---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-24-001028"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:05:16.393995+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Occidental issues $5B in senior notes to fund CrownRock acquisition and refinancing

## Summary
- Issued $5B in senior notes: $600M 5.000% due 2027, $1.2B 5.200% due 2029, $1B 5.375% due 2032, $1.2B 5.550% due 2034, $1B 6.050% due 2054.
- Net proceeds of approximately $4.945 billion after underwriting discounts and estimated expenses.
- Net proceeds will fund cash consideration for the CrownRock Acquisition, Refinancing Transactions, and related fees.
- Notes sold July 26, 2024; interest payable semi-annually with optional redemption provisions.

## SEC filing metadata
- accession: 0000950157-24-001028
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000095015724001028/0000950157-24-001028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000095015724001028/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-24-001028
- JSON: https://secwatch.observer/filing/0000950157-24-001028.json
- Plain text: https://secwatch.observer/filing/0000950157-24-001028.txt

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