Yahoo! Finance: OXY News

Latest Financial News for OCCIDENTAL PET

• ROI: Is WisdomTree's LargeCap Growth Different Enough from Peers To Justify Expenses? (Seeking Alpha)

  (Thu, 4 Dec 2008 14:34:01 Etc/GMT)

• The Way to Make Your Fortune (at Motley Fool)

  (Wed, 3 Dec 2008 19:37:16 Etc/GMT)

• Credit fears creep even into cash-rich oil sector (AP)

  (Tue, 2 Dec 2008 19:42:19 Etc/GMT)

  Access to credit and the capital needed for exploration and production is the biggest obstacle facing oil companies in 2009, even more than lower crude and natural gas prices, a new survey shows.

• Plains Exploration closes $1.25B properties sale (AP)

  (Mon, 1 Dec 2008 21:57:00 Etc/GMT)

  Plains Exploration & Production Co. on Monday said it completed the $1.25 billion sale of its remaining oil and gas properties located in the Permian Basin in west Texas and Piceance Basin in Colorado to Occidental Petroleum Corp.

• UPDATE - Energy shares slammed by OPEC disappointment (at Reuters)

  (Mon, 1 Dec 2008 20:42:32 Etc/GMT)

• Stocks Tumble Hard as Recession Fears Become Reality (at TheStreet.com)

  (Mon, 1 Dec 2008 20:19:10 Etc/GMT)

• PXP Completes $1.25 Billion Sale of Its Remaining Oil and Gas Properties in the Permian and Piceance Basins (PR Newswire)

  (Mon, 1 Dec 2008 19:32:00 Etc/GMT)

  Plains Exploration & Production Company announced today it completed the sale of its remaining interests in oil and gas properties located in the Permian and Piceance Basins to Occidental Petroleum Corporation and certain other companies with contractual preferential purchase rights on December 1, 2008 for cash consideration of approximately $1.25 billion.

• Stocks Sink Further on Confirmation of a Recession (at TheStreet.com)

  (Mon, 1 Dec 2008 18:38:27 Etc/GMT)

• Stocks Mired in Losses (at TheStreet.com)

  (Mon, 1 Dec 2008 17:01:10 Etc/GMT)

• Analysts' Upgrades, Downgrades: Microsoft (at TheStreet.com)

  (Mon, 1 Dec 2008 14:11:16 Etc/GMT)

Yahoo! Finance: OXY Financial Blogs

Latest Financial Financial Blogs for OCCIDENTAL PET

• Occidental Petroleum: Stock Price Doesn't Reflect Company's Real Value (at Seeking Alpha)

  (Thu, 27 Nov 2008 09:13:50 Etc/GMT)

• How Low Can Mining Stocks Go? (Part II) (at Seeking Alpha)

  (Thu, 20 Nov 2008 10:05:08 Etc/GMT)

• Market Condition Summary: Improving, but Remain Cautious (at Seeking Alpha)

  (Wed, 29 Oct 2008 13:25:20 Etc/GMT)

• Boone Pickens' Capital Funds Down; Investors Withdrawing Money (at Seeking Alpha)

  (Wed, 29 Oct 2008 10:45:28 Etc/GMT)

• Tuesday Market Roundup: Still Waiting for That Bounce (at Seeking Alpha)

  (Tue, 28 Oct 2008 17:22:28 Etc/GMT)

• Occidental Well-Oriented (Zacks.com)

  (Tue, 28 Oct 2008 16:29:12 Etc/GMT)

  For many energy companies, the third quarter may well prove to be a once-in-a-lifetime phenomenon thanks to record oil prices.

• Oil Stocks Rally, Pace Relief Rally For Equities (at Barron's Online)

  (Thu, 23 Oct 2008 15:48:00 Etc/GMT)

• Mining the Meltdown: How the Crisis Could Remake the Energy Industry (at The Wall Street Journal Online)

  (Fri, 19 Sep 2008 15:24:00 Etc/GMT)

MSN Money News - OXY

News about Occidental Petroleum Corp

• Credit fears creep even into cash-rich oil sector

  (Tuesday, December 02, 2008 2:42 PM)

  HOUSTON (AP) - Access to credit and the capital needed for exploration and production is the biggest obstacle facing oil companies in 2009, even more than lower crude and natural gas prices, a new survey shows.

• Top 5 Vanguard Funds Get a Bounce

  (Tuesday, December 02, 2008 9:05 AM)

  Energy and telecommunications funds from Vanguard got a reprieve last month.

• Plains Exploration closes $1.25B properties sale

  (Monday, December 01, 2008 4:57 PM)

  HOUSTON (AP) - Plains Exploration & Production Co. on Monday said it completed the $1.25 billion sale of its remaining oil and gas properties located in the Permian Basin in west Texas and Piceance Basin in Colorado to Occidental Petroleum Corp.

• Wall Street Learns It's Really a Recession; Dow D

  (Monday, December 01, 2008 4:42 PM)

  Stocks in New York tanked as the Bureau of Economic Research confirmed the U.S. has been in a recession for nearly a year. Gregg Greenberg reviews the action in The Real Story video (above).

• Stocks Tumble Hard as Recession Fears Become Real

  (Monday, December 01, 2008 3:19 PM)

  Stocks in New York continue to taken on hefty losses as the Bureau of Economic Research confirms the U.S. has been in a recession for nearly a year.

• PXP Completes $1.25 Billion Sale of Its Remaining

  (Monday, December 01, 2008 2:32 PM)

  HOUSTON, Dec. 1 /PRNewswire-FirstCall/ -- Plains Exploration & Production

• Stocks Sink Further on Confirmation of a Recessio

  (Monday, December 01, 2008 1:38 PM)

  Stocks in New York are adding to their already sizable losses as the Bureau of Economic Research confirms the U.S. has been in a recession for nearly a year.

OXY - News and Analysis from Seeking Alpha

'OXY' Tag RSS Syndication from SeekingAlpha.com

• Highest Yielding Stocks Going Ex-Dividend in December

  (Mon, 01 Dec 2008 08:56:25 -0500)

  Stockerblog submits:

  Investors occasionally use a stock trading technique called 'Buying Dividends,' which is the technique of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets.

  If you are interested in buying dividends, there are many stocks in many different industries to choose from. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after...

• Occidental Petroleum: Stock Price Doesn't Reflect Company's Real Value

  (Thu, 27 Nov 2008 04:13:50 -0500)

  Bullish Bankers submits:

  During these tough times, in a market environment where literally no one is safe, you would assume that a company which is one of the largest one hundred components of the S&P 500 (SPY) would take somewhat less of a hit when compared to its peers. If the company also had a great long term track record and a balance sheet so clean you could eat off it, you would be certain that the stock price would reflect these factors. Unfortunately for the market and fortunately for investors, Occidental Petroleum (OXY) is a company...

• IEO: Worth Exploring at Today's Prices

  (Wed, 26 Nov 2008 17:11:11 -0500)

  Don Dion submits:

  From August 26 to November 18, iShares Dow Jones U.S. Oil and Gas Exploration & Production Index (IEO) fell from the No. 25 position on our ETF Sector Momentum Table to the No. 84 spot. While IEO’s investors have felt the pain of a distinct decline in recent months, the market has begun to reevaluate oil’s new lows and look for opportunities, such as IEO, to get involved in a potential oil upswing in months to come. IEO tracks companies that are involved in several aspects of the oil...

• Hedge Fund Tracking: Timothy Barakett's Atticus Capital, Q3 2008

  (Tue, 25 Nov 2008 05:47:38 -0500)

  Market Folly submits:

  Next up, we have Atticus Capital. Atticus Capital is a hedge fund run by Timothy Barakett. In 2005, Atticus' funds were up a combined 45% and they finished well over 30% for 2006. Barakett founded the firm at age 26 in 1995 and focuses on taking large, concentrated positions in companies. One of Atticus' most famous investments was Phelps Dodge, a miner which was bought out by Freeport McMoran (FCX). At one point, Atticus owned more than 9% of Phelps. They continue to hold some of their position in what is now the combined FCX.

  Barakett received his...

• S&P 100 P/E Ratios: How Low Can They Go?

  (Thu, 20 Nov 2008 16:42:06 -0500)

  Hickey and Walters (Bespoke) submit:

  Below we highlight stocks in the S&P 100 (what once were considered blue chips) with the lowest estimated P/E ratios based on earnings expectations for the next four quarters.  Even if earnings came in it at half of expectations for these companies, their valuations would still be attractive in a normal market environment.  But because there is so much uncertainty about the future of these stocks and the US economy as a whole, investors aren't taking any chances. 

  While some of these companies might not make it, there...

• How Low Can Mining Stocks Go? (Part II)

  (Thu, 20 Nov 2008 05:05:08 -0500)

  Andrew Mickey submits:

  By now it’s clear a global recession at hand. China announced its plans to stay the course, the Obama rally has passed, and the U.S. consumer has decided to cut back. We’re in a bear market and the highly cyclical commodity stocks have led the way down.

  Is there more downside to come in commodities? Have we finally hit rock bottom? These are a few questions I posted a few weeks ago in “How Low Can Mining Stocks Go?”

  
  (Tue, 18 Nov 2008 07:14:01 -0500)

  Market Folly submits:

  The second fund in the 3rd quarter edition of our 2008 hedge fund tracking series is Clarium Capital Management, LLC. Clarium is a $6 billion global macro hedge fund run by Peter Thiel, the co-founder of PayPal. 2008 has been a roller coaster year for Thiel and company. Earlier in the year, they were up over 45%. But, as market volatility increased, they began to give back their gains and now find themselves -2.8% for the year. This was in part due to a rough October, in which they were down 18% for the month,...

• S&P Neural Fair Value 25 Portfolio: Good Source for Investment Ideas

  (Tue, 11 Nov 2008 05:18:22 -0500)

  Thomas Smicklas submits:

  Back from a rigorous real estate trip to the Wilmington, NC environs. I am finding excellent opportunities to Lease-Option and Land Contract new homes which we build at a reasonable price and market to buyers who are not quite ready for prime time bank financing even though they have good income and very good credit scores. The three bedroom/two bath ranch homes are receiving excellent reviews for quality and livability. Even in a crappy market, business is approaching the brisk stage. I also like multi-family housing, as the supply of renters keeps growing and growing.
  
  On...

• Market Condition Summary: Improving, but Remain Cautious

  (Wed, 29 Oct 2008 09:25:20 -0400)

  J Clinton Hill submits:

  Equity Markets: DJ-30 Industrials +889.35 @ 9065.12; SP-500 +91.59 @ 940.51; Nasdaq +143.57 @ 150.590; Russell 2000 +34.15 @ 448.40; VIX -13.10 @ 66.96

  Credit Markets: Fed Funds Target: 1.50;  10 Yr Tsy Yld: 3.82;  TedSpread: 2.71;  2-10 Yr Yield Curve Spread: 2.25;  Tips Spread: 0.82;  Top Commercial Paper: 0.78

  
  Complete Story »

• Boone Pickens' Capital Funds Down; Investors Withdrawing Money

  (Wed, 29 Oct 2008 06:45:28 -0400)

  Market Folly submits:

  In what seems like an endless cycle of hedge fund withdrawals and redemptions, it should come as no surprise that investors in Boone Pickens' BP Capital hedge funds are seeking their money back. Let the redemption bloodbath begin. In addition, it seems as if BP Capital is partly responsible for the massive sell-off in energy equities.
  
  We first got word of Boone's poor performance towards the end of September, when we noted that his equities fund was -30% through August, and his commodities fund was -84% through the same period. In his recent...

Investor Clicks Financial Advertising

News for Occidental Petroleum Corporation - Google Finance

News for Occidental Petroleum Corporation - Google Finance

• Occidental Petroleum (NYSE: OXY) NewsBite

  (Tue, 02 Dec 2008 15:56:20 GMT)
  Occidental Petroleum (NYSE: OXY) NewsBite
  Market Intelligence Center - Dec 2, 2008

  Occidental Petroleum (NYSE: OXY) opened at $48.12. So far today, the stock has hit a low of $46.96 and a high of $48.74. OXY is now trading at $48.28, up $2.39 (5.21%). Over the last 52 weeks the ...

• BUYINS.NET: Market Maker Surveillance Report. Top 6 Abnormal Price Friction Stocks For December 1, 2008

  (Tue, 02 Dec 2008 15:27:15 GMT)
  BUYINS.NET: Market Maker Surveillance Report. Top 6 Abnormal Price Friction Stocks For December 1, 2008
  Trading Markets (press release) - Dec 2, 2008

  Dec 02, 2008 (M2 PRESSWIRE via COMTEX) -- INT | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for December 1 ...

• Plains Exploration sells assets to Occidental Petroleum

  (Tue, 02 Dec 2008 14:39:18 GMT)
  Plains Exploration sells assets to Occidental Petroleum
  SmartBrief - Dec 2, 2008

  Plains Exploration & Production has sold the remaining oil and natural gas properties it had in West Texas and Colorado to Occidental Petroleum for $1.25 billion. The Permian and Piceance basins ...

• Plains Exploration & Production Company concludes sale agreement with Occidental Petroleum Corporation

  (Tue, 02 Dec 2008 09:50:47 GMT)
  Plains Exploration & Production Company concludes sale agreement with Occidental Petroleum Corporation
  Trading Markets (press release) - Dec 2, 2008

  Dec 02, 2008 (M2 EQUITYBITES via COMTEX) -- PXP | Quote | Chart | News | PowerRating -- Oil and gas company Plains Exploration & Production Company (NYSE: PXP) declared on 1 December that the ...

• Occidental Petroleum Won Oil Deal with Libya

  (Tue, 02 Dec 2008 09:41:34 GMT)
  Occidental Petroleum Won Oil Deal with Libya
  Neftegaz.RU - Dec 2, 2008

  The new contract provides for a $1 billion signature bonus payable over three years, as Occidental eyes participation for the next three decades in fields containing "substantial" proven reserves ...

• Plains Exploration Completes Sale Of Remaining Properties To Occidental For $1.25 Billion

  (Tue, 02 Dec 2008 06:49:44 GMT)
  Plains Exploration Completes Sale Of Remaining Properties To Occidental For $1.25 Billion
  Trading Markets (press release) - Dec 2, 2008

  (financialwire.net via COMTEX) -- PXP | Quote | Chart | News | PowerRating -- December 2, 2008 (FinancialWire) -- Plains Exploration & Production Co. (NYSE: PXP | Quote | Chart | News ...

• Plains Exploration closes $1.25B properties sale

  (Mon, 01 Dec 2008 22:07:21 GMT)
  Plains Exploration closes $1.25B properties sale
  CNNMoney.com - Dec 1, 2008

  NEW YORK (Associated Press) - Plains Exploration & Production Co. on Monday said it completed the $1.25 billion sale of its remaining oil and gas properties located in the Permian Basin in west ...

• PXP Completes $1.25 Billion Sale of Its Remaining Oil and Gas Properties in the Permian and Piceance Basins

  (Mon, 01 Dec 2008 22:03:15 GMT)
  PXP Completes $1.25 Billion Sale of Its Remaining Oil and Gas Properties in the Permian and Piceance Basins
  PR Newswire (press release) - Dec 1, 2008

  HOUSTON, Dec. 1 /PRNewswire-FirstCall/ -- Plains Exploration & Production Company (NYSE: PXP) ("PXP" or the "Company") announced today it completed the sale of its remaining interests in oil and ...

• ValuEngine Upgrades BP Prudhoe Bay Rty, BP Plc To A '5' Rating

  (Mon, 01 Dec 2008 08:19:54 GMT)
  ValuEngine Upgrades BP Prudhoe Bay Rty, BP Plc To A '5' Rating
  Trading Markets (press release) - Dec 1, 2008

  (financialwire.net via COMTEX) -- OXY | Quote | Chart | News | PowerRating -- December 1, 2008 (FinancialWire) (Investrend Research Syndicate) -- ValuEngine, Inc. (http://www.valuengine.com ...

• Schaeffer's Street Stories: Nexen Snags Bearish Brokerage Action, Yet Still Rallies

  (Fri, 28 Nov 2008 17:37:22 GMT)
  Schaeffer's Street Stories: Nexen Snags Bearish Brokerage Action, Yet Still Rallies
  Business Wire (press release) - Nov 28, 2008

  CINCINNATI--(BUSINESS WIRE)--Formerly Canadian Occidental Petroleum, Nexen Inc. (NYSE: NXY) explores for and produces oil, gas, and chemicals primarily in the UK North Sea, US, Gulf of Mexico ...

MarketWatch.com - All MarketWatch News - OXY

MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.

• Energy Stocks: Oil shares notch solid gains as equities, crude markets rally

  (Wed, 26 Nov 2008 17:10:00 -0500)

  Energy stocks close sharply higher Wednesday, riding a 247-point gain by the Dow Jones Industrials and a 7% jump in crude-oil prices ahead of the Thanksgiving Day holiday.

• Energy Stocks: Major energy indexes jump, outperform broad market

  (Mon, 24 Nov 2008 16:26:00 -0500)

  Energy stocks rose with the broad market in early action on Monday as investors in oil, natural gas and drilling firms took heart with the historic bailout of Citi.

• Energy Stocks: Sector under pressure as oil drops to $57 a barrel

  (Wed, 12 Nov 2008 16:20:00 -0500)

  Energy stocks move lower with both the broad market and with falling oil prices on as the economic slowdown continued to fuel concerns about weak demand.

• Energy stocks pile on the gains as crude tops $70 a barrel

  (Tue, 04 Nov 2008 16:55:00 -0500)

  Energy stocks jump, pulled higher by a big rally in crude-oil prices and stellar gains by some of the biggest names in the oil-services sector.

• Occidental earnings per share up 76% in quarter

  (Tue, 28 Oct 2008 07:50:28 -0500)

  NEW YORK (MarketWatch) -- Occidental Petroleum Corp. said Tuesday that third-quarter earnings rose to $2.27 billion, or $2.78 a share, compared to $1.32 billion, or $1.58 a share, in the year-ago period. Net sales were $7.06 billion compared to $4.84 billion a year ago. Analysts polled by FactSet Research estimated, on average, earnings per share of $2.78 and sales of $6.93 billion. Dr. Ray R. Irani, chairman and chief executive officer, said, "Our production grew by 3% for the third quarter and 5.5% for the first nine months compared to last year."

• Occidental Petroleum Q3 sales $7.06 billion vs $4.84 bln

  (Tue, 28 Oct 2008 07:33:14 -0500)

• Occidental Petroleum Q3 profit $2.27 billion vs $1.32 bln

  (Tue, 28 Oct 2008 07:32:43 -0500)

• Occidental Petroleum Q3 profit $2.78 a share vs $1.58

  (Tue, 28 Oct 2008 07:31:13 -0500)

• Earnings Watch: Updates, advisories and surprises

  (Tue, 28 Oct 2008 19:01:09 -0500)

  A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

• Movers & Shakers: Tuesday's biggest gaining and declining stocks

  (Tue, 28 Oct 2008 17:57:00 -0500)

  Among the companies whose shares are seeing active trade in Tuesday's session are Allstate, Ashland, Huntsman, Interpublic, McGraw-Hill, Meritage, Plum Creek, SAP and Whirlpool.

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