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Occidental Petroleum | S-3ASR: Automatic shelf registration statement of securities of well-known seasoned issuers

SEC ·  Aug 3 04:36

Summary by Futu AI

Occidental Petroleum Corporation, a Delaware-based oil and gas company, filed a Form S-3 registration statement with the Securities and Exchange Commission (SEC) on August 2, 2024. The registration pertains to the resale of up to 29,560,619 shares of common stock by the selling stockholder, CrownRock Holdings, L.P., which were issued as part of the purchase price in the CrownRock Acquisition completed on August 1, 2024. Occidental Petroleum will not receive any proceeds from the sale of these shares. The common stock is listed on the New York Stock Exchange under the symbol 'OXY.' The last reported sale price of Occidental's common stock on the NYSE was $59.38 per share as of August 1, 2024. The selling stockholder may sell the shares through various methods, including public or private transactions, and at market or negotiated prices. The registration statement also includes details about Occidental's business, risk factors, and information on the plan of distribution for the shares.
Occidental Petroleum Corporation, a Delaware-based oil and gas company, filed a Form S-3 registration statement with the Securities and Exchange Commission (SEC) on August 2, 2024. The registration pertains to the resale of up to 29,560,619 shares of common stock by the selling stockholder, CrownRock Holdings, L.P., which were issued as part of the purchase price in the CrownRock Acquisition completed on August 1, 2024. Occidental Petroleum will not receive any proceeds from the sale of these shares. The common stock is listed on the New York Stock Exchange under the symbol 'OXY.' The last reported sale price of Occidental's common stock on the NYSE was $59.38 per share as of August 1, 2024. The selling stockholder may sell the shares through various methods, including public or private transactions, and at market or negotiated prices. The registration statement also includes details about Occidental's business, risk factors, and information on the plan of distribution for the shares.

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