secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0000797468-23-000091
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746823000091/0000797468-23-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746823000091/oxy-20231107.htm
  HTML page:      https://secwatch.observer/filing/0000797468-23-000091

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