secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0000797468-24-000163
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental Q3 2024: EPS $0.98; production 1,412 Mboed above guidance; $4B debt repaid
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- Net income $964M ($0.98 diluted EPS); adjusted income $977M ($1.00 adjusted EPS).
- Operating cash flow $3.8B; free cash flow before working capital $1.5B.
- Total production 1,412 Mboed, 22 Mboed above midpoint; Permian 729 Mboed.
- Repaid $4.0B debt, achieving ~90% of short-term debt reduction target.
- OxyChem pre-tax income $304M; midstream & marketing pre-tax $631M (incl $490M WES gains).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000163/0000797468-24-000163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746824000163/oxy-20241112.htm
  HTML page:      https://secwatch.observer/filing/0000797468-24-000163

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