10-QPeriod: Q3 FY1998

OCCIDENTAL PETROLEUM CORP /DE/ Quarterly Report for Q3 Ended Sep 30, 1998

Filed November 12, 1998For Securities:OXYOXY-WT

Summary

Occidental Petroleum Corporation (OXY) filed its 10-Q report for the period ending September 30, 1998. This filing provides a snapshot of the company's financial performance and operational status during the third quarter of 1998. Investors should note that this report is from a historical period, and current company performance may differ significantly. The filing details OXY's financial position, including revenues, expenses, and any significant assets or liabilities, offering insights into the company's profitability and financial health at that time. Key information for investors would typically revolve around the company's exploration and production activities, any significant acquisitions or divestitures, and overall financial results. Given the historical context, understanding the economic environment of 1998, particularly in the energy sector, is crucial for interpreting these figures accurately. This report serves as a historical record of OXY's standing in late 1998.

Key Highlights

  • 1The report covers the quarterly period ending September 30, 1998, for Occidental Petroleum Corporation (OXY).
  • 2This is a 10-Q filing, which provides unaudited financial statements for the specified quarter and year-to-date.
  • 3The filing details the company's financial performance, including revenues, costs, and profitability for the period.
  • 4Investors can review OXY's balance sheet to understand its assets, liabilities, and equity position as of September 30, 1998.
  • 5The report likely contains management's discussion and analysis of financial condition and results of operations, providing context for the financial data.
  • 6As this is a historical filing from 1998, it reflects the company's status during that specific economic and industry climate.
  • 7Information on any significant operational developments or strategic initiatives undertaken by OXY during the quarter may be present.

Frequently Asked Questions

This 10-Q filing provides Occidental Petroleum Corporation's unaudited financial results and operational information for the third quarter of 1998, allowing investors to assess the company's performance and financial health during that period.

No, this is a historical filing from November 1998. The company's financial performance, assets, liabilities, and overall market position may have changed significantly since that time due to market dynamics, strategic decisions, and economic conditions.

The detailed financial statements, including the balance sheet, income statement, and cash flow statement, along with accompanying notes, would typically be found within the full text of the 10-Q filing, usually within the sections labeled 'Condensed Consolidated Financial Statements' and 'Notes to Condensed Consolidated Financial Statements'.

Investors can expect insights into the company's core business activities, such as oil and gas exploration and production, and potentially any major capital expenditures, acquisitions, or divestitures that occurred during the quarter. Management's discussion would provide context on these operations.