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Berkshire Hathaway to Take Occidental Petroleum Shares Instead of Cash Dividends

2020-04-15 22:30:00| OGI

Warren Buffett's Berkshire Hathaway last year bought $10 billion worth of Occidental Petroleum's preferred shares to help finance its $38 billion acquisition of Anadarko Petroleum.

Tags: cash shares petroleum dividends

 

Occidental Petroleum Opposes Possible Texas Oil Curtailments

2020-04-08 11:10:00| OGI

In a letter to regulators, Occidental Petroleum called the curtailment idea a "short-sighted" one that would disadvantage Texas oil producers against other states.

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Occidental Petroleum Names New CFO in Management Shakeup

2020-04-06 23:25:00| OGI

Occidental Petroleum did not provide a reason for the leadership change but the CFO transition marks the second major management change at the oil and gas company in recent weeks.

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Shale Producer Whiting Petroleum Files for Chapter 11 Bankruptcy

2020-04-01 15:30:00| OGI

Whiting Petroleum had explored a wide variety of alternatives to address its balance sheet and looming note maturities in a highly capital-constrained market environment, CEO Bradley J. Holly says.

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Percussion Petroleum Re-ups with Carnelian Following Successful 2019 Sale

2020-03-30 20:30:00| OGI

Percussion Petroleum II will pursue the same acquisition and development strategy as its predecessor, which sold its position in the Permian Basins Northwest Shelf to Spur Energy Partners in mid-2019.

Tags: sale successful petroleum percussion

 

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