other material
confidence high
sentiment neutral
materiality 0.55
Occidental files updated CrownRock financials for H1 2024; pro forma data included
OCCIDENTAL PETROLEUM CORP /DE/
- CrownRock net income $616M on revenues $1.26B for six months ended June 30, 2024.
- Operating income $650M; cash from operations $979M for H1 2024.
- Total assets $4.84B, long-term debt $1.24B, partners' capital $3.44B.
- Acquisition of CrownRock closed Aug 1, 2024 for ~$12B including debt assumption.
- Unaudited pro forma combined balance sheet and P&L as of June 30, 2024 also filed.