- How can I obtain an annual report or company information packet?
- Can I buy stock directly from the company?
- How many times has Oxy stock split?
- I still have stock from Vintage Petroleum, Inc., Midcon Corporation, Cities Service Corporation or Iowa Beef Processor/IBP but that company doesn't exist anymore. What do I do?
- What is a transfer agent? Who is the transfer agent for Oxy?
- How can I find out about my Occidental stock and can I access information online?
- How can I get more information about the performance of the stock?
- I inherited shares of Oxy stock. How can I determine a) the value and b) the cost basis of the shares?
- I purchased Oxy stock as well as other investments in my 401(k) plan through payroll deduction when I worked for the company. How do I find out about my account?
- What do "record date" and "ex-dividend" mean with respect to the dividend?
- What does it mean to be a registered stockholder?
- What does it mean to be a beneficial stockholder?
- Stock Exchange Listings
- Independent Public Accountants
1. How can I obtain an annual report or company information packet?
Oxy's information packet includes the most current Annual Report, 10-K, 10-Q, quarterly earnings releases, most current proxy statement, and fact sheet. There are a few ways to obtain this information:
2. Can I buy stock directly from the company?
While we'd like to assist you, stock cannot be purchased directly from the company. To purchase stock, you will need to contact a brokerage firm. However, if you already own shares, you may enroll in the Dividend Reinvestment Program (DRP) to purchase additional shares. You must own 25 shares of Oxy stock to enroll in the DRP. Information about this program is available below, or you can contact the transfer agent, BNY Mellon Shareowner Services, to receive a prospectus and enrollment form at 800-622-9231 (from outside the U.S., please call 201-680-6578).
3. How many times has Oxy stock split?
Oxy stock has split twice: a 2-for-1 stock split on July 20, 2006, and a 3-for-1 stock split on January 29, 1968. Read more...
4. I still have stock from Vintage Petroleum, Inc., Midcon Corporation, Cities Service Corporation or Iowa Beef Processor/IBP but that company doesn't exist anymore. What do I do?
On January 30, 2006, Occidental Petroleum Corporation acquired Vintage Petroleum, Inc. Under the terms of the merger agreement, Vintage stockholders received $20.00 per Vintage share in cash, plus 0.42 Occidental shares per Vintage share.
If you still have stock certificates for Vintage Petroleum, Inc., you should contact the exchange agent, BNY Mellon Shareowner Services, 800-622-9231 (from outside the U.S., please call 201-680-6578).
On April 1, 1986, Occidental Petroleum Corporation purchased Midcon Corporation. Under the terms of the purchase agreement, Midcon Corporation stockholders were entitled to exchange each Midcon Corporation share for 2.2472 shares of Occidental common stock.
On December 3, 1982, Occidental Petroleum Corporation acquired Cities Service Corporation. Under the terms of the purchase agreement, Cities Service Corporation stockholders were entitled to exchange each Cities Service Corporation share for .41 of a share of $15.50 Cumulative Preferred Stock of Occidental and the right to receive one or more Zero Coupon Notes.
On August 12, 1981, Occidental Petroleum Corporation acquired Iowa Beef Processors. Under the terms of the purchase agreement, Iowa Beef stockholders were entitled to exchange each Iowa Beef share for 1.328 shares of Occidental common stock and either .385 of a share of Occidental $14.625 Preferred Stock or, at the election of the stockholder, .385 of a share of Occidental $14.00 Cumulative Preferred Stock.
If you still have stock certificates for Midcon Corporation, Cities Service Corporation or Iowa Beef Processor/IBP, the certificates would have been canceled on the books of the company and the underlying value turned over to the certificate holder's state of residence. Contact your State Unclaimed Property Division to claim these funds.
The numbers shown above have not been adjusted for the July 2006 stock split.
5. What is a transfer agent? Who is the transfer agent for Oxy?
A transfer agent is a professional agency employed by a corporation to handle transfers of stock, conversion of securities, mailings to stockholders, payments of dividends, stock subscriptions and maintaining the stock record books of the corporation. BNY Mellon Shareowner Services is the transfer agent for Occidental Petroleum Corporation.
BNY Mellon Shareowner Services
Shareholder Relations
Newport Office Center VII
480 Washington Boulevard
Jersey City, NJ 07310
800-622-9231
201-680-6578 (From outside the U.S.)
6. How can I find out about my Occidental stock and can I access information online?
To find out more about your holdings, please contact either your broker or our transfer agent, BNY Mellon Shareowner Services, 800-622-9231 (from outside the U.S., please call 201-680-6578).
If you are a registered stockholder (i.e. you hold your shares in your name, not through a broker), you can access your account with BNY Mellon Shareowner Services by clicking here (click on "Online Services" and then "Investor ServiceDirect®"). First-time visitors will receive a personal identification number in order to gain access to their account.
7. How can I get more information about the performance of the stock?
To get more information about Oxy stock performance, refer to the Stock Information area of this web site, which includes stock performance charts and a link to Occidental's financial information on to the SEC's EDGAR database.
8. I inherited shares of Oxy stock. How can I determine a) the value and b) the cost basis of the shares?
Generally, the income tax cost basis of property acquired by inheritance is the fair market value of the property on the date of the decedent's death, i.e., the closing share price on that date times the number share held by the decedent. Tax consequences may vary, so you are encouraged to consult your personal tax advisor.
9. I purchased Oxy stock as well as other investments in my 401(k) plan through payroll deduction when I worked for the company. How do I find out about my account?
Personal Savings Account (PSA) participants may have investments under the PSA's Oxy Stock Fund, but they are not considered stockholders of record. All shares are held under the name of the particular trust. The underlying investment of the PSA's Oxy Stock Fund is Oxy common stock. If you wish to see your balance in the Oxy Stock Fund or have questions concerning your PSA, you may access the secure OxyLink site at oxylink.oxy.com or call the OxyLink Employee Service Center (800) 699-6903 from 8:30 AM to 5:00 PM Central Time.
10. What do "record date" and "ex-dividend" mean with respect to the dividend?
The record date is the date by which a stockholder must officially own shares in order to be entitled to receive the next dividend. Dividends are paid to stockholders of record as of a specified date. After the record date, the stock is said to be ex-dividend. Ex-dividend is the interval between the announcement and the payment of a dividend. An investor who buys shares during that interval is not entitled to the dividend.
11. What does it mean to be a registered stockholder?
You are a registered stockholder if your name appears in the corporation's stock transfer records maintained by the transfer agent. To find out more about your holdings, please contact either your broker or our transfer agent, BNY Mellon Shareowner Services, 800-622-9231 (from outside the U.S., please call 201-680-6578).
12. What does it mean to be a beneficial stockholder?
Generally, you are a beneficial stockholder if your shares are held through a brokerage account, as opposed to registered directly in your name. This is also referred to as holding shares in "street name."
13. Stock Exchange Listings
Oxy stock is traded on the New York Stock Exchange (trading symbol "OXY"), commonly listed in newspapers as "Occidental" or "Occidental Petroleum Corporation."
14. Independent Public Accountants
KPMG, Los Angeles, serves as the independent public accountant for Oxy.