---
schema_version: "secwatch.filing_event.v1"
accession: "0000797468-24-000134"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:58:28.764466+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Occidental Q2 net income $1.0B, EPS $1.03; production exceeds guidance

## Summary
- Net income $1.0B ($1.03 diluted EPS); operating cash flow $2.4B; free cash flow before working capital $1.3B.
- Total production 1,258 Mboed exceeded mid-point guidance by 6 Mboed; Permian 587 Mboed, Gulf of Mexico 138 Mboed.
- Midstream & marketing pre-tax adjusted income exceeded guidance by over $180M; OxyChem pre-tax $296M approximated guidance.
- Average WTI $80.56/bbl, Brent $84.95/bbl; worldwide realized crude $79.89/bbl, up 5% QoQ.
- Maintaining full-year production guidance excluding CrownRock; expect 15 Mboed divestiture in Q4.

## SEC filing metadata
- accession: 0000797468-24-000134
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000079746824000134/0000797468-24-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000079746824000134/oxy-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000797468-24-000134
- JSON: https://secwatch.observer/filing/0000797468-24-000134.json
- Plain text: https://secwatch.observer/filing/0000797468-24-000134.txt

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