---
schema_version: "secwatch.filing_event.v1"
accession: "0000797468-24-000125"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T19:24:04.953314+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HSR clearance for CrownRock deal; Ecopetrol may buy 30% stake for ~$3.6B

## Summary
- HSR waiting period for CrownRock acquisition expired; closing expected August 2024.
- Ecopetrol in talks to acquire 30% interest in CrownRock assets for ~$3.6B, subject to definitive agreement.
- If no agreement by August 2024, Ecopetrol can opt for indirect 49% interest via Rodeo Midland Basin JV.
- Proceeds from Ecopetrol Transaction would be used to repay term loans.
- CrownRock 2023 net income $1,278.6M, total assets $4,442.2M, debt $1,237.2M.

## SEC filing metadata
- accession: 0000797468-24-000125
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2024-07-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000079746824000125/0000797468-24-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000079746824000125/oxy-20240719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000797468-24-000125
- JSON: https://secwatch.observer/filing/0000797468-24-000125.json
- Plain text: https://secwatch.observer/filing/0000797468-24-000125.txt

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