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     1322  461 Kommentare Occidental Petroleum Issues Statement Regarding Icahn Filing - Seite 2

    Because the factors referred to above could cause actual results or outcomes to differ materially from those expressed or implied in any forward-looking statements, you should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date of this communication and, unless legally required, Occidental does not undertake any obligation to update any forward-looking statement, as a result of new information, future events or otherwise.

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    Occidental Petroleum Issues Statement Regarding Icahn Filing - Seite 2 Occidental Petroleum Corporation (“Occidental” or “the Company”) (NYSE: OXY) today issued the following statement in response to the materials filed by Carl Icahn: We maintain an open dialogue with all our shareholders and welcome constructive input …

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    29.05.24 15:02:22
    Fazit: Folgt Occidental Petroleum als nächstes?

    Nach einer ganzen Reihe von Deals steht die Öl-Branche vor der nächsten Übernahme: ConocoPhillips wird seinen kleineren Konkurrenten Marathon Oil für 22,5 Milliarden US-Dollar in Aktien übernehmen.

    Nachdem die US-Wettbewerbshüter in den vergangenen Monaten bereits größeren Deals zugestimmt hatten, könnte das Übernahmeangebot höchstens am Widerstand der Aktionäre von Marathon Oil scheitern, die den Deal mit Blick auf die gute Ertragslage als zu niedrig ablehnen könnten. Nach dem Deal aber gemeinsam ausgehandelt wurde und es sich nicht um eine feindliche Übernahme handelt, wird das Management von Marathon Oil seinen Aktionären raten, dem Deal zuzustimmen.

    In der stark von Konsolidierung betroffenen Branche dürfte nach einer erfolgreichen Übernahme auch die Aufmerksamkeit gegenüber Occidental Petroleum wieder steigen, das mit einer Marktkapitalisierung von etwa 55 Milliarden US-Dollar ebenfalls ein mögliches Übernahmeziel darstellt.


    https://www.wallstreet-online.de/nachricht/18138923-geruecht…
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    28.05.24 10:06:38
    This Top Warren Buffett Stock Should See a Big Earnings Boost by 2026


    Occidental should get a $1 billion annual free cash flow boost from its CrownRock acquisition.
    By the middle of 2026, it should have over $1 billion of additional free cash flow from its non-oil businesses.
    The company's growing free cash flow will give it more money to return to shareholders.


    he company expects to use some of its incremental free cash flow to repay debt as it matures, reducing its interest expense. It plans to retire $3.7 billion of debt through 2026, cutting its annual interest expense by $180 million and boosting its free cash flow by a similar amount.

    Finally, Occidental has invested heavily in expanding its chemical operations, called OxyChem. Projects to enhance existing plants and modernize and expand its Battleground facility will supply it with growing earnings and free cash flow over the next several years. The company should see about $325 million of additional annual free cash flow from OxyChem by 2027 as its projects come online through mid-2026.
    Multiple cash flow catalysts

    Occidental Petroleum expects several drivers will add over $2 billion to its annual free cash flow by the second half of 2026. That's without any help from higher oil prices, which could give it an even bigger boost. The company can use that free cash flow to return more money to its shareholders. This combination of rising cash flow and cash returns could create a lot of value for investors, including Buffett's Berkshire, over the next few years.


    https://www.fool.com/investing/2024/05/22/this-top-warren-bu…
    Avatar
    13.05.24 11:59:11
    he Switch
    Direct air capture - crucial progress or costly greenwashing?

    May 10, 2024

    Heirloom Technologies has opened the first commercial direct air capture plant in the U.S., sucking carbon dioxide from the air. CEO Shashank Samala explains why he believes the technology is essential if we are to reach net zero, despite concerns it could be used as an excuse to keep polluting.

    https://www.reuters.com/video/watch/idRW107608052024RP1/
    Avatar
    13.05.24 10:26:29
    Nevermind Those EVs — Oil Demand Keeps Growing

    Fuel efficiency and green initiatives haven’t slaked the world’s thirst for crude.

    https://www.bloomberg.com/opinion/articles/2024-05-13/are-ev…
    Avatar
    02.05.24 17:17:35
    3 Reasons to Buy Occidental Petroleum (and Warren Buffett Isn't 1 of Them

    https://www.fool.com/investing/2024/04/30/3-reasons-to-buy-o…

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