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Occidental Petroleum | 8-K: Occidental Announces 4th Quarter 2023 Results

西方石油 | 8-K:西方公布2023年第四季度业绩

SEC announcement ·  02/14 16:25
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On February 14, 2024, Occidental Petroleum Corporation released its financial results for the fourth quarter of 2023. The company reported strong operational performance with operating cash flow of $3.2 billion and cash flow from operations before working capital of $2.5 billion. Capital spending amounted to $1,544 million, and contributions from noncontrolling interest were $98 million, resulting in a quarterly free cash flow before working capital of $1.1 billion. Total company production exceeded guidance by 8 Mboed despite a third-party outage in the eastern Gulf of Mexico. OxyChem, the company's chemical subsidiary, reported pre-tax income of $250 million, surpassing guidance. Occidental announced a 22% increase in its quarterly dividend to $0.22 per share and the acquisition of CrownRock, enhancing its U.S. onshore portfolio with assets in the Permian Basin...Show More
On February 14, 2024, Occidental Petroleum Corporation released its financial results for the fourth quarter of 2023. The company reported strong operational performance with operating cash flow of $3.2 billion and cash flow from operations before working capital of $2.5 billion. Capital spending amounted to $1,544 million, and contributions from noncontrolling interest were $98 million, resulting in a quarterly free cash flow before working capital of $1.1 billion. Total company production exceeded guidance by 8 Mboed despite a third-party outage in the eastern Gulf of Mexico. OxyChem, the company's chemical subsidiary, reported pre-tax income of $250 million, surpassing guidance. Occidental announced a 22% increase in its quarterly dividend to $0.22 per share and the acquisition of CrownRock, enhancing its U.S. onshore portfolio with assets in the Permian Basin. Additionally, the company closed the acquisition of Carbon Engineering, which is expected to enable cost and capital efficiencies and foster broader partnerships for Direct Air Capture deployment. The company's net income attributable to common stockholders for the quarter was $1.0 billion, or $1.08 per diluted share, with adjusted income at $710 million, or $0.74 per diluted share. Occidental's worldwide year-end proved reserves reached 4.0 billion BOE with a reserves replacement of 137%. The report also detailed the company's oil and gas segment performance, reserves, and capital expenditures.
2024年2月14日,西方石油公司发布了2023年第四季度的财务业绩。该公司报告了强劲的运营业绩,运营现金流为32亿美元,营运资金前的运营现金流为25亿美元。资本支出为15.44亿美元,非控股权益出资为9,800万美元,从而使扣除营运资本前的季度自由现金流为11亿美元。尽管墨西哥湾东部出现第三方停电,但公司的总产量仍超过了预期 8 Mboed。该公司的化工子公司OxyChem公布的税前收入为2.5亿美元,超过了预期。西方航空宣布将季度股息增加22%,至每股0.22美元,并收购CrownRock,通过二叠纪盆地的资产增强其在美国的在岸投资组合。此外,该公司完成了对Carbon Engineeri...展开全部
2024年2月14日,西方石油公司发布了2023年第四季度的财务业绩。该公司报告了强劲的运营业绩,运营现金流为32亿美元,营运资金前的运营现金流为25亿美元。资本支出为15.44亿美元,非控股权益出资为9,800万美元,从而使扣除营运资本前的季度自由现金流为11亿美元。尽管墨西哥湾东部出现第三方停电,但公司的总产量仍超过了预期 8 Mboed。该公司的化工子公司OxyChem公布的税前收入为2.5亿美元,超过了预期。西方航空宣布将季度股息增加22%,至每股0.22美元,并收购CrownRock,通过二叠纪盆地的资产增强其在美国的在岸投资组合。此外,该公司完成了对Carbon Engineering的收购,预计这将提高成本和资本效率,并为部署直接空中捕获促进更广泛的合作伙伴关系。该公司本季度归属于普通股股东的净收益为10亿美元,摊薄后每股收益为1.08美元,调整后收益为7.1亿美元,摊薄后每股收益为0.74美元。西方集团的全球年终探明储量达到40亿京东方,储量置换率为137%。该报告还详细介绍了该公司的石油和天然气板块的业绩、储量和资本支出。
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