Spin-off of California Resources
On November 30, 2014, the spin off of Occidental’s California oil and gas operations and related assets were spun-off through the pro rata distribution of 81.3 percent of the outstanding shares of common stock of California Resources Corporation to holders of Occidental common stock creating an independent, publicly traded company.
Special stock dividend declared in February 2016 of the remaining 71.5 million shares of common stock of California Resources Corporation to stockholders of record as of February 29, 2016, which was distributed on March 24, 2016.
Oxy stock has split twice:
2-for-1 stock split on July 20, 2006
3-for-1 stock split on January 29, 1968