Top Gas Stocks To Own Right Now

Top Gas Stocks To Own Right Now: Occidental Petroleum Corporation(OXY)

Occidental Petroleum Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company primarily in the United States. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing, and Other. The Oil and Gas segment explores for, develops, produces, and markets crude oil, natural gas liquids, and condensate and natural gas. Its domestic oil and gas operations are located in Texas, New Mexico, California, Kansas, Oklahoma, Utah, Colorado, North Dakota, and West Virginia; and international oil and gas operations are located in Bahrain, Bolivia, Colombia, Iraq, Libya, Oman, Qatar, the United Arab Emirates, and Yemen. As of December 31, 2010, this segment had proved reserves of approximately 3,363 million barrels of oil equivalent. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, and ethylene dichloride products; vinyls, such as vinyl chloride monomer and polyvinyl chloride; and other chemicals comprising chlorinated isocyanurates, resorcinol, sodium silicates, and calcium chloride products. The Midstream, Marketing, and Other segment gathers, treats, processes, transports, stores, purchases, and markets crude oil that includes natural gas liquids and condensate, as well as natural gas and carbon dioxide. This segment also involves in the power generation; and trades around its assets comprising pipelines and storage capacity, as well as oil and gas, other commodities, and commodity-related securities. Occidental Petroleum Corporation was founded in 1920 and is based in Los Angeles, California.

Advisors' Opinion:

• [By Dividends4Life]

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• [By David Smith]

  It's unlikely that the plaintiff's attorney will quietly fade into the night, however. Indeed they've clearly found an ideal incubation site for their efforts to extract lucre from a big American company. But, Chevron isn't alone in encountering legal devilry in Ecuador. Fully 39 arbitration requests have been filed with the World Bank by international companies involved with Ecuador's powers that be. Last year the bank's Center for Settlement of Investment Disputes ordered the country to pay $1.77 billion to Occidental Petroleum (NYSE: OXY  ) , following the seizure of the company's assets there in 2006.

• [By Eric Volkman]

  The long dividend pipeline of Occidental Petroleum (NYSE: OXY  ) continues to flow. The company has declared its latest distribution, which is to be $0.64 per share paid on October 15 to shareholders of record as of September 10. That amount matches both of the firm's previous two disbursements, the most recent of which is set to be paid on July 15. Prior to that, Occidental was less generous by $.10, handing out $0.54 per share.

• [By Lee Jackson]

  Occidental Petroleum Corp. (NYSE: OXY) may have a defining moment this week when it holds its annual board meeting. It is expected to announce a tax-free spin-off of the Oxy California business. While bears always havepointed to the 35% of earnings that come from the volatile Middle East, Occidental is one of the top names in the Permian Basin in Texas. We recently wrote about how the region may contain more than a billion barrels of oil.The consensus price target for Occidental is $108. The stock pays shareholders a 2.7% dividend. Occidental closed Thursday ! at $95.10! .

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-gas-stocks-to-own-right-now-3.html