What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to provide investors with crucial financial information related to Occidental Petroleum's (OXY) proposed acquisition of Anadarko Petroleum. This includes the filing of Anadarko's historical financial statements and pro forma combined financial statements, as well as an update on the merger timeline and conditions.

When will Anadarko stockholders vote on the merger with Occidental?

Anadarko has scheduled a special meeting of its stockholders for August 8, 2019, to vote on the merger agreement.

What are the key conditions for the completion of the Occidental-Anadarko merger?

The completion of the merger is subject to several conditions, including the approval of the merger agreement by Anadarko stockholders, the approval of the listing of Occidental's common stock (to be issued in the merger) on the NYSE, and the absence of any injunctions that would prohibit the merger.

Where can investors find more detailed information about the merger?

Investors are urged to read the definitive proxy statement/prospectus, Occidental's registration statement (Form S-4), and any other relevant documents filed with the SEC. These documents contain important information about Occidental, Anadarko, and the merger. They can be accessed free of charge on the SEC's website (www.sec.gov) or through Occidental's (www.oxy.com) and Anadarko's (www.anadarko.com) respective websites.

OXY/OXY-WT 8-K SEC Disclosure

Summary

This 8-K filing from Occidental Petroleum (OXY) on August 1, 2019, primarily serves to provide investors with essential financial information and updates regarding the proposed merger with Anadarko Petroleum Corporation. The company has filed the audited consolidated financial statements of Anadarko for the three years ended December 31, 2018, and the unaudited financial statements for the periods ending June 30, 2019. Additionally, unaudited pro forma condensed combined financial statements, reflecting the potential acquisition by Occidental, are also included. The filing also reiterates the status of the merger, noting that Anadarko's stockholders are scheduled to vote on the merger agreement on August 8, 2019. Occidental emphasizes that the completion of the merger is contingent upon several conditions, including stockholder approval, NYSE listing approval for OXY's common stock, and the absence of any prohibitive injunctions. Investors are encouraged to review the detailed financial statements and pro forma information to assess the potential impact of this significant transaction on Occidental's future financial position.

Key Highlights

1Occidental Petroleum (OXY) filed an 8-K on August 1, 2019, providing financial updates related to the proposed acquisition of Anadarko Petroleum.
2The filing includes Anadarko's audited financial statements for the years ended December 31, 2018, and unaudited financials for the periods ending June 30, 2019.
3Unaudited pro forma condensed combined financial statements, illustrating the expected combined financial picture post-merger, are also provided.
4Anadarko's stockholders are set to vote on the merger agreement on August 8, 2019.
5Completion of the merger is subject to Anadarko stockholder approval, NYSE listing approval for OXY stock, and no injunctions.
6The filing contains a cautionary statement detailing forward-looking statements and significant risks associated with the merger and related transactions.
7Investors are directed to review comprehensive filings, including proxy statements and registration statements, for further details on the merger.

OCCIDENTAL PETROLEUM CORP /DE/ 8-K Report, Corporate Update (Aug 1, 2019)

Summary

Key Highlights

Frequently Asked Questions