share_log

Occidental Petroleum | CORRESP: CORRESP

Occidental Petroleum | CORRESP: CORRESP

西方石油 | CORRESP：信函
美股sec公告 ·  05/09 08:00
Moomoo AI 已提取核心訊息
Occidental Petroleum Corporation responded to a comment letter from the U.S. Securities and Exchange Commission (SEC) regarding its Form 10-K for the fiscal year ended December 31, 2023. The SEC's inquiry, dated April 30, 2024, sought clarification on the classification of Occidental's low-carbon ventures businesses (OLCV) within its financial reporting. Occidental's analysis concluded that OLCV does not meet the criteria to be considered a separate operating segment under FASB ASC 280-10-50. The company's Chief Operating Decision Maker does not review OLCV as a discrete segment, and its financial results are included within the midstream and marketing segment. OLCV's activities, which involve CO2 sequestration services and direct air capture technology, are still in the developmental stage with no significant revenue or assets. Occidental also confirmed that it has no oil and gas reserves or production associated with equity method investments. The company has agreed to remove immaterial references to equity method investees from future filings.
Occidental Petroleum Corporation responded to a comment letter from the U.S. Securities and Exchange Commission (SEC) regarding its Form 10-K for the fiscal year ended December 31, 2023. The SEC's inquiry, dated April 30, 2024, sought clarification on the classification of Occidental's low-carbon ventures businesses (OLCV) within its financial reporting. Occidental's analysis concluded that OLCV does not meet the criteria to be considered a separate operating segment under FASB ASC 280-10-50. The company's Chief Operating Decision Maker does not review OLCV as a discrete segment, and its financial results are included within the midstream and marketing segment. OLCV's activities, which involve CO2 sequestration services and direct air capture technology, are still in the developmental stage with no significant revenue or assets. Occidental also confirmed that it has no oil and gas reserves or production associated with equity method investments. The company has agreed to remove immaterial references to equity method investees from future filings.
西方石油公司回應美國證券交易所（SEC）有關其截至2023年12月31日的10-K表格的意見書。2024年4月30日的調查要求澄清西方石油的低碳風險企業（OLCV）在其財務報告中的分類。西方石油的分析得出結論，OLCV不符合按照FASB ASC 280-10-50的標準被視爲單獨經營板塊的要求。公司的首席運營決策者不會將OLCV作爲單獨的板塊進行審核，其財務業績包含在中游-腦機和服務業中。OLCV的活動涉及二氧化碳封存服務和直接空氣捕集技術，目前仍處於開發階段，沒有顯著的營業收入或資產。西方石油還確認，其股權法投資不涉及石油和天然氣儲量或生產。公司已同意在未來的申報文件中刪除股權法投資者的次要參考。
西方石油公司回應美國證券交易所（SEC）有關其截至2023年12月31日的10-K表格的意見書。2024年4月30日的調查要求澄清西方石油的低碳風險企業（OLCV）在其財務報告中的分類。西方石油的分析得出結論，OLCV不符合按照FASB ASC 280-10-50的標準被視爲單獨經營板塊的要求。公司的首席運營決策者不會將OLCV作爲單獨的板塊進行審核，其財務業績包含在中游-腦機和服務業中。OLCV的活動涉及二氧化碳封存服務和直接空氣捕集技術，目前仍處於開發階段，沒有顯著的營業收入或資產。西方石油還確認，其股權法投資不涉及石油和天然氣儲量或生產。公司已同意在未來的申報文件中刪除股權法投資者的次要參考。
有用
沒用

該公告為獨立文件：

獨立文件1  查看翻譯

声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。 更多信息