---
schema_version: "secwatch.filing_event.v1"
accession: "0000797468-23-000091"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T18:20:26.028328+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Occidental Q3 net income $1.2B, adj EPS $1.18; production exceeds guidance, full-year outlook raised

## Summary
- Net income of $1.2B ($1.20 diluted EPS); adjusted EPS of $1.18.
- Operating cash flow $3.1B; free cash flow before working capital $1.7B.
- Production of 1,220 Mboed exceeded mid-point guidance by 34 Mboed; full-year guidance raised 11 Mboed.
- OxyChem pre-tax income $373M, above guidance; driven by caustic soda and chlorine.
- Repurchased $600M of common stock (60% of $3B program); triggered redemption of $342M preferred stock.

## SEC filing metadata
- accession: 0000797468-23-000091
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000079746823000091/0000797468-23-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000079746823000091/oxy-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000797468-23-000091
- JSON: https://secwatch.observer/filing/0000797468-23-000091.json
- Plain text: https://secwatch.observer/filing/0000797468-23-000091.txt

## Key facts
- Earnings Releases
  OCCIDENTAL PETROLEUM CORP /DE/ reported third quarter of 2023 results: net income $1.2 billion, EPS $1.20 per diluted share. Guidance raised.
  - Period: third quarter of 2023
  - Net income: $1.2 billion
  - EPS: $1.20 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Occidental (NYSE: OXY) today announced net income attributable to common stockholders for the third quarter of 2023 of $1.2 billion, or $1.20 per diluted share, and adjusted income attributable to common stockholders of $1.1 billion, or $1.18 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/797468/000079746823000091/0000797468-23-000091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.