8-KEarnings & ResultsExhibits & Filings

OCCIDENTAL PETROLEUM CORP /DE/ 8-K Report, Financial Results (Feb 9, 2017)

Filed February 9, 2017For Securities:OXYOXY-WT

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.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report and provide access to Occidental Petroleum's financial results and condition for the fourth quarter and the full year ended December 31, 2016, through an accompanying press release.

The detailed financial results are contained within the press release dated February 9, 2017, which is furnished as Exhibit 99.1 to this 8-K filing. You should refer to that document for specific figures on revenue, earnings, production, and other operational metrics.

This 8-K filing primarily serves to disclose past financial results. Any strategic announcements or forward-looking guidance would typically be found within the content of the furnished press release (Exhibit 99.1). Investors should review the press release carefully for such information.

The filing states that the information in this report and exhibit shall not be deemed 'filed' for purposes of Section 18 of the Exchange Act. This means it does not carry the same legal liability as formally filed documents under that section, though it is still important for investor awareness. It also won't be automatically incorporated into other SEC filings unless explicitly referenced.