secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0000797468-24-000142
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental files updated CrownRock financials for H1 2024; pro forma data included
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000142/0000797468-24-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000142/oxy-20240812.htm
  HTML page:      https://secwatch.observer/filing/0000797468-24-000142

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer