Stephen I.  Chazen net worth and biography

Stephen Chazen Biography and Net Worth

Stephen Chazen is the chairman, president, and CEO of Magnolia Oil & Gas Corporation. In March 2020, he was elected to Occidental Petroleum’s board of directors.

Chazen’s career includes 30 years of leadership experience across the oil and gas industry. Before founding Magnolia in 2018, he served as Occidental’s president and CEO from 2011 to 2016.

Chazen joined Occidental, the fourth-largest oil producer in the United States, in 1994, quickly climbing the ranks from executive vice president of corporate development to CFO, from senior executive vice president to COO, and finally to CEO and president.

Under Chazen’s leadership, Occidental grew from $1.6 billion in profits in 2010 to $3.4 billion in 2011, making him the largest value-generation business leader in southern California at the time. 

Prior to joining Occidental, Chazen worked as managing director of corporate finance and mergers and acquisitions for Merrill Lynch. From 1977 to 1982, he worked at the Columbia Gas Development Corporation as the director of project evaluation and reservoir engineering. He launched his oil and gas career in 1973, working at the Northrop Corporation as a lab manager at the Johnson Space Center. 

Chazen advises numerous organizations, having served as board chair for the American Petroleum Institute and the Catalina Island Conservancy. In 2018, he joined the University of Houston System Board of Regents, and he also sits on the advisory board of Rice University’s Baker Institute for Public Policy, the Houston Methodist Institute for Academic Medicine, the Williams Companies, and the National Park Foundation. 

Chazen earned his bachelor’s degree in geology from Rutgers College, his master’s degree in finance from the University of Houston, and his Ph.D. in geology from Michigan State University.

What is Stephen I. Chazen's net worth?

The estimated net worth of Stephen I. Chazen is at least $355.59 million as of June 25th, 2020. Mr. Chazen owns 6,881,885 shares of Occidental Petroleum stock worth more than $355,586,998 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Chazen may own. Learn More about Stephen I. Chazen's net worth.

How do I contact Stephen I. Chazen?

The corporate mailing address for Mr. Chazen and other Occidental Petroleum executives is 5 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046. Occidental Petroleum can also be reached via phone at (713) 215-7000 and via email at [email protected]. Learn More on Stephen I. Chazen's contact information.

Has Stephen I. Chazen been buying or selling shares of Occidental Petroleum?

Stephen I. Chazen has not been actively trading shares of Occidental Petroleum in the last ninety days. Most recently, on Monday, August 9th, Stephen I. Chazen bought 20,000 shares of Occidental Petroleum stock. The stock was acquired at an average cost of $25.76 per share, with a total value of $515,200.00. Learn More on Stephen I. Chazen's trading history.

Who are Occidental Petroleum's active insiders?

Occidental Petroleum's insider roster includes Marcia Backus (SVP), Oscar Brown (SVP), Cedric Burgher (CFO), Christopher Champion (CAO), Stephen Chazen (Director), Kenneth Dillon (SVP), Vicki Hollub (President, CEO & Director), William Klesse (Director), Robert Peterson (Sr. VP & CFO ), and Avedick Poladian (Director). Learn More on Occidental Petroleum's active insiders.

Are insiders buying or selling shares of Occidental Petroleum?

During the last twelve months, Occidental Petroleum insiders bought shares 10 times. They purchased a total of 13,377,455 shares worth more than $784,430,028.28. During the last twelve months, insiders at the oil and gas producer sold shares 1 times. They sold a total of 19,500,000 shares worth more than $697,125,000.00. The most recent insider tranaction occured on August, 14th when Major Shareholder Petroleum Corp /De/ Occidental sold 19,500,000 shares worth more than $697,125,000.00. Insiders at Occidental Petroleum own 0.3% of the company. Learn More about insider trades at Occidental Petroleum.

Information on this page was last updated on 8/14/2024.

Stephen I. Chazen Insider Trading History at Occidental Petroleum

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/9/2021Buy20,000$25.76$515,200.00View SEC Filing Icon  
5/11/2017Sell4,000$60.53$242,120.001,460,619View SEC Filing Icon  
5/4/2017Sell4,000$59.47$237,880.001,464,619View SEC Filing Icon  
4/27/2017Sell4,000$61.77$247,080.001,468,619View SEC Filing Icon  
4/20/2017Sell4,000$62.88$251,520.001,472,619View SEC Filing Icon  
4/13/2017Sell4,000$64.40$257,600.001,476,619View SEC Filing Icon  
4/6/2017Sell4,000$63.52$254,080.001,480,619View SEC Filing Icon  
3/30/2017Sell4,000$63.63$254,520.001,484,619View SEC Filing Icon  
3/23/2017Sell4,000$63.55$254,200.001,488,619View SEC Filing Icon  
3/16/2017Sell4,000$63.27$253,080.001,492,619View SEC Filing Icon  
3/9/2017Sell4,000$62.97$251,880.001,496,619View SEC Filing Icon  
3/2/2017Sell4,000$65.49$261,960.001,500,619View SEC Filing Icon  
2/23/2017Sell4,000$66.26$265,040.001,529,619View SEC Filing Icon  
2/16/2017Sell4,000$66.42$265,680.001,533,619View SEC Filing Icon  
2/9/2017Sell4,000$67.33$269,320.001,537,719View SEC Filing Icon  
2/2/2017Sell4,000$68.00$272,000.001,541,619View SEC Filing Icon  
1/26/2017Sell4,000$68.30$273,200.001,545,619View SEC Filing Icon  
1/19/2017Sell4,000$69.10$276,400.001,549,619View SEC Filing Icon  
1/12/2017Sell4,000$69.60$278,400.001,553,619View SEC Filing Icon  
1/5/2017Sell4,000$71.42$285,680.001,558,219View SEC Filing Icon  
12/29/2016Sell4,000$71.81$287,240.001,561,619View SEC Filing Icon  
12/22/2016Sell4,000$72.40$289,600.001,565,619View SEC Filing Icon  
12/15/2016Sell4,000$71.66$286,640.001,569,619View SEC Filing Icon  
12/8/2016Sell4,000$69.61$278,440.001,573,619View SEC Filing Icon  
12/1/2016Sell4,000$69.94$279,760.001,577,619View SEC Filing Icon  
11/25/2016Sell2,000$69.81$139,620.001,579,619View SEC Filing Icon  
11/22/2016Sell2,000$69.12$138,240.001,581,619View SEC Filing Icon  
11/17/2016Sell4,000$68.31$273,240.001,585,619View SEC Filing Icon  
11/10/2016Sell9,000$66.54$598,860.001,592,119View SEC Filing Icon  
11/3/2016Sell9,000$68.16$613,440.001,603,714View SEC Filing Icon  
10/27/2016Sell9,000$74.36$669,240.001,610,119View SEC Filing Icon  
10/20/2016Sell9,000$73.11$657,990.001,619,119View SEC Filing Icon  
10/13/2016Sell9,000$73.80$664,200.001,628,119View SEC Filing Icon  
10/6/2016Sell9,000$73.19$658,710.001,637,119View SEC Filing Icon  
9/29/2016Sell9,000$70.50$634,500.001,646,119View SEC Filing Icon  
9/22/2016Sell9,000$71.48$643,320.001,655,119View SEC Filing Icon  
9/15/2016Sell9,000$73.05$657,450.001,664,119View SEC Filing Icon  
9/8/2016Sell9,000$77.64$698,760.001,673,119View SEC Filing Icon  
9/1/2016Sell9,000$77.00$693,000.001,702,119View SEC Filing Icon  
8/25/2016Sell9,000$77.06$693,540.001,711,119View SEC Filing Icon  
8/18/2016Sell9,000$76.06$684,540.001,720,119View SEC Filing Icon  
8/11/2016Sell9,000$74.21$667,890.001,729,119View SEC Filing Icon  
8/4/2016Sell9,000$73.76$663,840.001,738,119View SEC Filing Icon  
7/28/2016Sell5,000$73.95$369,750.001,745,119View SEC Filing Icon  
7/21/2016Sell5,000$76.24$381,200.001,750,119View SEC Filing Icon  
7/14/2016Sell5,000$77.21$386,050.001,755,119View SEC Filing Icon  
7/7/2016Sell5,000$75.33$376,650.001,760,119View SEC Filing Icon  
6/30/2016Sell5,000$74.47$372,350.001,765,119View SEC Filing Icon  
6/23/2016Sell5,000$77.39$386,950.001,770,119View SEC Filing Icon  
6/16/2016Sell5,000$74.57$372,850.001,775,119View SEC Filing Icon  
6/9/2016Sell5,000$75.65$378,250.001,780,119View SEC Filing Icon  
6/2/2016Sell5,000$75.39$376,950.001,785,119View SEC Filing Icon  
5/26/2016Sell5,000$76.24$381,200.001,790,119View SEC Filing Icon  
5/19/2016Sell5,000$75.48$377,400.001,795,519View SEC Filing Icon  
5/12/2016Sell5,000$76.24$381,200.001,802,619View SEC Filing Icon  
5/5/2016Sell5,000$75.49$377,450.001,840,119View SEC Filing Icon  
4/28/2016Sell5,000$76.30$381,500.001,845,119View SEC Filing Icon  
4/21/2016Sell5,000$74.87$374,350.001,850,119View SEC Filing Icon  
4/14/2016Sell5,000$72.85$364,250.001,855,119View SEC Filing Icon  
4/7/2016Sell5,000$68.54$342,700.001,860,119View SEC Filing Icon  
3/31/2016Sell5,000$68.08$340,400.001,865,119View SEC Filing Icon  
3/24/2016Sell5,000$68.76$343,800.001,870,119View SEC Filing Icon  
3/17/2016Sell5,000$69.15$345,750.001,875,119View SEC Filing Icon  
3/10/2016Sell5,000$67.38$336,900.001,880,119View SEC Filing Icon  
3/3/2016Sell5,000$69.76$348,800.001,885,119View SEC Filing Icon  
2/25/2016Sell5,000$69.29$346,450.001,890,119View SEC Filing Icon  
2/18/2016Sell5,000$68.98$344,900.001,892,619View SEC Filing Icon  
2/11/2016Sell5,000$65.39$326,950.001,897,619View SEC Filing Icon  
2/4/2016Sell5,000$67.47$337,350.001,902,619View SEC Filing Icon  
1/28/2016Sell5,000$64.00$320,000.001,907,619View SEC Filing Icon  
1/21/2016Sell5,000$61.34$306,700.001,912,619View SEC Filing Icon  
1/14/2016Sell5,000$61.04$305,200.001,916,761View SEC Filing Icon  
1/7/2016Sell5,000$66.20$331,000.001,921,761View SEC Filing Icon  
12/31/2015Sell5,000$67.55$337,750.001,926,761View SEC Filing Icon  
12/24/2015Sell5,000$68.27$341,350.001,931,761View SEC Filing Icon  
12/17/2015Sell5,000$67.31$336,550.001,936,761View SEC Filing Icon  
12/10/2015Sell5,000$67.97$339,850.001,941,761View SEC Filing Icon  
12/3/2015Sell5,000$74.91$374,550.001,946,761View SEC Filing Icon  
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Stephen I. Chazen Buying and Selling Activity at Occidental Petroleum

This chart shows Stephen I Chazen's buying and selling at Occidental Petroleum by year and by quarter.

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Occidental Petroleum Company Overview

Occidental Petroleum logo
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
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Today's Range

Now: $51.67
Low: $50.94
High: $51.70

50 Day Range

MA: $51.76
Low: $49.57
High: $55.92

2 Week Range

Now: $51.67
Low: $48.42
High: $71.18

Volume

2,545,648 shs

Average Volume

9,345,909 shs

Market Capitalization

$48.48 billion

P/E Ratio

13.46

Dividend Yield

1.74%

Beta

1.58