Occidental Petroleum Corporation
Occidental Petroleum Provides Fourth Quarter 2024 Earnings Considerations
Summary
Occidental Petroleum Corporation disclosed factors impacting its fourth quarter 2024 results, including average realized prices for oil, natural gas liquids (NGL), and natural gas. The company noted that actual outcomes may differ from anticipated results due to various risks, including economic conditions, supply and demand fluctuations, regulatory approvals, and operational risks. Detailed considerations are furnished as Exhibit 99.1.
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Exhibits (1)
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About Occidental Petroleum Corporation
Occidental Petroleum Corporation is a global energy producer, primarily focused on the exploration and production of oil and natural gas. Its operations span key regions such as the United States, the Middle East, and Latin America, contributing significantly to the energy supply chain. Aside from its core oil and gas activities, Occidental is actively engaged in chemical production through its subsidiary Occidental Chemical Corporation, which provides essential building blocks for a variety of industries, including agriculture, water treatment, and plastics. As a leader in its field, Occidental is committed to advancing sustainable and low-carbon energy solutions, notably through carbon capture and enhanced oil recovery techniques. The company plays a vital role in meeting global energy demands while striving to reduce environmental impact, thus positioning itself as a key player in the evolving energy landscape.
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