---
schema_version: "secwatch.filing_event.v1"
accession: "0000797468-24-000130"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:07:40.698259+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Occidental completes $12.4B acquisition of CrownRock, closing on August 1, 2024

## Summary
- Aggregate consideration $12.4B: $9.4B cash, 29.56M OXY shares, assumption of $1.2B CrownRock debt.
- Registration rights agreement grants sellers demand and piggyback rights; OXY to file resale shelf within 5 business days.
- CEO Vicki Hollub says acquisition strengthens portfolio with low-emission, low-cost energy assets.
- Acquisition closed August 1, 2024; OXY issued press release announcing completion.

## SEC filing metadata
- accession: 0000797468-24-000130
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000079746824000130/0000797468-24-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000079746824000130/oxy-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000797468-24-000130
- JSON: https://secwatch.observer/filing/0000797468-24-000130.json
- Plain text: https://secwatch.observer/filing/0000797468-24-000130.txt

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