Investors Hate Oil Deals. Occidental was hit particularly hard by the crash in oil prices because it followed so quickly on the Houston-based company’s $37 billion takeover of Anadarko Petroleum Corp. last year. As is usual with these things, that number derives from a Rube Goldberg-esque set of performance metrics and weightings. There are a couple of ways of summarizing what’s happened with Occidental Petroleum Corp. since CEO Vicki Hollub went all-in on buying Anadarko Petroleum Corp. last year.
Moreover, while realizable pay may now be worth a fraction of what it was when the board met in February, the more pertinent question is why was it worth so much in February? So perhaps stuff like realizing synergies should have been redefined as the bare minimum rather than bonus-worthy.
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International stock quotes are delayed as per exchange requirements. Data may be intentionally delayed pursuant to supplier requirements. Astoundingly, the executives were deemed to have exceeded expectations even more on the latter bit. Oxy’s percentage for 2019: 175%.
Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright © Refinitiv. Here’s a quick sanity check by way of a chart.
Executive management roles. Executive Compensation Committee Charter for a complete description. Hence, while Hollub’s headline total compensation for 2019 clocks in at almost $16 million, the company calculates its value as of March 24 was a mere $4.4 million. (RTTNews) - Occidental Petroleum Corp. (OXY) said Tuesday that Stephen Chazen, the Chairman and Chief Executive Officer of Magnolia Oil and … Find the latest Occidental Petroleum Corporatio (OXY) stock quote, history, news and other vital information to help you with your stock trading and investing.
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