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4-Traders Homepage  >  Equities  >  Nyse  >  Occidental Petroleum Corporation    OXY

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Occidental Petroleum Corporation : Occidental Petroleum Announces Dividend

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05/02/2013 | 07:55pm CET

Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.64 per share on common stock payable on July 15, 2013, to stockholders of record as of June 10, 2013.

Oxy has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $2.56 per share.

About Oxy

Occidental Petroleum Corporation (OXY) is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is one of the largest U.S. oil and gas companies, based on equity market capitalization. Oxy's wholly owned subsidiary OxyChem manufactures and markets chlor-alkali products and vinyls. Oxy is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high standards of social responsibility in all of the company's worldwide operations.

Occidental Petroleum Corporation
Media:
Melissa E. Schoeb
310-443-6504
melissa_schoeb@oxy.com
or
Investors:
Chris Stavros
212-603-8184
chris_stavros@oxy.com
On the web: www.oxy.com


© Business Wire 2013
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Financials ($)
Sales 2017 13 581 M
EBIT 2017 2 188 M
Net income 2017 1 696 M
Debt 2017 7 884 M
Yield 2017 4,80%
P/E ratio 2017 41,85
P/E ratio 2018 35,32
EV / Sales 2017 4,15x
EV / Sales 2018 3,83x
Capitalization 48 425 M
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Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 75,0 $
Spread / Average Target 18%
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Managers
NameTitle
Vicki A. Hollub President, Chief Executive Officer & Director
Eugene L. Batchelder Independent Chairman
Christopher G. Stavros Chief Financial Officer & Senior Vice President
John E. Feick Independent Director
E. Spencer Abraham Independent Director
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