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Occidental Petroleum

Complete the acquisition of CrownRock

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
19 Jul 2024
Due
31 Aug 2024
Delivered
1 Aug 2024
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“closing date of the Acquisition, which is expected to be completed in August 2024”

What we found

Evidence strength A What the grades mean

The 2025 10-K states the CrownRock acquisition was completed on August 1, 2024, before the August 31, 2024 deadline.

  • A
    Occidental Petroleum 10-K filed 2025-02-18 Regulatory filing · published 18 Feb 2025 · retrieved 16 Oct 2026 · kept permanently by the SEC · fingerprint 2cd8b652ca49
    “on August 1, 2024, the Company completed an acquisition of CrownRock, L.P. (CrownRock) for total consideration of approximately $12.4 billion.” ✓ confirmed on the page
  • A
    Occidental Petroleum 10-K filed 2025-02-18 Regulatory filing · published 18 Feb 2025 · retrieved 16 Oct 2026 · kept permanently by the SEC · fingerprint 2cd8b652ca49
    “In connection with the CrownRock Acquisition, Occidental issued $9.7 billion in new debt in July 2024 and assumed $1.2 billion of existing CrownRock debt in August 2024.” ✓ confirmed on the page

Market reaction: the shares moved +8.3% against the S&P 500 over the three sessions around the disclosure (14 Feb 2025 to 20 Feb 2025). What this measures

Checked 16 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Complete
Deliverable
Acquisition of CrownRock
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Conditional
Yes: subject to customary closing conditions
Depends on
Regulatory, Counterparty

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2024-OXY-010033 · Corrections policy

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