Occidental Petroleum Announces Dividend

  Occidental Petroleum Announces Dividend

Business Wire

LOS ANGELES -- July 11, 2013

Occidental Petroleum Corporation (NYSE:OXY) said today that its board of
directors has declared a regular quarterly dividend of $.64 per share on
common stock payable on October 15, 2013, to stockholders of record as of
September 10, 2013.

Oxy has paid quarterly dividends continuously since 1975 and has increased its
dividend each year since 2002. The current annual rate is $2.56 per share.

                                  About Oxy

Occidental Petroleum Corporation is an international oil and gas exploration
and production company with operations in the United States, Middle East/North
Africa and Latin America regions. Oxy is one of the largest U.S. oil and gas
companies, based on equity market capitalization. Oxy's wholly owned
subsidiary OxyChem manufactures and markets chlor-alkali products and vinyls.
Oxy is committed to safeguarding the environment, protecting the safety and
health of employees and neighboring communities and upholding high standards
of social responsibility in all of the company's worldwide operations.

Contact:

Occidental Petroleum Corporation
Media:
Melissa E. Schoeb
310-443-6504
melissa_schoeb@oxy.com
or
Investors:
Chris Stavros
212-603-8184
chris_stavros@oxy.com
On the web: www.oxy.com
 
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