6 May 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ director Howard I Atkins had 476 shares withheld for taxes on vesting stock.
6 May 2019quarterly activities report● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ reported quarterly revenue of $4004.0 million and net income of $631.0 million for the period ended 2019-03-31.
6 May 2019quarterly activities report● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ reported quarterly revenue of $4004.0 million and net income of $631.0 million for the period ended 2019-03-31.
28 Mar 2019agm notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
28 Mar 2019agm notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
4 Mar 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ President and CEO Vicki A. Hollub had 13,608 shares withheld for taxes on vesting stock.
4 Mar 2019director interest notice● Neutral
OCCIDENTAL PETROLEUM CORP /DE/ Executive Vice President Edward A. Lowe had 7,016 shares withheld for taxes on vesting stock.