Summary
Occidental Petroleum Corporation (OXY) filed an 8-K on February 9, 2017, to report its financial condition and results of operations for the fourth quarter and full year ended December 31, 2016. This filing primarily serves to furnish the accompanying press release, which contains the detailed financial and operational performance data for the period. Investors should refer to the press release (Exhibit 99.1) for specific metrics on revenue, earnings, production volumes, capital expenditures, and any strategic updates or outlook provided by the company. The core of this 8-K is the disclosure of OXY's 2016 year-end financial performance. While the 8-K itself is a procedural filing, the included press release is the critical document for understanding the company's operational achievements and financial standing at that time. Investors are encouraged to review the press release for details on how the company navigated the market conditions of 2016 and its strategic positioning for the upcoming year.
Key Highlights
- 1The 8-K filing announces Occidental Petroleum's financial results for Q4 and the full year 2016.
- 2The report includes a press release (Exhibit 99.1) detailing the company's financial condition and operational results.
- 3The filing date is February 9, 2017, making the disclosed results pertinent to the period ending December 31, 2016.
- 4The primary purpose of the 8-K is to furnish the press release, which contains the substantive financial information.
- 5Investors should consult the provided press release for specific financial and operational performance data.
- 6The filing confirms the company's reporting of its 2016 year-end performance.