anyone else this news guy should be contacted about writing an updated story? https://www.google.com/amp/s/amp.cnn.com/cnn/2020/01/10/business/vicki-hollub-occidental-risk-takers/index.html

OXY will have to go into Chapter 11 to protect itself from the Creditors. This is only a holding period that gives OXY a chance to prove to the Chapter 11 Judge that they can create a plan to become solvent and pay back creditors. (sometimes 10 cent... — read more 

I don’t understand why everyone is so stressed about depressed stock price? Look at all Shale producers and majors they are in the same boat like Oxy. Companies like ConocoPhillips cut their dividends long back during 2017. It is a good decision to... — read more 

Remember this gem: "I just get in my kayak. I go kayaking on the bay in Galveston. What bothers me more than anything is our shareholders are going through some stress. I care about that. I want to lower their stress, and I want to do it as quickly... — read more 

“One thing I’ve learned in life is not to let peo­ple man­age your af­fairs who are delu­sional enough to think they could out­bid Chevron and out­smart Buf­fett,” Mr. Ic­ahn said. “And yet this is just what the board has done, and it cost the... — read more 

Why hasn’t Vicki sent an apology email out to her employees and shareholders saying sorry for what she has done? Further, when is the board going to do the right thing and fire her.

Oxy stock was $68 almost a year ago in April 2019. It closed today under $12. That is real management excellence at work. Not to mention the that new impressive dividend of 11 cents.

Near the end of trading today, Oxy’s market cap is $10.56 billion ($11.70 per share). Warren Buffet holds $10 billion in preferred stock with 8% annual dividend ($800 million/year) that can’t be cut Like it or not, Warren already owns Oxy. What... — read more 

Get ready for debt downgrades. (Apologies to the milk board).

How soon will layoffs begin?

Unfortunately there could be many failures, first among those might be Occidental (OXY) which paid a huge amount – $55 billion – for Anadarko Petroleum, a decent, not great producer. Occidental is now worth $15 billion largely because it will have... — read more 

Did EC sell or buy?

I'm good losing it all if we still get a chance to have our name drawn for the suite at MMP and the dope million+ sign in center field!

Never panic. Mark my word, Russia will get back with Saudis very soon and oil will rebound.

Here is an edited Bloomberg article from today. It is rather comical, in a perverse way. (Bloomberg Opinion) – A couple of weeks ago (remember that, oil investors?), Vicki Hollub, CEO of Occidental Petroleum Corp., called its dividend “one of the... — read more 

Will the CoC contract survive a bankruptcy? Would there be risk of funds to pay CoC severances being tied up by a bankruptcy?

So VH avoids a shareholder vote to buy APC and now punishes share holders even more by dropping dividend. She needs to be fired immediately

1). Will the shareholders try to remove Vicki and the EC for the destruction of wealth? 2). What percent of the company will get laid off, and how soon do you think it will happen? 3). Will the stock go to zero?

The dividend cut and Capex reduction is good news because Oxy can now pay its debt. There is $13 billion in 4.4% bonds which mature in 2049. Bonds traded as low as 63 cents on the dollar due to payment uncertainty. This will do nothing to prevent... — read more 

The stock trading has been halted pending news. I have not seen any news. Could it be the dividend cut that is mentioned in the previous post? This stock is in big trouble.

HOUSTON — March 10, 2020 — Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors approved a reduction in the company’s quarterly dividend to $0.11 per share from $0.79 per share, effective July 2020. The company also... — read more 

Oxy up almost 26% to $15.95 in premarket. Let's party!

Can’t they just send us an email telling us what we already know? Isn’t it humiliating enough just saying we work here, do we really have to keep up appearances?

Dividend cut coming real soon - can’t use the excuse anymore that stock price will get hit! It’s already toast! Look for credit rating agency downgrades to junk also.

Saudi Arabia and Russia are in a play to burn the American shale revolution. The whole thing is coordinated. Look a bit deeper, American exports are running free unencumbered, yet the markets expect Russia and SA (Opec +) to cut production... — read more 

Will COC package if laid off? Is this assumption correct?

Sorry OXY ... You lose... I know I would be laughing...

It looks like if you’re taking the VSP, you’re not going to get LTI. I get it in principle but does anybody know if this violates the terms of the acquisition agreement?

The price in down $6.36 to $20.50. It has not been this low since early 2004. Dividend cut might happen - currently over 9%.

When are we going to be fully recovered? https://www.bloomberg.com/news/articles/2020-03-08/oil-in-freefall-after-saudis-slash-prices-in-all-out-crude-war

I have to hand it to VH, our board, and our EC. The timing of the Anadarko deal couldn't have been much worse. Their arrogance has put us all in a world of hurt, especially if these prices stay low for very long. They'll press their Hawaiian shirts... — read more 

March 8, 2020. Aren't you glad you chose a career in this industry?

Getting closer and closer to the real value of what you people and your company are!!

How do you see things - what will happen next?

OXY closed at $34.22 today. Off a bit more than -50% from its 52W high and way down from the mid-$80’s 2 years ago. Dividend is now at 8.73% yield as WT slides below $50. Check out OXY’s market cap; true capital destruction! If price goes... — read more 

$40B Oxy buys $40B Anadarko and Oxy is now worth $40B! What’s your next move VH & Hawaiian shirt puppet?

Reposting the facts about Oxy, its track record and the kind of people they employ and the work environment they have. Of course, the disgraceful Anadarko acquisition can be added to this list. People deserve to know what Oxy is and why they have the... — read more