Occidental Petroleum Corp /de/ (OXY) Files Form 4 Insider Selling : Stephen I Chazen Sells 5,000 Shares

Occidental Petroleum Corp /de/ (OXY): Stephen I Chazen , CEO of Occidental Petroleum Corp /de/ sold 5,000 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $72.85 per share for a total value of $364,250.00 according the SEC Form 4 Filing.

Currently the company Insiders own 0.35% of Occidental Petroleum Corporation shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -3.06%.Institutional Investors own 79.99% of Occidental Petroleum Corporation shares.During last six month period, the net percent change held by insiders has seen a change of -4.05%.

Occidental Petroleum Corporation: On Monday, Apr 11, 2016 heightened volatility was witnessed in Occidental Petroleum Corporation which led to swings in the share price. The shares opened for trading at $70.81 and hit $71.58 on the upside , eventually ending the session at $70.79, with a gain of 0.27% or 0.19 points. The heightened volatility saw the trading volume jump to 31,70,905 shares. The 52-week high of the share price is $82.026697 and the company has a market cap of $54,073 M . The 52-week low of the share price is at $58.216364.

Occidental Petroleum Corporation Money Flow Index Chart

Occidental Petroleum Corporation (Occidental) is engaged in the oil and gas exploration and production. The Company through its subsidiaries and affliates operates in the United States Middle East/North Africa and Latin America. Occidental operates through three segments. The oil and gas segment explores for develops and produces oil and condensate natural gas liquids (NGL) and natural gas. The chemical (OxyChem) segment manufactures and markets basic chemicals and vinyls. The midstream marketing and other segment (midstream and marketing) gathers processes transports stores purchases and markets oil condensate NGLs natural gas carbon dioxide (CO2) and power. It also trades around its assets including transportation and storage capacity and trades oil NGLs gas and other commodities.

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