US EPA approves Texas' first CO2 injection well [Yahoo! Finance]
Occidental Petroleum Corporation (OXY)
Last occidental petroleum corporation earnings: 2/27 04:13 pm
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US:NYSE Investor Relations:
oxy.com/investors/pages/default.aspx
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Source: Yahoo! Finance
The company's Oxy Low Carbon Ventures received a so-called Class VI permit to drill three CO2 wells in Ector County in the Permian Basin for its Stratos direct air capture joint venture with asset manager BlackRock, to inject 8.5 million metric tons of CO2. “EPA is committed to approving permits as quickly as possible and ensuring they meet requirements to protect drinking water sources,” said EPA Regional Administrator Scott Mason. Carbon sequestration had been a key part of former President Joe Biden's administration, which sought to reduce emissions that cause global warming. Biden's 2022 Inflation Reduction Act had included billions of dollars' worth of subsidies for CCS projects. The future of those tax credits is uncertain as Republicans seek to slash tax credits to achieve steep spending cuts in the budget reconciliation process. The Trump administration is weighing a cut in federal support for two major DAC projects, including another Occidental DAC project in Texas.
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OXY
News
- Syntholene Energy Corp Appoints Former CEO of Carbon Engineering and CEO of Captura Corp, Steve Oldham, to Board of Directors [Yahoo! Finance]Yahoo! Finance
- IFM Investors Launches Texas-Based Mobius Renewables, a Global Low Carbon Fuels PlatformBusiness Wire
- Can Occidental Petroleum (OXY) Stock Beat The Market? [Yahoo! Finance]Yahoo! Finance
- BofA Trims Occidental Petroleum (OXY) Target to $44 [Yahoo! Finance]Yahoo! Finance
- Occidental Petroleum: Not Where I Want It To Be Just Yet [Seeking Alpha]Seeking Alpha
OXY
Earnings
- 11/10/25 - Beat
OXY
Sec Filings
- 12/17/25 - Form 4
- 11/10/25 - Form 10-Q
- 11/10/25 - Form 8-K
- OXY's page on the SEC website