Icahn oxy

icahn oxy When looking at the institutional investors followed by Insider Monkey, Icahn Capital LP, managed by Carl Icahn, holds the number one position in Occidental Petroleum Corporation (NYSE:OXY). Insider Trading: Relationship: Date: Transaction: Cost: #Shares: Value ($) #Shares Total: SEC Form 4: ICAHN CARL C: 10% Owner: Apr 06: Sale: 25. 6 billion (5%) stake in Occidental Petroleum Corp. 1% in morning trading Thursday after it was disclosed that billionaire Carl Icahn trimmed his large stake in the oil and natural gas Carl Icahn seems to be losing his enthusiasm for Occidental Petroleum (NYSE: OXY). Occidental Petroleum Corp 's activist investor Carl Icahn has filed a lawsuit against the company over what it called its "misguided" pact to buy Anadarko Petroleum Corp, and may seek a special meeting to remove and replace board members. Earlier this week, Icahn went out of his way to criticize Occidental’s management while discussing the merger of two major casino businesses. After Hours Carl Icahn may be right about Occidental’s Anadarko deal, but for a different reason Published: July 31, 2019 at 1:07 p. The Icahn lawsuit is the latest saga for the deal. Mr Icahn suggested Occidental should now itself be sold. Icahn increased his stake in three holdings, Icahn Enterprises , Cheniere Energy , and Tenneco . (Reporting) OXY USA INC (Reporting) Western Midstream Partners, LP (Issuer) Form 4 Statement of changes in beneficial ownership of securities 09/11/2020 4:17 PM: ICAHN CARL C (Reporting) ICAHN PARTNERS LP (Reporting) ICAHN PARTNERS MASTER FUND LP (Reporting) Occidental Petroleum (Issuer) Form 4 ICAHN CARL C sec form 4 filings insider trading, stock buying and selling. Earlier this month, Chevron backed off its own $33 billion takeover attempt of Anadarko after Occidental submitted a superior bid. Shares of Occidental Petroleum Corp. The board will face a grilling next year anyway. . O>. ” According to an Oxy spokesman, the use of a consent solicitation to elect directors would require a majority of shares outstanding to be voted in favor, a greater Activist investor Carl Icahn reduced his stake in Occidental Petroleum by a third and announced that his Icahn Capital filed a lawsuit against the company over its purchase of Anadarko Petroleum. Icahn Carl C's largest holding is Icahn Enterprises LP with shares held of 221,749,462. He is also the largest shareholder in the investment firm’s underlying conglomerate company, Icahn Enterprises LP (IEP). The high-profile investor's Icahn Capital divulged in a regulatory filing Monday that it will sell up to 30 Mar 25, 2020 9:20AM EDT (RTTNews) - Occidental Petroleum Corp. 99,705,677: $1,589,308,491 Carl Icahn seems to be losing his enthusiasm for Occidental Petroleum (NYSE:OXY). Icahn reduced his stake in one holding, Cloudera ( CLDR ). Occidental Petroleum Corp (OXY): * CARL ICAHN REPORTS 8. oil and gas producer Occidental Petroleum Corp. Icahn picked up 11. Monitor SEC Form 4 Insider Trading Filings for Insider Buying and Selling. Carl Icahn Further Tones Up Stake in Xerox. One of his better deals has been with refiner CVR Energy. Houston-based Occidental Petroleum Corp. At current oil prices, OXY can’t afford the dividend. 86 million shares of OXY stock at an exercise price of Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. The activist investor made the move as the oil Doubling down in his fight to take control of Occidental Petroleum Corp. fax: +1 (212) 468-5381 . A look at the Carl Icahn holdings list shows that, like a lot of other top activist investors, he likes name-brand stocks. 205,063,328: $9,943,521,000: 55. On September 17, 2020, Icahn Partners LP ("Icahn Partners") purchased 185,709 warrants (the "Warrants") to purchase an equivalent number of shares (the "Shares") of common stock, par value $0. (NASDAQ:CZR), which has since been delisted. 04-08 marketwatch. HOUSTON (Reuters) - Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum (NYSE: OXY) Corp's board over its $38 billion acquisition of “We fully intend to run a proxy fight, and if elected, work to right this teetering ship,” Icahn wrote Friday in his letter to Oxy shareholders. Icahn was a vocal critic of Occidental Petroleum's deal to buy Anadarko Petroleum, a purchase seen by the Occidental Petroleum Corp <OXY. For instance, at the end of Q2 2019, Occidental Petroleum was the top buy in Icahn Enterprises. Carl Icahn gave up investing for outside clients nine years ago, but his vast personal wealth, estimated at $13. New York, New York, August 28, 2019 — Today, Carl C. Under the possible agreement, which was reported by The Wall Carl Icahn takes small stake in Occidental Petroleum, amid bidding war for Anadarko. Icahn Billionaire activist investor Carl Icahn has revealed whom he wants on Occidental Petroleum Corp. CNBC's David Shares of Occidental Petroleum Corp. In Dreman parlance, they have large stacks of green and black chips. Icahn and his affiliates launched the proxy battle in response to Occidental’s pending acquisition of The Woodlands-based Anadarko Petroleum Corp. Heavy Discount. Occidental Petroleum and activist investor Carl Icahn reach a deal bizjournals. n>::carl icahn says believe Brett Icahn co-managed Icahn Enterprises’ Sargon Portfolio until 2016 and helped the elder Icahn make successful stock picks, including an investment in Netflix Inc <NFLX. 60, for a total transaction of $89,600,000. Media: Melissa E. 4% of the company. But the rash deal has tested investors’ patience. By Scott Deveau on 12/1/2019. Hertz - Apple Store Rating Average 1 month Inspira Technologies OXY Aims For U. 38%). Icahn Carl C 2020 Q4 filed Feb. Icahn and Nov 25, 2019 12:25AM EST (RTTNews) - The billionaire investor Carl Icahn plans to nominate a slate of 10 directors in an attempt to seize control of the board of Occidental Petroleum Corp. The plaintiffs are affiliates of Carl C. Carl Icahn confirms 9. 4% of the company. 4% of the outstanding shares of OXY, is screaming bloody murder about what he calls Buffett and Munger “taking OXY to the cleaners. Icahn Carl C holdings changes, total fund size, and other information presented on HoldingsChannel. The numbers just don’t work. 2021-04-07 - Icahn Carl C has filed an SC 13D/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 91,332,184 shares of Occidental Petroleum Corporation (US:OXY). 7 billion ownership stake in Oxy, sued the company in May. Icahn also said they will remain on the board of OXY. The Forget The OPEC-Russia Rivalry, This Winner-Take-All Oil War Just Escalated Activist investor Carl Icahn boosted his stake in Occidental Petroleum (OXY) as collapsing oil prices have slammed Occidental Petroleum, the largest oil producer in the giant Permian Basin, has ceded to Carl Icahn’s demands and announced deep spending cuts in a bid to survive the steepest crude-price plunge Icahn last week disclosed the sale of 10 million shares of the oil and gas producer, reducing his Occidental holdings by nearly a third, according to a letter to shareholders. 71 billion stake by up to one-third while remaining on the oil Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. 6 billion stake in Occidental as of May 30, has been critical of Occidental’s pending purchase of rival Anadarko Petroleum. 9 percent of the outstanding shares of Oxy’s common stock. ” OXY: ICAHN CARL C ICAHN PARTNERS LP ICAHN PARTNERS MASTER FUND LP 10% Owner: 432,060: $2. (OXY) shed 3. is nearing a truce with Carl Icahn that would conclude one of the highest-profile corporate clashes of the past year and usher the activist investor into the embattled oil producer's board room as it seeks to recover from a series of setbacks. Icahn, by virtue of their relationships to Icahn Master (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Master directly beneficially owns. Houston-based Occidental said this month it plans to cut spending by 40% next year and accelerate asset sales in order to pay down debt and protect its dividend, both of which Hollub described NEW YORK - Billionaire investor Carl Icahn is furious over the generous terms Warren Buffett received when he came to the aid of Occidental Petroleum's bidding war with Chevron. OXY Occidental Petroleum / + 03/25/21 NextDecade, Oxy Low Carbon Ventures sign term sheet for CO2 processing 03/17/21 Nokia announces Melissa Schoeb as chief corporate affairs officer 03/12/21 Icahn may sell up to 30M shares of Occidental under trading plan 02/23/21 Occidental Petroleum sees Q1 oil & gas production 1,085-1,115 Mboed We would like to show you a description here but the site won’t allow us. OXY,-2. N> on Monday sharply criticized activist investor Carl Icahn's efforts to oust and replace four of its directors, and attacked his slate of board nominees as Icahn, as an Occidental shareholder, has had similar thoughts; as an activist shareholder, he is doing something about them. Stock Fundamentals for OXY Current profitability levels for the company are sitting at: Describing the Anadarko acquisition as a “fiasco” and insisting Oxy is “betting the company” by incurring $40 billion in debt, Icahn says he plans to oust and replace four Occidental board directors, change the company’s charter, and set up a strategic review committee. From the 13D/A filing: Icahn in May sued Oxy seeking court permission to grant him access to certain books and records of the company, “relating to its fundamentally misguided and hugely overpriced acquisition of Anadarko Petroleum Corporation after a bidding contest between the Company and Chevron. Icahn has been at war with Occidental’s (OXY) board and management since the oil driller borrowed heavily this past spring to pay for its controversial acquisition of rival Anadarko Petroleum. P. _____ July 22nd, 2019 . 99: 19,304,912 (Indirect) View: 2020-11-10 Option Award: 2020-11-12 6:49 pm In a regulatory filing, Icahn said he planned to oust and replace four Occidental directors and change the company's charter through a stockholder consent solicitation to prevent it from ever By Jennifer Hiller. Even if the sales are completed in their entirety, Icahn would still beneficially own over 77. Occidental is a large petroleum and chemicals corporation with operations in many parts of the world. CARL ICAHN: Yeah. com - 3 - Shares of Occidental Petroleum Corp. 04% shed 3. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. 70: 3,500,000 The Investor Relations website contains information about Icahn Enterprises's business for stockholders, potential investors, and financial analysts. (NYSE:OXY), Herbalife Nutrition Ltd. . 61% As Of April 7 Reuters - 5:24 PM ET 04/29/2021 Icahn believes Hollub pushed the Anadarko deal to avoid being acquired by a rival, even at a share price of $70, nearly six times higher than today. 70: 3,500,000 OXY: Occidental Petroleum: 88,627,271: 0. com/2wAUfmN that Occidental was nearing a truce with Icahn. Icahn, is expected to retain her position. In March, Icahn revealed a 14. Activist investor and Occidental Petroleum Corporation (NYSE: OXY) shareholder Carl Icahn wants the energy company to hold a special meeting to vote on board members and a change to in the company Icahn challenges Oxy’s ‘hugely overpriced’ Anadarko deal by Joe Barone, Shale Directories in Blog Billionaire activist investor Carl Icahn last week filed a lawsuit against Occidental Petroleum, looking for board seats and eventually a sale of the company, Kallanish Energy learns. Icahn released the following open letter to stockholders of Occidental Petroleum Corporation. In other words, Icahn may often be right, but that doesn’t mean investors who follow him do well. On September 9, 2020, Icahn Partners LP ("Icahn Partners") purchased 261,855 warrants (the "Warrants") to purchase an equivalent number of shares (the "Shares") of common stock, par value $0. 20 0. (NYSE:OXY) major shareholder Carl C. Yet Icahn, who also pushed Oxy to bring back former CEO Stephen Chazen to lead the company's board, faces an uphill battle to turn around the company and get a return on his investment. “We are pleased to reach this agreement with Carl Icahn, and we look forward to working with Carl Icahn’s Board members and the rest of the Board and management as a team to navigate the current difficult environment,” said Stephen I. march 12 (reuters) - occidental petroleum corp <oxy. 61% As Of April 7 Reuters - 5:24 PM ET 04/29/2021 Oxy might be wise to compromise and give Icahn a partial win. OXY-WT OXY : ICAHN CARL C: OXY-WT OXY : Hollub Vicki A. It’s good to talk to you again. Activist investor Carl Icahn increased his stake in Occidental Petroleum to almost 10%, according to a filing with the Securities and Exchange Commission on March 12. Carl Icahn made comments at the 13D Active Passive Conference a few weeks ago that explain exactly what the green wing bettors are thinking: Third, Carl Icahn, who owns 4. (RTTNews) - Activist investor Carl Icahn is seeking to replace four directors at Occidental Petroleum Corp. 70 back on Apr 06. Adding insult to injury, says Icahn, Warren Buffett took CEO Vicki Hollub "to the cleaners Activist investor Carl Icahn launched a lawsuit against Occidental Petroleum with the goal of potentially seeking board seats and a sale of the company. 9 million shares of OXY. That means the odds are good that a stock you own is among the Carl Icahn Explanation of Responses: 1. NEW YORK (Bloomberg) - Carl Icahn advanced his effort to replace Occidental Petroleum’s Occidental Petroleum shares traded higher Friday after Carl Icahn lost a court battle to gain access to records linked to the group's $38 billion takeover of Anadarko Petroleum, a deal the Icahn says Hollub and Batchelder need to come clean about whether Occidental was approached as an acquisition target. N, Cheniere Energy LNG. American City Business Journals +9. sions of Oxy’s management? Icahn spent around $1. 21% shed 3. S. 5% to 10%, according to a report by the Wall Street Journal. 00%: 18. NBCU Photo Bank via Getty Images. Carl Icahn plans to nominate a slate of 10 directors in an attempt to seize control of the board of U. Icahn, by virtue of their relationships to Icahn Master (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Master directly beneficially owns. Icahn had a 2. Insider trades for Occidental Petroleum Corp /de/ (OXY). Icahn wants to have more More OXY News BRIEF-Carl Icahn Reports 8. com| 04-15 (Bloomberg) -- Occidental Petroleum Corp. Dear Fellow Occidental Stockholders: We own over 33 million shares of Occidental Petroleum and we believe what recently happened in the OXY Boardroom is reprehensible. 61 percent ownership of the company. 97% shed 3. Chief Executive Vicki Hollub is eager to move forward following her $38 billion deal to buy Anadarko Petroleum Corp. Icahn, by virtue of their relationships to Icahn Master (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Master directly beneficially owns. 8, leaving him with 23 million shares valued at $900 million. A and Occidental Petroleum OXY. 07 million shares of Occidental, impacting the equity portfolio by 0. The high-profile investor’s Icahn Capital divulged in a regulatory filing Monday that it will sell up to 30 million shares of the oil and gas company, which at the maximum would constitute nearly 28% of Icahn’s total holding. The Wall Street Journal had first reported https://on. 22,687 OXY Petroleum has seen shares tumble 35% over the course of 2019; the only good news for Icahn is that he didn't buy in until early May, so he hasn't absorbed all of the losses - just, most of them. 6 billion in Occidental, or 4. To put it simply, Oxy’s shareholders will have lower returns as a result. This gives the company a unique network of relationships and access to Wall Street. Dear Fellow Occidental Stockholders: As large stockholders, we are very concerned with the situation at Occidental Petroleum Corporation (“OXY”). 9% stake in Occidental Petroleum (NYSE: OXY) in a 13D, as prior reports indicated. 62 beginning 4/12 and ending today $OXY has been a notable underperformer this Icahn is one of Occidental’s largest single shareholders, and he has been locked in a battle with the company’s board after their approval of a $55B takeover of Anadarko Petroleum earlier in 2019 Carl Icahn Wants You! (To Fill Out All Sorts Of Paperwork To Get Revenge On The CEO Who Gave His Money To Warren Buffett) And if you happen to own a few OXY shares yourself, well, he could Carl Icahn is 10% owner of OXY and filed no more than 7 filings with the SEC to disclose several buyings over the months of August and September of a total of "We believe Oxy is a good company with good assets," Icahn said in a statement. ’s (NYSE: OXY) board of directors took measures to stave off a hostile takeover by billionaire activist investor Carl Icahn. The 84-year old snapped up 10. 14, 2020 Icahn Carl C 2020 Q1 filed May 15, 2020 Downside scenario is OXY can't pay its debt or oil prices remain low for longer. Icahn, by virtue of their relationships to Icahn Partners, indirectly beneficially own (as that term is defined in Rule 13d-3 under the Exchange Act) the shares of Common Stock that Icahn Partners directly beneficially owns. 8 billion, OXY) where he waged a bitter fight to take control. Icahn unloaded 10 million Oxy shares worth $400 million on Nov. Investing guru Carl Icahn has initiated a position in Delek US Holdings , a 13F SEC filing confirms. ” Translated into English, this means, “why did you give him dramatically better terms in his ownership of this undervalued set of assets than I got?” 16. 61% As Of April 7 Reuters - 5:24 PM ET 04/29/2021 HOUSTON-- (BUSINESS WIRE)-- Occidental Petroleum Corporation (“Occidental” or “the Company”) (NYSE: OXY) today mailed a letter to shareholders in connection with definitive proxy materials it has Carl Icahn has doubled down on a fight to take control of Occidental Petroleum Corp. com 1 Apparently, Hollub and her team came to understand that OXY’s corporate governance is flawed because we raised the issue, which begs the question, what does the Board’s five-member “Corporate Governance” committee even do? Aside from OXY, Icahn’s number one stock remains Icahn Enterprises, with CVR Energy in second place- and Icahn has already stated that Delek “could present an excellent synergistic acquisition opportunity” for CVI. HOUSTON (Reuters) - Activist investor Carl Icahn formally launched on Thursday a proxy fight against Occidental Petroleum <OXY. This time his enlarged stake, and Hollub’s tattered credibility, mean Oxy’s board would be smart to offer him a truce, and Warren Buffett took Occidental CEO ‘to the cleaners,’ says Carl Icahn Occidental mulls sale of Anadarko’s Western Midstream stake With US$11 billion of debt due by 2022, Occidental is looking for any and all possible ways to save cash after being downgraded to junk last month. Holding/activity history for Occidental Petroleum (OXY) Period: Shares % of Portfolio: Activity % Change to Portfolio: Reported “Carl Icahn sold $343,000,000 worth of $OXY shares at an average price of $25. For all you ICAHN haters, you better be glad he invested in OXY. OXY-WT OXY Icahn Carl C Info: Size ($ in 1000's) At 12/31/2020: $20,059,938 At 09/30/2020: $17,374,142 Combined Holding Report Includes: ICAHN CARL C ICAHN CAPITAL LP HIGH COAST LIMITED PARTNERSHIP Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn used Oxy as an example of a deal gone wrong while praising the effort for Eldorado Resorts to acquire Caesars Entertainment in a roughly $17 billion deal. Occidental has rejected Icahn’s criticism, stating in May the deal was an opportunity to deliver value and returns to shareholders of both companies. Oxy also adopted “certain corporate governance-enhancing amendments” to its bylaws, and created an oversight committee that is to include two of the Icahn directors. (OXY), saying the company's board 'fun “We believe Oxy is a good company with good assets,” remarked Icahn, whose Icahn Group owns approximately 9. Icahn derisively noted that Oxy's market value is below $35 billion - less than the $38 billion Activist investor Carl Icahn says Occidental stock is down 41% under CEO Vicki Hollub. Major shareholders Stock: Shares: Market Value % of Portfolio: IEP / Icahn Enterprises L. , buying up more shares of the embattled oil-and-gas producer in recent days as its stock price plummets. 20 per share ("Common Stock"), of Occidental Petroleum Corporation (the "Issuer") and Icahn Partners Master Fund LP ("Icahn Master") purchased 188,145 Warrants, each as The Oxy warrants allow you to purchase a share of oxy per warrant + 22$. Chazen, Chairman of the Board. com Dan Burch MacKenzie Partners, Inc. Icahn, with stakes in CVR Energy CVI. agreed on March 25 to add three associates of Carl Icahn to its board, ending the battle between the billionaire investor and the Occidental board over its 2019 acquisition of rival Anadarko Petroleum. (NYSE:CVI) and Caesars Entertainment Corp. Icahn released the following open letter to stockholders of Occidental Petroleum Corporation. Carl Icahn (Trades, Portfolio) founded Icahn Capital Management in 1987. Icahn controls nearly 5 percent of Oxy’s stock. Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders released on Friday. attachment a . OXY, -3. While opposed to the Occidental Petroleum Corp. Activist investor Carl Icahn is pushing to oust and replace four directors at Occidental Petroleum’s board over what he recently labeled a misguided “bet-the-company” acquisition of Anadarko by Oxy in which he owns shares. As of May, Icahn held $1. OXY-WT OXY : Dillon Kenneth: OXY-WT OXY : Champion Christopher O: OXY-WT OXY : Bennett Peter J. N> to win control of four board seats, a regulatory filing showed, Oxy’s sweetener is a bitter pill for Warren Buffett A surprise gift to shareholders such as Carl Icahn hurts the value of Occidental Petroleum’s lifeline from Berkshire Hathaway A A Activist investor Carl Icahn is calling on the leadership of Occidental Petroleum Corp. , a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion. Link to 13F filings: SEC filings This page summarizes the Carl Icahn holdings changes quarter over quarter, as of their latest filing date of 12/31/2020. After this action, ICAHN CARL C now owns 73,627,271 shares of Occidental Petroleum Corporation, valued at $89,950,000 using the latest closing price. 1% in morning trading Thursday after it was disclosed that billionaire Carl Icahn trimmed his large stake in the oil and natural gas exploration Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Based on current market prices, the Plaintiffs beneficially own over $1. Shearer, to its board on July 10. 01:09PM : Occidental Petroleum and activist investor Carl Icahn reach a deal. "I can't argue with you Icahn dump one-third of his shares, or 10 million, leaving Icahn with 23 million shares valued at $900 million. Shale Experts will report more on this as it develops. Occidental Petroleum Corp. com) In the midst of a showdown with famed activist investor Carl Icahn, Occidental Petroleum Corp. 25 each on the day of the transaction. Icahn reduced its stake two holdings, namely Tenneco Class A (TEN) and Cheniere Energy (LNG). (NYSE:OXY), activist investor Carl Icahn (Trades, Portfolio) revealed he increased his stake in the embattled oil and gas New York, New York, July 22nd, 2019 — Today, Carl C. Icahn, who owned a $1. Buffett's Berkshire Hathaway agreed in late April to provide $10 billion in equity financing to add firepower to Occidental's controversial hostile takeover offer for Anadarko Petroleum. This comes after the activist investor expressed disapproval of Oxy's takeover of Anadarko Petroleum. Lawsuit says Carl Icahn has built a $1. Delek recently announced that it closed the sale of the Bakersfield refinery for $40 million in cash. 93%. Today, the combined Oxy/Anadarko company has a total market cap of less than $35 billion. In typically diplomatic style, Icahn characterizes Hollub’s trip to Nebraska thus: Icahn has argued Occidental should launch a strategic review, including a potential sale of the combined company, once the Anadarko deal was completed. ’s (NYSE: OXY) board of directors. More OXY News BRIEF-Carl Icahn Reports 8. OXY-WT OXY : Peterson Robert L: OXY-WT OXY : OXY USA INC: OXY-WT OXY : OCCIDENTAL PETROLEUM CORP /DE/ OXY-WT OXY : Jackson Richard A. "The whole thing is a travesty," Icahn, who is launching an increasingly-contentious proxy war to replace four Occidental (OXY) directors, told CNN Business. 3: A great book about the infamous Herbalife battle between Carl Icahn and Bill Ackman. Icahn Capital Management recently disclosed its portfolio updates for the first quarter of 2020, which ended on March 31. 212-929-5748 [email protected] Form (Filer) Received ( Period) : 4: OCCIDENTAL PETROLEUM CORP /DE/ (ICAHN CARL C) 04/07/21 (04/05/21) SC 13D/A Carl Icahn plans to nominate a slate of 10 directors in an attempt to seize control of the board of U. Icahn has been seeking records through the courts about the company’s interactions in the lead- up to the Anadarko deal. N, said the key to making money is to buy when companies are out of favor. wsj. Having criticized its board, Icahn made an offer for all the shares, and more than half of shareholders accepted. 43%. Under the terms of Occidental’s plan Here’s Why OXY Stock Is a Dinosaur Walking. Over the years, Icahn Enterprises has expanded its operations substantially. Published Fri, May 3 2019 6:45 PM EDT. The fund's top holdings as of December 31, in order of size, were Icahn Enterprises, Occidental Petroleum (OXY), CVR Energy (CVI), Herbalife Nutrition (HLF), and Cheniere Energy. A total of 23 insider transactions have happened at Occidental Petroleum Corporation (OXY) in the last six months, with sales accounting for 12 and purchases happening 11 times. Icahn joins us on the phone in a CNBC exclusive interview. 20% Stake In Occidental Petroleum As Of April 28 Versus 9. 00. “I’m not saying go out and buy energy stocks tomorrow,” he noted at the 13D Monitor Conference on activist investing. email: [email protected] Icahn will push for new board members and more asset sales at Oxy. Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders released on Friday. Shortly after Anadarko accept-ed Oxy’s offer Icahn sued Oxy, asking for an array of informa-tion about how the deal came together and threatening to call a Analyst: Oxy-Icahn deal falls in the middle ground. OXY Oil Partners, Inc. P. Matthews and Cara Lombardo Occidental Petroleum Corp. Occidental Petroleum (NYSE: OXY) was in the news recently for Carl Icahn selling $180 million in stock. ” Icahn is no stranger to the oil patch, but he hasn’t always come away victorious. 5 million DK shares, with a value of $166,000, during the 3-months ended 2020Q1. But that would be misreading Icahn’s intention. for Anadarko Petroleum Corp. The The truce with Mr. Icahn Capital LP, managed by Carl Icahn, established the most valuable position in Occidental Petroleum Corporation (NYSE:OXY). Carl Icahn - Icahn Capital Management. Currently, Icahn's stake in Oxy amounts to approximately $1. m. Carl Icahn and OXY’s attack and counterattack. Corporate raider Carl Icahn is seeking to gain more control over Occidental Petroleum in what looks to be a developing proxy battle, according to a recent Schedule 14A document filed with the SEC. 5 billion in Oxy shares, thinks Oxy’s shareholders would be better rewarded if Occidental was sold to someone else. IPO Seeking Alpha 1 month Forget Occidental Petroleum, 3 Oil Stocks That Are Better Picks Seeking Alpha 1 month Oil Stocks: Why XOM, CVX, BP, MRO and OXY Stocks Are on the Move InvestorPlace Icahn previously blasted the Oxy for failing to give owners a say on its $38 billion acquisition of Anadarko Petroleum, which he has called “misguided and hugely overpriced. In 2018, a year after Icahn took control of SandRidge Energy, he managed to get some of his people named to the company’s board of directors. They are banking on their value rising enough above 22$ to make this a good deal, and you have until 2026 to use them I believe. Occidental Petroleum Corporation (OXY) Insider Activity. Billionaire activist investor Carl Icahn has revealed whom he wants on Occidental Petroleum Corp. Icahn and affiliated entities (the "Icahn Group") to add three new Icahn designated directors to Occidental's Board. Their last reported 13F filing for Q4 2020 included $20,059,938,000 in managed 13F securities and a top 10 holdings concentration of 95. 09%. Icahn Carl C ownership in OXY / Occidental Petroleum Corporation. 88 during a trade that took place back on Mar 31, which means that ICAHN CARL C is holding 86,027,271 shares at $69,888,000 based on the most recent closing price. com. (OXY), MarketWatch - Shares of Occidental Petroleum Corp. 20% Stake In Occidental Petroleum As Of April 28 Versus 9. stockholder information required. 's (NYSE: OXY) board of directors. Reports are indicating that there were more than several insider trading activities at OXY starting from ICAHN CARL C, who sale 3,500,000 shares at the price of $25. Icahn pressured Apple into billions of dollars of stock buybacks, which helped drive up Apple’s price. (Oxy), has filed a lawsuit over the proposed acquisition of Anadarko Petroleum Corp Icahn, who owns around 23 million shares in Occidental valued at around $900 million, was intensely critical of the group's recent $38 billion takeover of Anadarko Petroleum (APC) - Get Report a Icahn, who has a nearly $1. 13, 2020 Icahn Carl C 2020 Q2 filed Aug. 17. ET OXY Occidental Petroleum Corporation Former Occidental CEO Could Emerge as Mediator with Icahn By Christopher M. Some investors are making a bullish case for OXY stock based on billionaire Carl Icahn increasing his share in the company. , according to people familiar with the matter. Oxy was able to avoid a shareholder vote in regard to the acquisition of Anadarko by securing a $10 billion investment from Berkshire Hathaway. The legendary investor now wants to replace Occidental’s entire 10-person board of directors, a person familiar with the matter told CNN On March 11, Icahn increased his Occidental stake to 10% of the total outstanding shares of the company, which was revealed in a filing with the Securities and Exchange Commission. Billionaire investor Carl Icahn has taken another step in his effort to replace four directors at Occidental Petroleum Corp. Icahn's top holdings as of Juine 30, in order of size, were Icahn Enterprises, Occidental ( OXY ), Herbalife ( HLF ), CVR Energy ( CVI ), and Cheniere Energy. , according to people familiar with the matter. By Cara Lombardo and Rebecca Elliott . Peace is better than war, especially when it’s in the form of unconditional surrender. Icahn said he has been buying some stock, and most recently he upped his stake in Occidental Petroleum Corporation (NYSE: OXY) and Hertz Global Holdings Inc (NYSE: HTZ). P. The three Icahn-backed members were added to the board as a concession to Icahn, who has been vocal in his opposition to Oxy’s high-stakes takeover of rival Anadarko. OXY’s expenses are too high and they need to be cut further. 20% Stake In Occidental Petroleum As Of April 28 Versus 9. As of May, Icahn held $1. Billionaire activist Icahn pushing ahead with plan to control Oxy board. (Source: Shutterstock. 8% stake in Delek, leading the company to adopt a shareholder rights plan. S. OXY constituted 6. “Chevron, unlike OXY, exercised restraint and refused to engage in a bidding war when the price for Anadarko became untethered,“ he said, referring to Occidental’s stock symbol. (NYSE:HLF), CVR Energy Inc. Seeking Alpha - Rise in options prices, following the volatility from Carl Icahn's stake sale, makes selling cash-secured puts a good investment strategy that we … Occidental Petroleum: Icahn's Stake Sale Represents An Opportunity (NYSE:OXY) - Flipboard Icahn Enterprises L. Analyst: Oxy, Icahn deal falls in the middle ground bizjournals. S. Buffett's backing allowed Occidental to Activist investor and Occidental Petroleum shareholder Carl Icahn renewed his attack on the company Friday, writing in an open letter to shareholders that the company’s controversial purchase of Oxy is arguing it is building an acreage position – especially in the booming Permian Basin – for the best long-term growth and profit, while Icahn has contended Oxy overpaid and played too fast Icahn built a nearly 5 percent ownership stake in Houston-based Oxy after he was upset with the company’s successful bidding war to acquire The Woodlands-based Anadarko Petroleum for $38 billion. 9 million invested in the company at the ICAHN. Icahn’s Oxy stake is slashed Billionaire investor Carl Icahn has cut his stake in US oil major Occidental Petroleum after sending a letter to shareholders noting his investment had become Lastly, Carl Icahn is the largest owner of Occidental Petroleum (OXY). While Icahn couldn’t prevent the deal from Icahn asserts Occidental paid too much for its fellow producer and damaged shareholder value. com or Investors: Jeff Alvarez 713-215-7864 [email protected] From the filing:The Reporting This is a premium only article. for $37 billion. Icahn Capital LP had $57. Icahn, by virtue of their relationships to Icahn Master (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Master directly beneficially owns. 20 per share ("Common Stock"), of Occidental Petroleum Corporation (the "Issuer") and Icahn Partners Master Fund LP ("Icahn Master") purchased 131,926 Warrants, each as carl icahn says believe it is prudent to reduce the size of position in occidental petroleum to rebalance portfolio. Icahn has ~11% stake (including warrants) and 3 board members and has been buying the warrants on a daily basis lately. Billionaire Carl Icahn sold $180 million worth of Occidental Petroleum shares this week. com was derived from Icahn Carl C 13F filings. This organization pays for tuition, room and board, books, and supplies for 10 students every year for four years (freshman–senior), an endowment Mr Icahn, who owns about 10 per cent of Occidental, had sought to remove four directors from the company’s board, and pushed for the company to sell itself. Carl, welcome back to Halftime. is a Delaware master limited partnership. Activist investor Carl Icahn, who holds an estimated $1. What all these bettors have in common is the “B” word, billions. Icahn. Specifically he sued Oxy yesterday. “Because of the industry consolidation we believe will occur, we expect strong bids to emerge for OXY. “We are pleased to have ICAHN CARL C, the 10% Owner of Occidental Petroleum Corporation, sale 2,600,000 shares at $26. Occidental Petroleum Corporation NYSE Updated Apr 29, 2021 2:58 PM. , alleging the company’s board mismanaged its $38 billion deal to buy Occidental Petroleum (ticker: OXY) is reportedly nearing a settlement with hard-charging billionaire activist investor Carl Icahn. Oxy's stock has plunged 40 percent since its bidding war with Chevron first became public in April. The most recent transaction is an insider sale by ICAHN CARL C ,the company’s10% Owner. 68B dollar stake in Occidental - YouTube CNBC's David Faber and Jim Cramer discuss the latest details in the Occidental and Anadarko merger. SEC 13F filings are viewable for Icahn Carl C going back to 2010. The high-profile investor's Icahn Capital divulged in a regulatory filing Monday that it will sell up to 30 million It has been six months since Occidental Petroleum Corporation (“OXY”) inexplicably agreed to pay over $57 billion (including assumed debt) to acquire Anadarko Petroleum Corporation (“Anadarko”). Icahn, unveiled Wednesday, is the culmination of a monthslong battle that began last year after Occidental outbid Chevron Corp. With such strong backing, OXY has the resources to plow through any liquidity concerns. 5% stake in the oil driller at the end of last year. 12, 2021 Icahn Carl C 2020 Q3 filed Nov. , plans to cut his $2. Icahn has opposed the deal as "hugely overpriced" and a misplaced bet-the-company gamble on oil prices rising, and urged Occidental's… Now another, somewhat less genial octogenarian has shown up in the form of Carl Icahn. Mr. Occidental Petroleum Corp. He says the deal is too risky and expensive. Chazen is an independent Aside from OXY, Icahn’s number one stock remains Icahn Enterprises, with CVR Energy in second place- and Icahn has already stated that Delek “could present an excellent synergistic acquisition Icahn dump one-third of his shares, or 10 million, leaving Icahn with 23 million shares valued at $900 million. 67: OXY / Occidental Petroleum Corp. OXY: ICAHN CARL C ICAHN PARTNERS LP ICAHN PARTNERS MASTER FUND LP 10% Owner: 8,000,000: Icahn Stadium on Randall's Island in New York City is named after him, as is the Carl C. OXY, -1. Icahn sold 3,500,000 shares of Occidental Petroleum stock in a transaction that occurred on Monday, April 5th. Icahn Center for Science and Icahn Scholar Program at Choate Rosemary Hall, a prep school in Connecticut. Icahn Enterprises L. (NYSE: APC) in a deal valued at $57 billion, including the assumption of Anadarko’s debt. 1% in morning trading Thursday after it was disclosed that billionaire Carl Icahn trimmed his … march 12 (reuters) - occidental petroleum corp (oxy): * carl icahn says believe it is prudent to reduce the size of position in occidental petroleum to rebalance portfolio * carl icahn says entered trading plan for occidental petroleum with an unaffiliated third-party broker - sec filing Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. This represents 9. Oxy’s acquisition of Anadarko is, financially, the dumbest acquisition of its size since Exxon bought XTO. oil and gas producer Occidental Petroleum Corp. 3% of the fund’s total portfolio of marketable Buffett's Oxy bet that infuriated Icahn is hit hard by oil crash - Midland Reporter-Telegram Buffett's Oxy bet that infuriated Icahn is hit hard by oil crash Katherine Chiglinsky, Kevin Crowley, HOUSTON, March 25, 2020 /PRNewswire/ -- Occidental Petroleum Corporation ("Occidental" or the "Company") (NYSE: OXY) announced today that it has entered into an agreement with Carl C. (OXY) has entered into an agreement with Carl C. In early 2012 he revealed he owned more than 14% of the company. 6 billion of Occidental’s common stock (including forwards). Occidental Petroleum Co. Berkshire still holds $10 billion of Occidental’s preferred shares, plus warrants to buy 83. Real-time Insider Trading Stock Screener. 10 (0. HOUSTON -- July 22, 2019 -- Occidental Petroleum Corporation (“Occidental” or “the Company”) (NYSE: OXY) today mailed a letter to shareholders in connection with definitive proxy materials it has filed with the Securities and Exchange Commission (“SEC”) in response to materials filed by Carl Icahn. Scott Wapner @ScottWapnercnbc. But OXY sliced 77% of its job postings this year, a poor data point looking forward. Icahn, 83, a billionaire whose net worth has been estimated at around $20 billion, is suing Oxy in a push to get access to certain books and records of the company, “relating to its fundamentally misguided and hugely overpriced acquisition of Anadarko Petroleum Corporation after a bidding contest between the Company and Chevron. added former managing director of BlackRock Advisors LLC, Robert “Bob” M. In May 2020, three of Icahn’s associates were elected to OXY’s board, expanding investor interests within the company’s management. 6 billion. 1% in morning trading Thursday after it was disclosed that billionaire Carl Icahn trimmed his large stake in the oil and natural gas exploration and production company. Icahn Capital LP - Carl Icahn assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey Icahn Carl C is based out of Sunny Isles Beach. OXY-WT OXY : Backus Marcia E. Schoeb 713-366-5615 [email protected] Email: [email protected] agreed to a truce with activist investor Carl Icahn, ending a bitter 10-month campaign by the billionaire activist investor to fire the board and seize control of the Carl Icahn has increased his stake in oil giant Occidental Petroleum (NYSE:OXY) from 2. He still has a near 8% ownership in the company, after an activist battle recently where Carl Icahn seems to be losing his enthusiasm for Occidental Petroleum (NYSE:OXY). Icahn has muscled around some of the world’s largest and most powerful corporations, including Apple. August 28, 2019. MORE PORTFOLIO’S TO Explanation of Responses: 1. Occidental acquired Anadarko for $38 billion in May, giving the energy Carl Icahn owns more than a billion and a half dollars’ worth of Occidental stock. Icahn Enterprises LP is a diversified holding company led by billionaire investor Carl Icahn. Carl C. OXY 26. Sara Salinas @saracsalinas. Insider Trading: Relationship: Date: Transaction: Cost: #Shares: Value ($) #Shares Total: SEC Form 4: ICAHN CARL C: 10% Owner: Apr 06: Sale: 25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Past Filings by Icahn Carl C . to be delivered as part of a record date request form . Icahn, who holds $1. That’s a potential problem, because his campaigns to vote out boards like Oxy’s need other investors to back him. It’s good to talk to you, Scott. Significantly, like Anadarko and Chevron, On June 12, Energy Intelligence Finance quoted Chris Hewitt in "With Few Options, Icahn Targets Oxy Board," an article that discusses activist investor Carl Icahn's strategy behind his growing criticism of Occidental Petroleum's (Oxy) management. 6 billion to acquire 4% of Oxy’s shares in the weeks since the company revealed its pursuit of Anadarko. to reveal whether they were approached by any potential buyers prior to agreeing to acquire Anadarko Petroleum Inc. Icahn and affiliated entities to add three Icahn designated directors to Occidental's (Bloomberg) --Billionaire investor Carl Icahn, the third-largest shareholder in Occidental Petroleum Corp. 6 billion in Occidental, or 4. OXY is heavily discounted relative to its peers, in part due to its significant financial leverage. Icahn now owns more than 70%. The Carl Icahn is escalating his war with Occidental Petroleum. Shares traded for an average price of $15. Icahn commented: “We believe Oxy is a good company with good assets. Carl Icahn blasted Occidental Petroleum's financing deal with Warren Buffett once again after the oil refiner paid its dividend to Berkshire Hathaway in stock this month. More OXY News BRIEF-Carl Icahn Reports 8. In response, Occidental’s board Occidental CEO Vicki Hollub, who has come under fire from Mr. The shares were sold at an average price of $25. Occidental Petroleum Corp 's activist investor Carl Icahn has filed a lawsuit against the company over what it called its "misguided" pact to buy Anadarko Petroleum Corp, and may seek a special meeting to remove and replace board members. Oxy Dilutes Icahn to Pay Buffett rigzone. Chris commented that Icahn's strategy looks more like conventional shareholder activism, saying, "I Occidental Petroleum story: Purchase by Icahn Carl C of 432060 shares of Occidental Petroleum and other headlines for Occidental Petroleum Corp In March 2020 amid a major stock market crash and an international oil crisis that saw the company's stock price plummet dramatically, a group of activist investors led by Carl Icahn have stated their desire to replace the entire Occidental board of directors, including Hollub. 20% STAKE IN OCCIDENTAL PETROLEUM AS OF APRIL 28 VERSUS 9. Icahn, by virtue of their relationships to Icahn Master (as disclosed in Item 2), may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Master directly beneficially owns. He is now preparing to call for a special board meeting to replace nearly half of Oxy’s board members, OXY is important to Icahn. He has launched a lawsuit against Oxy lambasting that acquisition, not least because of Buffett’s role in it. Icahn needs the support of at least 20% of the company’s common stockholders to ask the board to fix a record date for a vote. 61% AS O HOUSTON, March 25, 2020 /PRNewswire/ -- Occidental Petroleum Corporation ("Occidental" or the "Company") (NYSE: OXY) announced today that it has entered into an agreement with Carl C. Activist investor Carl Icahn has called on Occidental Petroleum’s management to sell assets in order to hit its divestment target following the $38-billion purchase of Anadarko, Bloomberg reports, Occidental Petroleum (NYSE: OXY) released three good news in their website that increased the stock price on 27th of March, 2020:1. is paying a special dividend to Warren Buffett in shares rather than cash, diluting investors including activist billionaire Carl Icahn as the indebted shale explorer grapples with oil’s collapse. Icahn Sells Nearly a Third of His Oxy Stake. It’s been awhile. His largest holdings as of the end of the three months ended June 30 were Icahn Enterprises LP (NASDAQ:IEP), Occidental Petroleum Corp. icahn oxy