Occidental Petroleum Corporation (OPC.F)
| Previous Close | 45.99 |
| Open | 45.88 |
| Bid | 46.06 x 20000 |
| Ask | 46.14 x 20000 |
| Day's Range | 45.88 - 46.56 |
| 52 Week Range | 45.56 - 66.00 |
| Volume | |
| Avg. Volume | 468 |
| Market Cap | 42.232B |
| Beta (5Y Monthly) | 1.61 |
| PE Ratio (TTM) | 13.17 |
| EPS (TTM) | 3.50 |
| Earnings Date | Nov 05, 2024 - Nov 11, 2024 |
| Forward Dividend & Yield | 0.80 (1.73%) |
| Ex-Dividend Date | Sept 10, 2024 |
| 1y Target Est | 34.64 |
ReutersOccidental's 1PointFive secures funding of up to $500 million from US DOE
The facility had previously received funding from BlackRock, the world's largest asset manager. Occidental's first large-scale DAC facility represents a pivotal economic trial for a technology that the International Energy Agency says will play a key role for global industrial decarbonization, despite its high costs in initial tests. The total award value from the OCED for the facility could be raised to $650 million for the development of an expanded regional carbon network in South Texas, according to a release from Occidental.
GlobeNewswire1PointFive’s South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding
HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale DAC in the United States and validation of Occidental and 1PointFive’s ability to use their decades-long expertise in carbon management to ac
ZacksOccidental Petroleum (OXY) Stock Drops Despite Market Gains: Important Facts to Note
Occidental Petroleum (OXY) closed the most recent trading day at $50.66, moving -1.42% from the previous trading session.
