secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2024-04-10T23:59:59+00:00
Accession:  0000797468-24-000083
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000083/0000797468-24-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000083/oxy-20240410.htm
  HTML page:      https://secwatch.observer/filing/0000797468-24-000083

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