secwatch.observer — SEC 8-K summary
======================================

Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2024-01-10T23:59:59+00:00
Accession:  0000797468-24-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental provides Q4 2023 preliminary estimates; production in range despite Gulf outage
--------------------------------------------------------------------------------

- Total company production expected within guidance range despite third-party MPOG outage in eastern Gulf of Mexico since Nov 16, 2023.
- Gulf of Mexico oil and gas sales volumes estimated at 127 Mboed; domestic operating cost $10.96/boe.
- Average realized oil price: US $77.91/bbl, worldwide $78.85/bbl; WTI index $78.32/bbl.
- Adjusted effective tax rate 32-33%; diluted shares outstanding 950.1 million for Q4 2023.
- Worldwide oil realized price 101% of WTI index; domestic natural gas 63% of NYMEX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000003/0000797468-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000003/oxy-20240110.htm
  HTML page:      https://secwatch.observer/filing/0000797468-24-000003

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