secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000797468-22-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental Q3 2022 EPS $2.52, repays $1.3B debt, raises full-year guidance
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- EPS $2.52 diluted ($2.44 adjusted); net income $2.5B.
- Debt repaid $1.3B in Q3, $9.6B YTD through Nov 7, 34% reduction; face value <$19B.
- Repurchased 28.4M shares for $1.8B in Q3, YTD 41.8M shares for $2.6B.
- Production 1,180 Mboed, exceeded guidance by 25 Mboed; OxyChem $580M beat $500M guidance.
- Full-year guidance raised for all three segments; free cash flow before working capital $3.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746822000035/0000797468-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746822000035/oxy-20221108.htm
  HTML page:      https://secwatch.observer/filing/0000797468-22-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer