Why Occidental Stock Is Up Today
Shareholders have larger dividends headed their way.
Overview
Shares of Occidental Petroleum (NYSE: OXY) rose on Thursday after the oil and gas producer raised its cash payouts to investors.
Image source: Getty Images.
Occidental produced an average of 1,433 thousand barrels of oil equivalent per day (Mboed) in the second quarter, besting its own internal targets.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.