8-KEarnings & ResultsExhibits & Filings

OCCIDENTAL PETROLEUM CORP /DE/ 8-K Report, Financial Results (Aug 2, 2023)

Filed August 2, 2023For Securities:OXYOXY-WT

Summary

Occidental Petroleum Corporation (OXY) filed an 8-K on August 2, 2023, primarily to furnish its press release detailing its financial results for the quarter ended June 30, 2023. While the filing itself doesn't contain new operational or financial data directly, it directs investors to the accompanying press release for a comprehensive overview. This press release serves as the primary source of information regarding the company's performance during the second quarter of 2023. Investors should review the furnished press release (Exhibit 99.1) for detailed insights into OXY's operational and financial condition. This includes key metrics such as revenue, earnings, production volumes, and any commentary from management on the company's performance and outlook. It's important to note that this information is furnished, not filed, under Section 18 of the Exchange Act, meaning it doesn't carry the same legal implications as a formally filed document for certain purposes.

Key Highlights

  • 1Occidental Petroleum (OXY) filed an 8-K on August 2, 2023, to announce its Q2 2023 financial results.
  • 2The filing incorporates by reference a press release (Exhibit 99.1) containing the detailed financial and operational results for the quarter ended June 30, 2023.
  • 3Investors are directed to the press release for specific details on the company's performance, financial condition, and any management commentary.
  • 4This 8-K serves as a notification mechanism for the release of quarterly financial information, with the substantive details found in the referenced exhibit.
  • 5The information provided is furnished and not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934, a standard disclosure for such reports.

Frequently Asked Questions

The actual financial results for the quarter ended June 30, 2023, are detailed in the press release furnished as Exhibit 99.1 to this 8-K filing. Investors should refer to this exhibit for comprehensive financial and operational data.

When information is 'furnished' under Item 2.02 of an 8-K, it means the company is providing the data to the SEC, but it is not subject to the liabilities and reporting requirements of Section 18 of the Securities Exchange Act of 1934, nor is it automatically incorporated into other SEC filings unless specifically stated. This is a common practice for earnings releases.

This specific 8-K filing primarily serves to announce the Q2 2023 financial results via a press release. Any strategic announcements or guidance updates would be detailed within that furnished press release (Exhibit 99.1) and should be reviewed there.