---
schema_version: "secwatch.filing_event.v1"
accession: "0000797468-24-000083"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2024-04-10T23:59:59+00:00"
generated_at: "2026-06-04T00:41:07.465932+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Occidental provides Q1 2024 operational update; production within guidance despite Gulf outage

## Summary
- Gulf of Mexico oil and gas sales volumes estimated at 90 Mboed for Q1 2024.
- Domestic operating cost of $10.31/boe; total company production oil 50.6%, gas 25.5%.
- Average diluted shares 948.6M; adjusted effective tax rate 28-30%, current 32-34%.
- WTI average index price $76.96/Bbl; worldwide oil realized price $76.04/Bbl (99% of WTI).
- Eastern Gulf outage due to third-party pipeline; restart pending final regulatory approvals.

## SEC filing metadata
- accession: 0000797468-24-000083
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2024-04-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000079746824000083/0000797468-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000079746824000083/oxy-20240410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000797468-24-000083
- JSON: https://secwatch.observer/filing/0000797468-24-000083.json
- Plain text: https://secwatch.observer/filing/0000797468-24-000083.txt

## Key facts
- Earnings Releases
  OCCIDENTAL PETROLEUM CORP /DE/ reported preliminary financial results for the first quarter of 2024.
  - Period: the first quarter of 2024
  - Result: preliminary results
  source text: On April 10, 2024, Occidental Petroleum Corporation (the “Company”) provided a summary of factors management believes will impact the first quarter of 2024 results (the “Earnings Considerations”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/797468/000079746824000083/0000797468-24-000083-index.htm

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