Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Occidental Petroleum's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stock quotes in this article: OXY 

Occidental Petroleum (OXY)

Q1 2012 Earnings Call

April 26, 2012 11:30 am ET

Executives

Christopher G. Stavros - Vice President of Investor Relations

James M. Lienert - Chief Financial Officer and Executive Vice President

Stephen I. Chazen - Chief Executive Officer, President and Director

Edward Arthur Lowe - Vice President and President of Oxy Oil and Gas -International Production

William E. Albrecht - President

Analysts

Douglas George Blyth Leggate - BofA Merrill Lynch, Research Division

Paul Sankey - Deutsche Bank AG, Research Division

Jessica Chipman - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Douglas Terreson - ISI Group Inc., Research Division

Leo P. Mariani - RBC Capital Markets, LLC, Research Division

Jason Gammel - Macquarie Research

Sven Del Pozzo - IHS Herold, Inc

Edward Westlake - Crédit Suisse AG, Research Division

Presentation

Operator

Good morning. My name is Christie, and I'll be your conference operator today. At this time, I would like to welcome everyone to Occidental Petroleum's First Quarter 2012 Earnings Release Conference Call. [Operator Instructions] Mr. Stavros, you may begin your conference.

Christopher G. Stavros

Thank you, Christie, and good morning, everyone, and welcome to Occidental Petroleum's First Quarter 2012 Earnings Conference Call. Joining us on the call first morning from Los Angeles are Steve Chazen, OXY's President and Chief Executive Officer; Jim Lienert, OXY's chief Financial Officer; Bill Albrecht, President of OXY's Oil and Gas operations in the Americas; Sandy Lowe, President of our International Oil and Gas Operations; and OXY's Executive Chairman, Dr. Ray Irani, is also joining us on the call today.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,307.17 -80.41 -0.52%
NASDAQ 3,463.30 -38.82 -1.11%
S&P 500 1,655.35 -13.81 -0.83%
US 10 Yr 2.026% +0.082

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs