Attached files
| file | filename |
|---|---|
| EX-99.4 - EXHIBIT 99.4 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_4-20100128.htm |
| EX-99.1 - EXHIBIT 99.1 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_1-20100128.htm |
| EX-99.2 - EXHIBIT 99.2 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_2-20100128.htm |
| EX-99.5 - EXHIBIT 99.5 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_5-20100128.htm |
| 8-K - FORM 8-K - OCCIDENTAL PETROLEUM CORP /DE/ | form8k-20100128.htm |
EXHIBIT 99.3
Investor Relations Supplemental Schedules
|
Investor
Relations Supplemental Schedules
|
|||||
|
Summary
|
|||||
|
($
Millions)
|
|||||
|
4Q
2009
|
4Q
2008
|
||||
|
Reported
Net Income
|
|
$938
|
|
$443
|
|
|
EPS
- Diluted
|
|
$1.15
|
|
$0.55
|
|
|
Core
Results
|
|
$1,058
|
|
$957
|
|
|
EPS
- Diluted
|
|
$1.30
|
|
$1.18
|
|
|
Total
Worldwide Sales Volumes (mboe/day)
|
650
|
620
|
|||
|
Total
Worldwide Crude Oil Realizations ($/BBL)
|
|
$69.39
|
|
$53.52
|
|
|
Domestic
Natural Gas Realizations ($/MCF)
|
|
$4.37
|
|
$4.67
|
|
|
Wtd.
Average Basic Shares O/S (mm)
|
811.8
|
810.3
|
|||
|
Wtd.
Average Diluted Shares O/S (mm)
|
813.5
|
811.5
|
|||
|
YTD
2009
|
YTD
2008
|
||||
|
Reported
Net Income
|
|
$2,915
|
|
$6,857
|
|
|
EPS
- Diluted
|
|
$3.58
|
|
$8.34
|
|
|
Core
Results
|
|
$3,083
|
|
$7,348
|
|
|
EPS
- Diluted
|
|
$3.78
|
|
$8.94
|
|
|
Total
Worldwide Sales Volumes (mboe/day)
|
645
|
601
|
|||
|
Total
Worldwide Crude Oil Realizations ($/BBL)
|
|
$55.97
|
|
$88.26
|
|
|
Domestic
Natural Gas Realizations ($/MCF)
|
|
$3.46
|
|
$8.03
|
|
|
Wtd.
Average Basic Shares O/S (mm)
|
811.3
|
817.6
|
|||
|
Wtd.
Average Diluted Shares O/S (mm)
|
813.8
|
820.5
|
|||
|
Shares
Outstanding (mm)
|
811.9
|
810.2
|
|||
|
Cash
Flow from Operations
|
$
|
5,800
|
$
|
10,700
|
|
1
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||||
|
2009
Fourth Quarter
|
||||||||||||||
|
Net
Income (Loss)
|
||||||||||||||
|
($
millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant Items Affecting
Income
|
Results
|
||||||||||||
|
Oil
& Gas
|
$
|
1,643
|
$
|
170
|
Asset
impairments
|
$
|
1,813
|
|||||||
|
Chemical
|
33
|
33
|
||||||||||||
|
Midstream,
marketing and other
|
81
|
81
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest
expense, net
|
(33
|
)
|
(33
|
)
|
||||||||||
|
Other
|
(108
|
)
|
(108
|
)
|
||||||||||
|
Taxes
|
(673
|
)
|
(55
|
)
|
Tax
effect of adjustments
|
(728
|
)
|
|||||||
|
Income
from continuing operations
|
943
|
115
|
1,058
|
|||||||||||
|
Discontinued
operations, net of tax
|
(5
|
)
|
5
|
Discontinued
operations, net
|
-
|
|||||||||
|
Net
Income
|
$
|
938
|
$
|
120
|
$
|
1,058
|
||||||||
|
Basic
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
1.16
|
||||||||||||
|
Discontinued
operations, net
|
(0.01
|
)
|
||||||||||||
|
Net
Income
|
$
|
1.15
|
$
|
1.30
|
||||||||||
|
Diluted
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
1.16
|
||||||||||||
|
Discontinued
operations, net
|
(0.01
|
)
|
||||||||||||
|
Net
Income
|
$
|
1.15
|
$
|
1.30
|
||||||||||
2
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||||
|
2008
Fourth Quarter
|
||||||||||||||
|
Net
Income (Loss)
|
||||||||||||||
|
($
millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant
Items Affecting Income
|
Results
|
||||||||||||
|
Oil
& Gas
|
$
|
339
|
$
|
599
|
Asset
impairments
|
$
|
996
|
|||||||
|
58
|
Rig
contract terminations
|
|||||||||||||
|
Chemical
|
127
|
90
|
Plant
closure
|
217
|
||||||||||
|
Midstream,
marketing and other
|
170
|
170
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest
expense, net
|
(16
|
)
|
(16
|
)
|
||||||||||
|
Other
|
(54
|
)
|
(54
|
)
|
||||||||||
|
Taxes
|
(118
|
)
|
(238
|
)
|
Tax
effect of adjustments
|
(356
|
)
|
|||||||
|
Income
from continuing operations
|
448
|
509
|
957
|
|||||||||||
|
Discontinued
operations, net of tax
|
(5
|
)
|
5
|
Discontinued
operations, net
|
-
|
|||||||||
|
Net
Income
|
$
|
443
|
$
|
514
|
$
|
957
|
||||||||
|
Basic
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
0.55
|
||||||||||||
|
Discontinued
operations, net
|
-
|
|||||||||||||
|
Net
Income
|
$
|
0.55
|
$
|
1.18
|
||||||||||
|
Diluted
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
0.55
|
||||||||||||
|
Discontinued
operations, net
|
-
|
|||||||||||||
|
Net
Income
|
$
|
0.55
|
$
|
1.18
|
||||||||||
3
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||||
|
2009
Twelve Months
|
||||||||||||||
|
Net
Income (Loss)
|
||||||||||||||
|
($
millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant Items Affecting
Income
|
Results
|
||||||||||||
|
Oil
& Gas
|
$
|
4,735
|
$
|
8
|
Rig
terminations
|
$
|
4,913
|
|||||||
|
170
|
Asset
impairments
|
|||||||||||||
|
Chemical
|
389
|
389
|
||||||||||||
|
Midstream,
marketing and other
|
235
|
235
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest
expense, net
|
(109
|
)
|
(109
|
)
|
||||||||||
|
Other
|
(405
|
)
|
40
|
Severance
|
(350
|
)
|
||||||||
|
15
|
Railcar
leases
|
|||||||||||||
|
Taxes
|
(1,918
|
)
|
(77
|
)
|
Tax
effect of adjustments
|
(1,995
|
)
|
|||||||
|
Income
from continuing operations
|
2,927
|
156
|
3,083
|
|||||||||||
|
Discontinued
operations, net of tax
|
(12
|
)
|
12
|
Discontinued
operations, net
|
-
|
|||||||||
|
Net
Income
|
$
|
2,915
|
$
|
168
|
$
|
3,083
|
||||||||
|
Basic
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
3.60
|
||||||||||||
|
Discontinued
operations, net
|
(0.01
|
)
|
||||||||||||
|
Net
Income
|
$
|
3.59
|
$
|
3.80
|
||||||||||
|
Diluted
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
3.59
|
||||||||||||
|
Discontinued
operations, net
|
(0.01
|
)
|
||||||||||||
|
Net
Income
|
$
|
3.58
|
$
|
3.78
|
||||||||||
4
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||||
|
2008
Twelve Months
|
||||||||||||||
|
Net
Income (Loss)
|
||||||||||||||
|
($
millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant
Items Affecting Income
|
Results
|
||||||||||||
|
Oil
& Gas
|
$
|
10,651
|
$
|
58
|
Rig
contract terminations
|
$
|
11,308
|
|||||||
|
599
|
Asset
impairments
|
|||||||||||||
|
Chemical
|
669
|
90
|
Plant
closure
|
759
|
||||||||||
|
Midstream,
marketing and other
|
520
|
520
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest
expense, net
|
(26
|
)
|
(26
|
)
|
||||||||||
|
Other
|
(346
|
)
|
(346
|
)
|
||||||||||
|
Taxes
|
(4,629
|
)
|
(238
|
)
|
Tax
effect of adjustments
|
(4,867
|
)
|
|||||||
|
Income
from continuing operations
|
6,839
|
509
|
7,348
|
|||||||||||
|
Discontinued
operations, net of tax
|
18
|
(18
|
)
|
Discontinued
operations, net
|
-
|
|||||||||
|
Net
Income
|
$
|
6,857
|
$
|
491
|
$
|
7,348
|
||||||||
|
Basic
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
8.35
|
||||||||||||
|
Discontinued
operations, net
|
0.02
|
|||||||||||||
|
Net
Income
|
$
|
8.37
|
$
|
8.97
|
||||||||||
|
Diluted
Earnings Per Common Share
|
||||||||||||||
|
Income
from continuing operations
|
$
|
8.32
|
||||||||||||
|
Discontinued
operations, net
|
0.02
|
|||||||||||||
|
Net
Income
|
$
|
8.34
|
$
|
8.94
|
||||||||||
5
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
|||||||||||
|
Items
Affecting Comparability of Core Results Between Periods
|
|||||||||||
|
The
item(s) below are included in core results and are shown in this
table
|
|||||||||||
|
because
they affect the comparability between periods.
|
|||||||||||
|
Pre-tax
|
|||||||||||
|
Income
/ (Expense)
|
Fourth
Quarter
|
Twelve
Months
|
|||||||||
|
2009
|
2008
|
2009
|
2008
|
||||||||
|
Foreign
Exchange Gains & (Losses) *
|
8
|
88
|
36
|
91
|
|||||||
|
*Amounts
shown after-tax
|
|||||||||||
6
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||||
|
Worldwide
Effective Tax Rate
|
||||||||||||||
|
QUARTERLY
|
YEAR-TO-DATE
|
|||||||||||||
|
2009
|
2009
|
2008
|
2009
|
2008
|
||||||||||
|
REPORTED
INCOME
|
QTR
4
|
QTR
3
|
QTR
4
|
12
Months
|
12
Months
|
|||||||||
|
Oil
& Gas (a)
|
1,643
|
1,464
|
339
|
4,735
|
10,651
|
|||||||||
|
Chemicals
|
33
|
72
|
127
|
389
|
669
|
|||||||||
|
Midstream,
marketing and other
|
81
|
77
|
170
|
235
|
520
|
|||||||||
|
Corporate
& other
|
(141
|
)
|
(135
|
)
|
(70
|
)
|
(514
|
)
|
(372
|
)
|
||||
|
Pre-tax
income
|
1,616
|
1,478
|
566
|
4,845
|
11,468
|
|||||||||
|
Income
tax expense
|
||||||||||||||
|
Federal
and state
|
338
|
189
|
65
|
686
|
2,188
|
|||||||||
|
Foreign
(a)
|
335
|
360
|
53
|
1,232
|
2,441
|
|||||||||
|
Total
|
673
|
549
|
118
|
1,918
|
4,629
|
|||||||||
|
Income
from continuing operations
|
943
|
929
|
448
|
2,927
|
6,839
|
|||||||||
|
Worldwide
effective tax rate
|
42%
|
37%
|
21%
|
40%
|
40%
|
|||||||||
|
2009
|
2009
|
2008
|
2009
|
2008
|
||||||||||
|
CORE
RESULTS
|
QTR
4
|
QTR
3
|
QTR
4
|
12
Months
|
12
Months
|
|||||||||
|
Oil
& Gas (a)
|
1,813
|
1,464
|
996
|
4,913
|
11,308
|
|||||||||
|
Chemicals
|
33
|
72
|
217
|
389
|
759
|
|||||||||
|
Midstream,
marketing and other
|
81
|
77
|
170
|
235
|
520
|
|||||||||
|
Corporate
& other
|
(141
|
)
|
(135
|
)
|
(70
|
)
|
(459
|
)
|
(372
|
)
|
||||
|
Pre-tax
income
|
1,786
|
1,478
|
1,313
|
5,078
|
12,215
|
|||||||||
|
Income
tax expense
|
||||||||||||||
|
Federal
and state
|
338
|
189
|
303
|
708
|
2,426
|
|||||||||
|
Foreign
(a)
|
390
|
360
|
53
|
1,287
|
2,441
|
|||||||||
|
Total
|
728
|
549
|
356
|
1,995
|
4,867
|
|||||||||
|
Core
results
|
1,058
|
929
|
957
|
3,083
|
7,348
|
|||||||||
|
Worldwide
effective tax rate
|
41%
|
37%
|
27%
|
39%
|
40%
|
|||||||||
|
(a)
Revenues and income tax expense include taxes owed by Occidental but paid
by governmental
|
||||||||||||||
|
entities
on its behalf. Oil and gas pre-tax income includes the
following revenue amounts by periods.
|
||||||||||||||
|
2009
|
2009
|
2008
|
2009
|
2008
|
||||||||||
|
QTR
4
|
QTR
3
|
QTR
4
|
12
Months
|
12
Months
|
||||||||||
|
400
|
338
|
250
|
1,227
|
2,051
|
||||||||||
7
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||
|
2009
Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Reported
Income Comparison
|
||||||||||||
|
Fourth
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2009
|
2009
|
B
/ (W)
|
||||||||||
|
Oil
& Gas
|
$
|
1,643
|
$
|
1,464
|
$
|
179
|
||||||
|
Chemical
|
33
|
72
|
(39
|
)
|
||||||||
|
Midstream,
marketing and other
|
81
|
77
|
4
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest
expense, net
|
(33
|
)
|
(33
|
)
|
-
|
|||||||
|
Other
|
(108
|
)
|
(102
|
)
|
(6
|
)
|
||||||
|
Taxes
|
(673
|
)
|
(549
|
)
|
(124
|
)
|
||||||
|
Income
from continuing operations
|
943
|
929
|
14
|
|||||||||
|
Discontinued
operations, net
|
(5
|
)
|
(2
|
)
|
(3
|
)
|
||||||
|
Net
Income
|
$
|
938
|
$
|
927
|
$
|
11
|
||||||
|
Earnings
Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.15
|
$
|
1.14
|
$
|
0.01
|
||||||
|
Diluted
|
$
|
1.15
|
$
|
1.14
|
$
|
0.01
|
||||||
|
Worldwide
Effective Tax Rate
|
42%
|
37%
|
-5%
|
|||||||||
|
OCCIDENTAL
PETROLEUM
|
||||||||||||
|
2009
Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Core
Results Comparison
|
||||||||||||
|
Fourth
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2009
|
2009
|
B
/ (W)
|
||||||||||
|
Oil
& Gas
|
$
|
1,813
|
$
|
1,464
|
$
|
349
|
||||||
|
Chemical
|
33
|
72
|
(39
|
)
|
||||||||
|
Midstream,
marketing and other
|
81
|
77
|
4
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest
expense, net
|
(33
|
)
|
(33
|
)
|
-
|
|||||||
|
Other
|
(108
|
)
|
(102
|
)
|
(6
|
)
|
||||||
|
Taxes
|
(728
|
)
|
(549
|
)
|
(179
|
)
|
||||||
|
Core
Results
|
$
|
1,058
|
$
|
929
|
$
|
129
|
||||||
|
Core
Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.30
|
$
|
1.14
|
$
|
0.16
|
||||||
|
Diluted
|
$
|
1.30
|
$
|
1.14
|
$
|
0.16
|
||||||
|
Worldwide
Effective Tax Rate
|
41%
|
37%
|
-4%
|
|||||||||
8
Investor Relations Supplemental Schedules
9
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||
|
2009
Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Reported
Income Comparison
|
||||||||||||
|
Fourth
|
Fourth
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2009
|
2008
|
B
/ (W)
|
||||||||||
|
Oil
& Gas
|
$
|
1,643
|
$
|
339
|
$
|
1,304
|
||||||
|
Chemical
|
33
|
127
|
(94
|
)
|
||||||||
|
Midstream,
marketing and other
|
81
|
170
|
(89
|
)
|
||||||||
|
Corporate
|
||||||||||||
|
Interest
expense, net
|
(33
|
)
|
(16
|
)
|
(17
|
)
|
||||||
|
Other
|
(108
|
)
|
(54
|
)
|
(54
|
)
|
||||||
|
Taxes
|
(673
|
)
|
(118
|
)
|
(555
|
)
|
||||||
|
Income
from continuing operations
|
943
|
448
|
495
|
|||||||||
|
Discontinued
operations, net
|
(5
|
)
|
(5
|
)
|
-
|
|||||||
|
Net
Income
|
$
|
938
|
$
|
443
|
$
|
495
|
||||||
|
Earnings
Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.15
|
$
|
0.55
|
$
|
0.60
|
||||||
|
Diluted
|
$
|
1.15
|
$
|
0.55
|
$
|
0.60
|
||||||
|
Worldwide
Effective Tax Rate
|
42%
|
21%
|
-20%
|
|||||||||
|
OCCIDENTAL
PETROLEUM
|
||||||||||||
|
2009
Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Core
Results Comparison
|
||||||||||||
|
Fourth
|
Fourth
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2009
|
2008
|
B
/ (W)
|
||||||||||
|
Oil
& Gas
|
$
|
1,813
|
$
|
996
|
$
|
817
|
||||||
|
Chemical
|
33
|
217
|
(184
|
)
|
||||||||
|
Midstream,
marketing and other
|
81
|
170
|
(89
|
)
|
||||||||
|
Corporate
|
||||||||||||
|
Interest
expense, net
|
(33
|
)
|
(16
|
)
|
(17
|
)
|
||||||
|
Other
|
(108
|
)
|
(54
|
)
|
(54
|
)
|
||||||
|
Taxes
|
(728
|
)
|
(356
|
)
|
(372
|
)
|
||||||
|
Core
Results
|
$
|
1,058
|
$
|
957
|
$
|
101
|
||||||
|
Core
Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.30
|
$
|
1.18
|
$
|
0.12
|
||||||
|
Diluted
|
$
|
1.30
|
$
|
1.18
|
$
|
0.12
|
||||||
|
Worldwide
Effective Tax Rate
|
41%
|
27%
|
-14%
|
|||||||||
10
Investor Relations Supplemental Schedules
11
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||
|
SUMMARY
OF OPERATING STATISTICS
|
||||||||
|
Fourth
Quarter
|
Twelve
Months
|
|||||||
|
2009
|
2008
|
2009
|
2008
|
|||||
|
NET
SALES VOLUMES PER DAY:
|
||||||||
|
United
States
|
||||||||
|
Crude
Oil and Liquids (MBBL)
|
||||||||
|
California
|
92
|
97
|
93
|
89
|
||||
|
Permian
|
168
|
167
|
168
|
168
|
||||
|
Midcontinent
Gas
|
11
|
9
|
10
|
6
|
||||
|
Total
|
271
|
273
|
271
|
263
|
||||
|
Natural
Gas (MMCF)
|
||||||||
|
California
|
282
|
221
|
250
|
235
|
||||
|
Permian
|
197
|
188
|
199
|
181
|
||||
|
Midcontinent
Gas
|
166
|
187
|
186
|
171
|
||||
|
Total
|
645
|
596
|
635
|
587
|
||||
|
Latin
America
|
||||||||
|
Crude
Oil (MBBL)
|
||||||||
|
Argentina
|
37
|
32
|
37
|
32
|
||||
|
Colombia
|
36
|
39
|
39
|
37
|
||||
|
Total
|
73
|
71
|
76
|
69
|
||||
|
Natural
Gas (MMCF)
|
||||||||
|
Argentina
|
30
|
24
|
30
|
21
|
||||
|
Bolivia
|
12
|
21
|
16
|
21
|
||||
|
Total
|
42
|
45
|
46
|
42
|
||||
|
Middle
East / North Africa
|
||||||||
|
Crude
Oil and Liquids (MBBL)
|
||||||||
|
Oman
|
43
|
27
|
39
|
23
|
||||
|
Dolphin
|
20
|
23
|
21
|
21
|
||||
|
Qatar
|
48
|
48
|
48
|
47
|
||||
|
Yemen
|
28
|
22
|
29
|
23
|
||||
|
Libya
|
9
|
10
|
7
|
15
|
||||
|
Bahrain
|
1
|
-
|
-
|
-
|
||||
|
Total
|
149
|
130
|
144
|
129
|
||||
|
Natural
Gas (MMCF)
|
||||||||
|
Oman
|
19
|
23
|
22
|
24
|
||||
|
Dolphin
|
198
|
209
|
213
|
184
|
||||
|
Bahrain
|
40
|
-
|
10
|
-
|
||||
|
Total
|
257
|
232
|
245
|
208
|
||||
|
Barrels
of Oil Equivalent (MBOE)
|
650
|
620
|
645
|
601
|
||||
12
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||
|
SUMMARY OF OPERATING
STATISTICS
|
||||||||
|
Fourth
Quarter
|
Twelve
Months
|
|||||||
|
2009
|
2008
|
2009
|
2008
|
|||||
|
NET
PRODUCTION PER DAY:
|
||||||||
|
United
States
|
||||||||
|
Crude
Oil and Liquids (MBBL)
|
271
|
273
|
271
|
263
|
||||
|
Natural
Gas (MMCF)
|
645
|
596
|
635
|
587
|
||||
|
Latin
America
|
||||||||
|
Crude
Oil (MBBL)
|
||||||||
|
Argentina
|
36
|
38
|
36
|
34
|
||||
|
Colombia
|
36
|
39
|
39
|
38
|
||||
|
Total
|
72
|
77
|
75
|
72
|
||||
|
Natural
Gas (MMCF)
|
42
|
45
|
46
|
42
|
||||
|
Middle
East / North Africa
|
||||||||
|
Crude
Oil and Liquids (MBBL)
|
||||||||
|
Oman
|
45
|
28
|
39
|
23
|
||||
|
Dolphin
|
20
|
22
|
22
|
20
|
||||
|
Qatar
|
46
|
48
|
48
|
47
|
||||
|
Yemen
|
27
|
22
|
28
|
23
|
||||
|
Libya
|
5
|
8
|
6
|
15
|
||||
|
Bahrain
|
1
|
-
|
-
|
-
|
||||
|
Total
|
144
|
128
|
143
|
128
|
||||
|
Natural
Gas (MMCF)
|
257
|
232
|
245
|
208
|
||||
|
Barrels
of Oil Equivalent (MBOE)
|
644
|
623
|
643
|
603
|
||||
13
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||||||
|
SUMMARY
OF OPERATING STATISTICS
|
||||||||||||||||
|
Fourth
Quarter
|
Twelve
Months
|
|||||||||||||||
|
2009
|
2008
|
2009
|
2008
|
|||||||||||||
|
OIL & GAS:
|
||||||||||||||||
|
PRICES
|
||||||||||||||||
|
United
States
|
||||||||||||||||
|
Crude
Oil ($/BBL)
|
70.90
|
52.64
|
56.74
|
91.16
|
||||||||||||
|
Natural
gas ($/MCF)
|
4.37
|
4.67
|
3.46
|
8.03
|
||||||||||||
|
Latin
America
|
||||||||||||||||
|
Crude
Oil ($/BBL)
|
58.65
|
47.48
|
49.43
|
70.53
|
||||||||||||
|
Natural
Gas ($/MCF)
|
2.93
|
4.99
|
3.01
|
4.43
|
||||||||||||
|
Middle
East / North Africa
|
||||||||||||||||
|
Crude
Oil ($/BBL)
|
73.11
|
59.09
|
58.75
|
94.70
|
||||||||||||
|
Total
Worldwide
|
||||||||||||||||
|
Crude
Oil ($/BBL)
|
69.39
|
53.52
|
55.97
|
88.26
|
||||||||||||
|
Natural
Gas ($/MCF)
|
3.37
|
3.72
|
2.79
|
6.10
|
||||||||||||
|
Fourth
Quarter
|
Twelve
Months
|
|||||||||||||||
|
2009
|
2008
|
2009
|
2008
|
|||||||||||||
|
Exploration
Expense
|
||||||||||||||||
|
United
States
|
$
|
53
|
$
|
53
|
$
|
160
|
$
|
95
|
||||||||
|
Latin
America
|
13
|
18
|
27
|
53
|
||||||||||||
|
Middle
East / North Africa
|
33
|
142
|
80
|
259
|
||||||||||||
|
Other
Eastern Hemisphere
|
-
|
2
|
-
|
1
|
||||||||||||
|
TOTAL
REPORTED
|
$
|
99
|
$
|
215
|
$
|
267
|
$
|
408
|
||||||||
|
Less
- non-core impairments
|
-
|
(81
|
)
|
-
|
(81
|
)
|
||||||||||
|
TOTAL
CORE
|
$
|
99
|
$
|
134
|
$
|
267
|
$
|
327
|
||||||||
14
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||||
|
SUMMARY OF OPERATING
STATISTICS
|
||||||||||||
|
Fourth
Quarter
|
Twelve
Months
|
|||||||||||
|
Capital
Expenditures ($MM)
|
2009
|
2008
|
2009
|
2008
|
||||||||
|
Oil
& Gas
|
||||||||||||
|
California
|
$
|
152
|
$
|
244
|
$
|
554
|
$
|
802
|
||||
|
Permian
|
85
|
207
|
413
|
485
|
||||||||
|
Midcontinent
Gas
|
41
|
149
|
118
|
389
|
||||||||
|
Latin
America
|
125
|
301
|
526
|
848
|
||||||||
|
Middle
East / North Africa
|
253
|
323
|
1,021
|
1,058
|
||||||||
|
Exploration
|
57
|
107
|
152
|
263
|
||||||||
|
Chemicals
|
91
|
86
|
205
|
240
|
||||||||
|
Midstream,
marketing and other
|
124
|
160
|
554
|
492
|
||||||||
|
Corporate
|
4
|
17
|
38
|
87
|
||||||||
|
TOTAL
|
$
|
932
|
$
|
1,594
|
$
|
3,581
|
$
|
4,664
|
||||
|
Depreciation,
Depletion &
|
Fourth
Quarter
|
Twelve
Months
|
||||||||||
|
Amortization
of Assets ($MM)
|
2009
|
2008
|
2009
|
2008
|
||||||||
|
Oil
& Gas
|
||||||||||||
|
Domestic
|
$
|
305
|
$
|
334
|
$
|
1,237
|
$
|
1,094
|
||||
|
Latin
America
|
165
|
140
|
628
|
453
|
||||||||
|
Middle
East / North Africa
|
237
|
181
|
823
|
760
|
||||||||
|
Chemicals
|
76
|
72
|
298
|
311
|
||||||||
|
Midstream,
marketing and other
|
31
|
21
|
110
|
73
|
||||||||
|
Corporate
|
6
|
5
|
21
|
19
|
||||||||
|
TOTAL
|
$
|
820
|
$
|
753
|
$
|
3,117
|
$
|
2,710
|
||||
15
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||
|
CORPORATE
|
||||||||||
|
($
millions)
|
||||||||||
|
31-Dec-09
|
31-Dec-08
|
|||||||||
|
CAPITALIZATION
|
||||||||||
|
Long-Term
Debt (including current maturities)
|
$
|
2,796
|
$
|
2,740
|
||||||
|
Notes
Payable
|
-
|
7
|
||||||||
|
Others
|
25
|
25
|
||||||||
|
Total
Debt
|
$
|
2,821
|
$
|
2,772
|
||||||
|
EQUITY
|
$
|
29,159
|
$
|
27,325
|
||||||
|
Total
Debt To Total Capitalization
|
9%
|
9%
|
||||||||
16
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||
|
SUMMARY
OF OPERATING STATISTICS
|
||||||||||
|
2005
|
2006
|
2007
|
2008
|
2009
|
||||||
|
SALES
VOLUMES PER DAY:
|
||||||||||
|
United
States
|
||||||||||
|
Crude
Oil and Liquids (MBBL)
|
||||||||||
|
California
|
76
|
86
|
89
|
89
|
93
|
|||||
|
Permian
|
158
|
161
|
163
|
164
|
164
|
|||||
|
Midcontinent
Gas
|
6
|
9
|
8
|
10
|
14
|
|||||
|
Total
|
240
|
256
|
260
|
263
|
271
|
|||||
|
Natural
Gas (MMCF)
|
||||||||||
|
California
|
242
|
256
|
254
|
235
|
250
|
|||||
|
Permian
|
111
|
117
|
112
|
116
|
125
|
|||||
|
Midcontinent
Gas
|
192
|
215
|
227
|
236
|
260
|
|||||
|
Total
|
545
|
588
|
593
|
587
|
635
|
|||||
|
Latin
America
|
||||||||||
|
Crude
Oil (MBBL)
|
||||||||||
|
Argentina
|
-
|
33
|
32
|
32
|
37
|
|||||
|
Colombia
|
32
|
33
|
37
|
37
|
39
|
|||||
|
Total
|
32
|
66
|
69
|
69
|
76
|
|||||
|
Natural
Gas (MMCF)
|
||||||||||
|
Argentina
|
-
|
17
|
22
|
21
|
30
|
|||||
|
Bolivia
|
-
|
17
|
18
|
21
|
16
|
|||||
|
Total
|
-
|
34
|
40
|
42
|
46
|
|||||
|
Middle
East / North Africa
|
||||||||||
|
Crude
Oil and Liquids (MBBL)
|
||||||||||
|
Oman
|
27
|
28
|
31
|
34
|
50
|
|||||
|
Dolphin
|
-
|
-
|
5
|
26
|
25
|
|||||
|
Qatar
|
71
|
73
|
81
|
80
|
79
|
|||||
|
Yemen
|
39
|
40
|
37
|
32
|
35
|
|||||
|
Libya
|
8
|
23
|
22
|
19
|
12
|
|||||
|
Bahrain
|
-
|
-
|
-
|
-
|
-
|
|||||
|
Total
|
145
|
164
|
176
|
191
|
201
|
|||||
|
Natural
Gas (MMCF)
|
||||||||||
|
Oman
|
70
|
67
|
67
|
53
|
49
|
|||||
|
Dolphin
|
-
|
-
|
67
|
231
|
257
|
|||||
|
Bahrain
|
-
|
-
|
-
|
-
|
10
|
|||||
|
Total
|
70
|
67
|
134
|
284
|
316
|
|||||
|
Barrels
of Oil Equivalent (MBOE)
|
519
|
601
|
633
|
675
|
714
|
|||||
|
*This
schedule reflects what production volumes would have been for the past 5
years if all production had been
|
||||||||||
|
represented
on a pre-tax basis and Permian gas properties as part of Midcontinent
Gas
|
||||||||||
17
Investor Relations Supplemental Schedules
|
OCCIDENTAL
PETROLEUM
|
||||||||||
|
SUMMARY
OF OPERATING STATISTICS
|
||||||||||
|
2009
|
||||||||||
|
Qtr
1
|
Qtr
2
|
Qtr
3
|
Qtr
4
|
Total
|
||||||
|
SALES
VOLUMES PER DAY:
|
||||||||||
|
United
States
|
||||||||||
|
Crude
Oil and Liquids (MBBL)
|
||||||||||
|
California
|
97
|
90
|
92
|
92
|
93
|
|||||
|
Permian
|
166
|
163
|
162
|
164
|
164
|
|||||
|
Midcontinent
Gas
|
13
|
14
|
15
|
15
|
14
|
|||||
|
Total
|
276
|
267
|
269
|
271
|
271
|
|||||
|
Natural
Gas (MMCF)
|
||||||||||
|
California
|
216
|
232
|
269
|
282
|
250
|
|||||
|
Permian
|
124
|
124
|
133
|
122
|
125
|
|||||
|
Midcontinent
Gas
|
280
|
265
|
251
|
241
|
260
|
|||||
|
Total
|
620
|
621
|
653
|
645
|
635
|
|||||
|
Latin
America
|
||||||||||
|
Crude
Oil (MBBL)
|
||||||||||
|
Argentina
|
45
|
37
|
30
|
37
|
37
|
|||||
|
Colombia
|
41
|
42
|
39
|
36
|
39
|
|||||
|
Total
|
86
|
79
|
69
|
73
|
76
|
|||||
|
Natural
Gas (MMCF)
|
||||||||||
|
Argentina
|
33
|
30
|
27
|
30
|
30
|
|||||
|
Bolivia
|
15
|
19
|
18
|
12
|
16
|
|||||
|
Total
|
48
|
49
|
45
|
42
|
46
|
|||||
|
Middle
East/North Africa
|
||||||||||
|
Crude
Oil and Liquids (MBBL)
|
||||||||||
|
Oman
|
46
|
49
|
50
|
54
|
50
|
|||||
|
Dolphin
|
23
|
29
|
26
|
26
|
25
|
|||||
|
Qatar
|
75
|
82
|
77
|
80
|
79
|
|||||
|
Yemen
|
42
|
32
|
34
|
32
|
35
|
|||||
|
Libya
|
6
|
14
|
9
|
15
|
12
|
|||||
|
Bahrain
|
-
|
-
|
-
|
1
|
-
|
|||||
|
Total
|
192
|
206
|
196
|
208
|
201
|
|||||
|
Natural
Gas (MMCF)
|
||||||||||
|
Oman
|
53
|
50
|
48
|
42
|
49
|
|||||
|
Dolphin
|
233
|
282
|
258
|
256
|
257
|
|||||
|
Bahrain
|
-
|
-
|
-
|
40
|
10
|
|||||
|
Total
|
286
|
332
|
306
|
338
|
316
|
|||||
|
Barrels
of Oil Equivalent (MBOE)
|
713
|
719
|
702
|
722
|
714
|
|||||
|
*This
schedule reflects what production volumes would have been for the 4
quarters of 2009 if all production had been
|
||||||||||
|
represented
on a pre-tax basis and Permian gas properties as part of Midcontinent
Gas
|
||||||||||
18