8-KRegulation FD

OCCIDENTAL PETROLEUM CORP /DE/ 8-K Report, Regulation FD Disclosure (May 5, 2006)

Filed May 5, 2006For Securities:OXYOXY-WT

Summary

Occidental Petroleum Corporation (OXY) filed an 8-K on May 5, 2006, primarily to disclose the full text of a speech delivered by Dr. Ray R. Irani, Chairman, President, and CEO, at the company's 2006 Annual Meeting of Stockholders. This filing is significant as it provides direct insights from top management into the company's performance, strategy, and outlook, as articulated on that date. Investors can refer to the attached Exhibit 99.1 for the complete speech and a reconciliation of any non-GAAP financial measures used, offering a comprehensive understanding of the company's narrative to its shareholders.

Key Highlights

  • 1Filing primarily serves to attach a speech given by CEO Dr. Ray R. Irani at the 2006 Annual Meeting of Stockholders.
  • 2The speech was delivered on May 5, 2006, in Santa Monica, California.
  • 3Exhibit 99.1 contains the full text of the speech.
  • 4An appendix reconciling non-GAAP financial measures used in the speech is also included.
  • 5This filing provides direct communication from OXY's leadership to investors regarding company performance and strategy.
  • 6Investors can access management's perspective on the company's position and future outlook as of early May 2006.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose the full text of a speech delivered by Occidental Petroleum's CEO, Dr. Ray R. Irani, at the company's 2006 Annual Meeting of Stockholders, along with a reconciliation of non-GAAP financial measures.

The complete speech and the accompanying appendix reconciling non-GAAP financial measures are provided as Exhibit 99.1, attached to this 8-K filing.

The speech likely covers Occidental Petroleum's performance, strategic initiatives, operational updates, and future outlook as communicated by the CEO to the company's stockholders during the 2006 Annual Meeting.

This filing is primarily for disclosure purposes related to a speech and does not appear to report any new material event or transaction in the traditional sense, beyond making the speech publicly available under Regulation FD.