AI English summary of an SEC filing — figures as filed
The company said net income attributable to common stockholders for Q4 2023 was $1.0 billion ($1.08 per diluted share), and adjusted income attributable to common stockholders was $710 million ($0.74 per diluted share).
Key points
AI summaryThe company said net income attributable to common stockholders for Q4 2023 was $1.0 billion ($1.08 per diluted share), and adjusted income attributable to common stockholders was $710 million ($0.74 per diluted share).
Occidental said it generated operating cash flow of $3.2 billion, cash flow from operations before working capital of $2.5 billion, and free cash flow before working capital of $1.1 billion in Q4 2023.
The company said oil and gas pre-tax income was $1.6 billion in Q4 2023, down from $2.0 billion in Q3, and OxyChem pre-tax income was $250 million, down from $373 million in Q3.
Occidental said total company production for Q4 2023 was 1,234 Mboed, exceeding the guidance midpoint by 8 Mboed, and that its worldwide proved reserves at year-end 2023 totaled 4.0 billion BOE, with reserves replacement of 137%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 2023 Net Income and Adjusted Net Income
The company said net income attributable to common stockholders for Q4 2023 was $1.0 billion ($1.08 per diluted share), and adjusted income attributable to common stockholders was $710 million ($0.74 per diluted share).
Source · Based on the filing body and exhibits
Q4 Operating Cash Flow and Free Cash Flow
Occidental said it generated operating cash flow of $3.2 billion, cash flow from operations before working capital of $2.5 billion, and free cash flow before working capital of $1.1 billion in Q4 2023.
Source · Based on the filing body and exhibits
Q4 Segment Pre-Tax Income
The company said oil and gas pre-tax income was $1.6 billion in Q4 2023, down from $2.0 billion in Q3, and OxyChem pre-tax income was $250 million, down from $373 million in Q3.
Source · Based on the filing body and exhibits
Q4 Production and Year-End Reserves
Occidental said total company production for Q4 2023 was 1,234 Mboed, exceeding the guidance midpoint by 8 Mboed, and that its worldwide proved reserves at year-end 2023 totaled 4.0 billion BOE, with reserves replacement of 137%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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