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

The primary purpose of this 8-K filing is to provide investors with an early summary of factors management at Occidental Petroleum believes will influence their third-quarter 2023 financial results, ahead of the official earnings release.

Is the information in this 8-K considered official financial results?

No, this 8-K filing is not an official earnings release. It contains "Earnings Considerations" furnished by management, which are meant to provide context on potential performance drivers. The detailed financial results will be released separately.

Where can I find the detailed 'Earnings Considerations' mentioned in the filing?

The detailed "Earnings Considerations" for the third quarter of 2023 are provided in Exhibit 99.1, which is furnished as part of this 8-K filing.

What does it mean that the information is 'furnished' and not 'filed'?

When information is 'furnished,' it means it is being provided to the SEC for public disclosure but is not subject to the same liability provisions as 'filed' information. Specifically, it generally won't be automatically incorporated by reference into future SEC filings unless the company explicitly states it will be.

OXY/OXY-WT 8-K: Earnings & Results

Summary

Occidental Petroleum Corporation (OXY) filed an 8-K on October 10, 2023, to provide preliminary insights into factors management expects to influence their third-quarter 2023 financial results. This filing is not a comprehensive earnings release but rather a summary of "Earnings Considerations" furnished as an exhibit. Investors should note that this information is provided for context and is not deemed "filed" for regulatory purposes, meaning it doesn't automatically get incorporated into other SEC filings unless specifically referenced. The primary takeaway for investors is that OXY is proactively communicating potential drivers of its upcoming quarterly performance, allowing for early assessment of key operational and market influences. The full details will be available in the "Earnings Considerations" document (Exhibit 99.1).

Key Highlights

1OXY filed an 8-K on October 10, 2023, to disclose factors impacting Q3 2023 results.
2The filing includes "Earnings Considerations" furnished as Exhibit 99.1.
3This report provides advance insights into management's view of Q3 performance drivers.
4The information is furnished, not filed, meaning it has specific regulatory implications regarding incorporation by reference.
5Investors should refer to Exhibit 99.1 for the detailed list of "Earnings Considerations."
6This preemptive disclosure aims to inform investors about potential impacts on financial performance ahead of the official earnings release.

OCCIDENTAL PETROLEUM CORP /DE/ 8-K Report, Financial Results (Oct 10, 2023)

Summary

Key Highlights

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