Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - OCCIDENTAL PETROLEUM CORP /DE/ | form8k-20101019.htm |
| EX-99.4 - EXHIBIT 99.4 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_4-20101019.htm |
| EX-99.2 - EXHIBIT 99.2 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_2-20101019.htm |
| EX-99.5 - EXHIBIT 99.5 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_5-20101019.htm |
| EX-99.1 - EXHIBIT 99.1 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_1-20101019.htm |
EXHIBIT 99.3
Investor Relations Supplemental Schedules
|
Investor Relations Supplemental Schedules
|
|||||||
|
Summary
|
|||||||
|
($ Millions)
|
|||||||
|
|
|||||||
|
3Q 2010
|
3Q 2009
|
||||||
|
Reported Net Income
|
$1,191
|
$927
|
|||||
|
EPS - Diluted
|
$1.46
|
$1.14
|
|||||
|
Core Results
|
$1,196
|
$929
|
|||||
|
EPS - Diluted
|
$1.47
|
$1.14
|
|||||
|
Total Worldwide Sales Volumes (mboe/day)
|
749
|
702
|
|||||
|
Total Worldwide Crude Oil Realizations ($/BBL)
|
$70.71
|
$62.79
|
|||||
|
Domestic Natural Gas Realizations ($/MCF)
|
$4.20
|
$3.04
|
|||||
|
Wtd. Average Basic Shares O/S (mm)
|
812.7
|
811.8
|
|||||
|
Wtd. Average Diluted Shares O/S (mm)
|
813.9
|
814.4
|
|||||
|
YTD 2010
|
YTD 2009
|
||||||
|
Reported Net Income
|
$3,318
|
$1,977
|
|||||
|
EPS - Diluted
|
$4.07
|
$2.43
|
|||||
|
Core Results
|
$3,336
|
$2,025
|
|||||
|
EPS - Diluted
|
$4.09
|
$2.48
|
|||||
|
Total Worldwide Sales Volumes (mboe/day)
|
741
|
711
|
|||||
|
Total Worldwide Crude Oil Realizations ($/BBL)
|
$71.57
|
$51.44
|
|||||
|
Domestic Natural Gas Realizations ($/MCF)
|
$4.67
|
$3.15
|
|||||
|
Wtd. Average Basic Shares O/S (mm)
|
812.4
|
811.1
|
|||||
|
Wtd. Average Diluted Shares O/S (mm)
|
813.8
|
813.9
|
|||||
|
Shares Outstanding (mm)
|
812.6
|
811.7
|
|||||
|
Cash Flow from Operations
|
$
|
6,600
|
$
|
3,800
|
|||
1
Investor Relations Supplemental Schedules
|
2010 Third Quarter
|
||||||||||||||
|
Net Income (Loss)
|
||||||||||||||
|
($ millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
||||||||||||
|
Oil & Gas
|
$
|
1,745
|
$
|
1,745
|
||||||||||
|
Chemical
|
189
|
189
|
||||||||||||
|
Midstream, marketing and other
|
163
|
163
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest expense, net
|
(19
|
)
|
(19
|
)
|
||||||||||
|
Other
|
(66
|
)
|
(66
|
)
|
||||||||||
|
Taxes
|
(816
|
)
|
(816
|
)
|
||||||||||
|
Income from continuing operations
|
1,196
|
-
|
1,196
|
|||||||||||
|
Discontinued operations, net of tax
|
(5
|
)
|
5
|
Discontinued operations, net
|
-
|
|||||||||
|
Net Income
|
$
|
1,191
|
$
|
5
|
$
|
1,196
|
||||||||
|
Basic Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
1.47
|
||||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
||||||||||||
|
Net Income
|
$
|
1.46
|
$
|
1.47
|
||||||||||
|
Diluted Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
1.47
|
||||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
||||||||||||
|
Net Income
|
$
|
1.46
|
$
|
1.47
|
||||||||||
2
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
2009 Third Quarter
|
||||||||||||||
|
Net Income (Loss)
|
||||||||||||||
|
($ millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
||||||||||||
|
Oil & Gas
|
$
|
1,464
|
$
|
1,464
|
||||||||||
|
Chemical
|
72
|
72
|
||||||||||||
|
Midstream, marketing and other
|
77
|
77
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest expense, net
|
(33
|
)
|
(33
|
)
|
||||||||||
|
Other
|
(102
|
)
|
(102
|
)
|
||||||||||
|
Taxes
|
|
(549
|
)
|
(549
|
)
|
|||||||||
|
Income from continuing operations
|
929
|
-
|
929
|
|||||||||||
|
Discontinued operations, net of tax
|
(2
|
)
|
2
|
Discontinued operations, net
|
-
|
|||||||||
|
Net Income
|
$
|
927
|
$
|
2
|
$
|
929
|
||||||||
|
Basic Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
1.14
|
||||||||||||
|
Discontinued operations, net
|
-
|
|||||||||||||
|
Net Income
|
$
|
1.14
|
$
|
1.14
|
||||||||||
|
Diluted Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
1.14
|
||||||||||||
|
Discontinued operations, net
|
-
|
|||||||||||||
|
Net Income
|
$
|
1.14
|
$
|
1.14
|
||||||||||
3
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
2010 First Nine Months
|
||||||||||||||
|
Net Income (Loss)
|
||||||||||||||
|
($ millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
||||||||||||
|
Oil & Gas
|
$
|
5,417
|
$
|
5,417
|
||||||||||
|
Chemical
|
327
|
327
|
||||||||||||
|
Midstream, marketing and other
|
270
|
270
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest expense, net
|
(77
|
)
|
(77
|
)
|
||||||||||
|
Other
|
(256
|
)
|
(256
|
)
|
||||||||||
|
Taxes
|
|
(2,345
|
)
|
(2,345
|
)
|
|||||||||
|
Income from continuing operations
|
3,336
|
-
|
3,336
|
|||||||||||
|
Discontinued operations, net of tax
|
(18
|
)
|
18
|
Discontinued operations, net
|
-
|
|||||||||
|
Net Income
|
$
|
3,318
|
$
|
18
|
$
|
3,336
|
||||||||
|
Basic Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
4.10
|
||||||||||||
|
Discontinued operations, net
|
(0.02
|
)
|
||||||||||||
|
Net Income
|
$
|
4.08
|
$
|
4.10
|
||||||||||
|
Diluted Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
4.09
|
||||||||||||
|
Discontinued operations, net
|
(0.02
|
)
|
||||||||||||
|
Net Income
|
$
|
4.07
|
$
|
4.09
|
||||||||||
4
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
2009 First Nine Months
|
||||||||||||||
|
Net Income (Loss)
|
||||||||||||||
|
($ millions)
|
||||||||||||||
|
Reported
|
Core
|
|||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
||||||||||||
|
Oil & Gas
|
$
|
3,092
|
$
|
8
|
Rig contract terminations
|
$
|
3,100
|
|||||||
|
Chemical
|
356
|
356
|
||||||||||||
|
Midstream, marketing and other
|
154
|
154
|
||||||||||||
|
Corporate
|
||||||||||||||
|
Interest expense, net
|
(76
|
)
|
(76
|
)
|
||||||||||
|
Other
|
(297
|
)
|
40
|
Severance
|
(242
|
)
|
||||||||
|
15
|
Railcar leases
|
|||||||||||||
|
Taxes
|
(1,245
|
)
|
(22
|
)
|
Tax effect of adjustments
|
(1,267
|
)
|
|||||||
|
Income from continuing operations
|
1,984
|
41
|
2,025
|
|||||||||||
|
Discontinued operations, net of tax
|
(7
|
)
|
7
|
Discontinued operations, net
|
-
|
|||||||||
|
Net Income
|
$
|
1,977
|
$
|
48
|
$
|
2,025
|
||||||||
|
Basic Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
2.44
|
||||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
||||||||||||
|
Net Income
|
$
|
2.43
|
$
|
2.49
|
||||||||||
|
Diluted Earnings Per Common Share
|
||||||||||||||
|
Income from continuing operations
|
$
|
2.44
|
||||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
||||||||||||
|
Net Income
|
$
|
2.43
|
$
|
2.48
|
||||||||||
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)
|
Third Quarter
|
Nine Months
|
|||||||||
|
2010
|
2009
|
2010
|
2009
|
||||||||
|
Foreign Exchange Gains & (Losses) *
|
2
|
(3
|
)
|
1
|
28
|
||||||
|
*Amounts shown after-tax
|
|||||||||||
6
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||||
|
Worldwide Effective Tax Rate
|
|||||||||||||||
|
QUARTERLY
|
YEAR-TO-DATE
|
||||||||||||||
|
2010
|
2010
|
2009
|
2010
|
2009
|
|||||||||||
|
REPORTED INCOME
|
QTR 3
|
QTR 2
|
QTR 3
|
9 Months
|
9 Months
|
||||||||||
|
Oil & Gas
|
1,745
|
1,853
|
1,464
|
5,417
|
3,092
|
||||||||||
|
Chemicals
|
189
|
108
|
72
|
327
|
356
|
||||||||||
|
Midstream, marketing and other
|
163
|
13
|
77
|
270
|
154
|
||||||||||
|
Corporate & other
|
(85
|
)
|
(105
|
)
|
(135
|
)
|
(333
|
)
|
(373
|
)
|
|||||
|
Pre-tax income
|
2,012
|
1,869
|
1,478
|
5,681
|
3,229
|
||||||||||
|
Income tax expense
|
|||||||||||||||
|
Federal and state
|
322
|
329
|
189
|
958
|
349
|
||||||||||
|
Foreign
|
494
|
471
|
360
|
1,387
|
896
|
||||||||||
|
Total
|
816
|
800
|
549
|
2,345
|
1,245
|
||||||||||
|
Income from continuing operations
|
1,196
|
1,069
|
929
|
3,336
|
1,984
|
||||||||||
|
Worldwide effective tax rate
|
41%
|
43%
|
37%
|
41%
|
39%
|
||||||||||
|
2010
|
2010
|
2009
|
2010
|
2009
|
|||||||||||
|
CORE RESULTS
|
QTR 3
|
QTR 2
|
QTR 3
|
9 Months
|
9 Months
|
||||||||||
|
Oil & Gas
|
1,745
|
1,853
|
1,464
|
5,417
|
3,100
|
||||||||||
|
Chemicals
|
189
|
108
|
72
|
327
|
356
|
||||||||||
|
Midstream, marketing and other
|
163
|
13
|
77
|
270
|
154
|
||||||||||
|
Corporate & other
|
(85
|
)
|
(105
|
)
|
(135
|
)
|
(333
|
)
|
(318
|
)
|
|||||
|
Pre-tax income
|
2,012
|
1,869
|
1,478
|
5,681
|
3,292
|
||||||||||
|
Income tax expense
|
|||||||||||||||
|
Federal and state
|
322
|
329
|
189
|
958
|
371
|
||||||||||
|
Foreign
|
494
|
471
|
360
|
1,387
|
896
|
||||||||||
|
Total
|
816
|
800
|
549
|
2,345
|
1,267
|
||||||||||
|
Core results
|
1,196
|
1,069
|
929
|
3,336
|
2,025
|
||||||||||
|
Worldwide effective tax rate
|
41%
|
43%
|
37%
|
41%
|
38%
|
||||||||||
7
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2010 Third Quarter Net Income (Loss)
|
||||||||||||
|
Reported Income Comparison
|
||||||||||||
|
Third
|
Second
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2010
|
2010
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
1,745
|
$
|
1,853
|
$
|
(108
|
)
|
|||||
|
Chemical
|
189
|
108
|
81
|
|||||||||
|
Midstream, marketing and other
|
163
|
13
|
150
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(19
|
)
|
(22
|
)
|
3
|
|||||||
|
Other
|
(66
|
)
|
(83
|
)
|
17
|
|||||||
|
Taxes
|
(816
|
)
|
(800
|
)
|
(16
|
)
|
||||||
|
Income from continuing operations
|
1,196
|
1,069
|
127
|
|||||||||
|
Discontinued operations, net
|
(5
|
)
|
(6
|
)
|
1
|
|||||||
|
Net Income
|
$
|
1,191
|
$
|
1,063
|
$
|
128
|
||||||
|
Earnings Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.46
|
$
|
1.31
|
$
|
0.15
|
||||||
|
Diluted
|
$
|
1.46
|
$
|
1.31
|
$
|
0.15
|
||||||
|
Worldwide Effective Tax Rate
|
41%
|
43%
|
2%
|
|||||||||
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2010 Third Quarter Net Income (Loss)
|
||||||||||||
|
Core Results Comparison
|
||||||||||||
|
Third
|
Second
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2010
|
2010
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
1,745
|
$
|
1,853
|
$
|
(108
|
)
|
|||||
|
Chemical
|
189
|
108
|
81
|
|||||||||
|
Midstream, marketing and other
|
163
|
13
|
150
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(19
|
)
|
(22
|
)
|
3
|
|||||||
|
Other
|
(66
|
)
|
(83
|
)
|
17
|
|||||||
|
Taxes
|
(816
|
)
|
(800
|
)
|
(16
|
)
|
||||||
|
Core Results
|
$
|
1,196
|
$
|
1,069
|
$
|
127
|
||||||
|
Core Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.47
|
$
|
1.31
|
$
|
0.16
|
||||||
|
Diluted
|
$
|
1.47
|
$
|
1.31
|
$
|
0.16
|
||||||
|
Worldwide Effective Tax Rate
|
41%
|
43%
|
2%
|
|||||||||
8
Investor Relations Supplemental Schedules
9
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2010 Third Quarter Net Income (Loss)
|
||||||||||||
|
Reported Income Comparison
|
||||||||||||
|
Third
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2010
|
2009
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
1,745
|
$
|
1,464
|
$
|
281
|
||||||
|
Chemical
|
189
|
72
|
117
|
|||||||||
|
Midstream, marketing and other
|
163
|
77
|
86
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(19
|
)
|
(33
|
)
|
14
|
|||||||
|
Other
|
(66
|
)
|
(102
|
)
|
36
|
|||||||
|
Taxes
|
(816
|
)
|
(549
|
)
|
(267
|
)
|
||||||
|
Income from continuing operations
|
1,196
|
929
|
267
|
|||||||||
|
Discontinued operations, net
|
(5
|
)
|
(2
|
)
|
(3
|
)
|
||||||
|
Net Income
|
$
|
1,191
|
$
|
927
|
$
|
264
|
||||||
|
Earnings Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.46
|
$
|
1.14
|
$
|
0.32
|
||||||
|
Diluted
|
$
|
1.46
|
$
|
1.14
|
$
|
0.32
|
||||||
|
Worldwide Effective Tax Rate
|
41%
|
37%
|
-4%
|
|||||||||
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2010 Third Quarter Net Income (Loss)
|
||||||||||||
|
Core Results Comparison
|
||||||||||||
|
Third
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2010
|
2009
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
1,745
|
$
|
1,464
|
$
|
281
|
||||||
|
Chemical
|
189
|
72
|
117
|
|||||||||
|
Midstream, marketing and other
|
163
|
77
|
86
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(19
|
)
|
(33
|
)
|
14
|
|||||||
|
Other
|
(66
|
)
|
(102
|
)
|
36
|
|||||||
|
Taxes
|
(816
|
)
|
(549
|
)
|
(267
|
)
|
||||||
|
Core Results
|
$
|
1,196
|
$
|
929
|
$
|
267
|
||||||
|
Core Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.47
|
$
|
1.14
|
$
|
0.33
|
||||||
|
Diluted
|
$
|
1.47
|
$
|
1.14
|
$
|
0.33
|
||||||
|
Worldwide Effective Tax Rate
|
41%
|
37%
|
-4%
|
|||||||||
10
Investor Relations Supplemental Schedules
11
Investor Relations Supplemental Schedules
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||
|
Third Quarter
|
Nine Months
|
|||||||||||||
|
2010
|
2009
|
2010
|
2009
|
|||||||||||
|
NET SALES VOLUMES PER DAY:
|
||||||||||||||
|
United States
|
||||||||||||||
|
Crude Oil and Liquids (MBBL)
|
||||||||||||||
|
California
|
92
|
92
|
92
|
93
|
||||||||||
|
Permian
|
160
|
162
|
160
|
164
|
||||||||||
|
Midcontinent Gas
|
18
|
15
|
18
|
14
|
||||||||||
|
Total
|
270
|
269
|
270
|
271
|
||||||||||
|
Natural Gas (MMCF)
|
||||||||||||||
|
California
|
276
|
269
|
288
|
240
|
||||||||||
|
Permian
|
122
|
133
|
126
|
127
|
||||||||||
|
Midcontinent Gas
|
258
|
251
|
257
|
265
|
||||||||||
|
Total
|
656
|
653
|
671
|
632
|
||||||||||
|
Latin America
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
Argentina
|
30
|
30
|
34
|
37
|
||||||||||
|
Colombia
|
36
|
39
|
32
|
40
|
||||||||||
|
Total
|
66
|
69
|
66
|
77
|
||||||||||
|
Natural Gas (MMCF)
|
||||||||||||||
|
Argentina
|
35
|
27
|
33
|
30
|
||||||||||
|
Bolivia
|
19
|
18
|
15
|
17
|
||||||||||
|
Total
|
54
|
45
|
48
|
47
|
||||||||||
|
Middle East / North Africa
|
||||||||||||||
|
Crude Oil and Liquids (MBBL)
|
||||||||||||||
|
Bahrain
|
3
|
-
|
3
|
-
|
||||||||||
|
Dolphin
|
25
|
26
|
24
|
26
|
||||||||||
|
Libya
|
12
|
9
|
13
|
10
|
||||||||||
|
Oman
|
66
|
50
|
60
|
48
|
||||||||||
|
Qatar
|
79
|
77
|
77
|
78
|
||||||||||
|
Yemen
|
30
|
34
|
32
|
36
|
||||||||||
|
Total
|
215
|
196
|
209
|
198
|
||||||||||
|
Natural Gas (MMCF)
|
||||||||||||||
|
Bahrain
|
181
|
-
|
169
|
-
|
||||||||||
|
Dolphin
|
250
|
258
|
238
|
258
|
||||||||||
|
Oman
|
47
|
48
|
49
|
50
|
||||||||||
|
Total
|
478
|
306
|
456
|
308
|
||||||||||
|
Barrels of Oil Equivalent (MBOE)
|
749
|
702
|
741
|
711
|
||||||||||
12
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||
|
Third Quarter
|
Nine Months
|
|||||||||||||
|
2010
|
2009
|
2010
|
2009
|
|||||||||||
|
NET PRODUCTION PER DAY:
|
||||||||||||||
|
United States
|
||||||||||||||
|
Crude Oil and Liquids (MBBL)
|
270
|
269
|
270
|
271
|
||||||||||
|
Natural Gas (MMCF)
|
656
|
653
|
671
|
632
|
||||||||||
|
Latin America
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
Argentina
|
39
|
31
|
37
|
36
|
||||||||||
|
Colombia
|
33
|
38
|
33
|
40
|
||||||||||
|
Total
|
72
|
69
|
70
|
76
|
||||||||||
|
Natural Gas (MMCF)
|
54
|
45
|
48
|
47
|
||||||||||
|
Middle East / North Africa
|
||||||||||||||
|
Crude Oil and Liquids (MBBL)
|
||||||||||||||
|
Bahrain
|
3
|
-
|
3
|
-
|
||||||||||
|
Dolphin
|
25
|
26
|
24
|
26
|
||||||||||
|
Libya
|
12
|
10
|
14
|
11
|
||||||||||
|
Oman
|
63
|
51
|
60
|
48
|
||||||||||
|
Qatar
|
78
|
79
|
77
|
79
|
||||||||||
|
Yemen
|
30
|
34
|
32
|
36
|
||||||||||
|
Total
|
211
|
200
|
210
|
200
|
||||||||||
|
Natural Gas (MMCF)
|
478
|
306
|
456
|
308
|
||||||||||
|
Barrels of Oil Equivalent (MBOE)
|
751
|
705
|
746
|
711
|
||||||||||
13
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
|||||||||||||||||
|
Third Quarter
|
Nine Months
|
||||||||||||||||
|
2010
|
2009
|
2010
|
2009
|
||||||||||||||
|
OIL & GAS:
|
|||||||||||||||||
|
PRICES
|
|||||||||||||||||
|
United States
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
71.14
|
63.37
|
71.96
|
52.04
|
|||||||||||||
|
Natural gas ($/MCF)
|
4.20
|
3.04
|
4.67
|
3.15
|
|||||||||||||
|
Latin America
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
61.01
|
55.40
|
59.91
|
46.51
|
|||||||||||||
|
Natural Gas ($/MCF)
|
3.83
|
2.87
|
3.71
|
3.04
|
|||||||||||||
|
Middle East / North Africa
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
73.66
|
66.04
|
75.39
|
53.55
|
|||||||||||||
|
Total Worldwide
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
70.71
|
62.79
|
71.57
|
51.44
|
|||||||||||||
|
Natural Gas ($/MCF)
|
2.82
|
2.53
|
3.13
|
2.59
|
|||||||||||||
|
Third Quarter
|
Nine Months
|
||||||||||||||||
|
2010
|
2009
|
2010
|
2009
|
||||||||||||||
|
Exploration Expense
|
|||||||||||||||||
|
United States
|
$
|
63
|
$
|
45
|
$
|
135
|
$
|
107
|
|||||||||
|
Latin America
|
-
|
4
|
5
|
14
|
|||||||||||||
|
Middle East / North Africa
|
20
|
7
|
72
|
47
|
|||||||||||||
|
TOTAL REPORTED
|
$
|
83
|
$
|
56
|
$
|
212
|
$
|
168
|
|||||||||
14
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||||
|
Third Quarter
|
Nine Months
|
|||||||||||||||
|
Capital Expenditures ($MM)
|
2010
|
2009
|
2010
|
2009
|
||||||||||||
|
Oil & Gas
|
||||||||||||||||
|
California
|
$
|
215
|
$
|
118
|
$
|
544
|
$
|
402
|
||||||||
|
Permian
|
136
|
57
|
290
|
328
|
||||||||||||
|
Midcontinent Gas
|
52
|
9
|
138
|
77
|
||||||||||||
|
Latin America
|
120
|
93
|
335
|
401
|
||||||||||||
|
Middle East / North Africa
|
340
|
234
|
855
|
768
|
||||||||||||
|
Exploration
|
46
|
18
|
138
|
95
|
||||||||||||
|
Chemicals
|
50
|
43
|
129
|
114
|
||||||||||||
|
Midstream, marketing and other
|
128
|
165
|
357
|
430
|
||||||||||||
|
Corporate
|
13
|
9
|
30
|
34
|
||||||||||||
|
TOTAL
|
$
|
1,100
|
$
|
746
|
$
|
2,816
|
$
|
2,649
|
||||||||
|
Depreciation, Depletion &
|
Third Quarter
|
Nine Months
|
||||||||||||||
|
Amortization of Assets ($MM)
|
2010
|
2009
|
2010
|
2009
|
||||||||||||
|
Oil & Gas
|
||||||||||||||||
|
Domestic
|
$
|
346
|
$
|
317
|
$
|
1,046
|
$
|
932
|
||||||||
|
Latin America
|
99
|
140
|
346
|
463
|
||||||||||||
|
Middle East / North Africa
|
294
|
199
|
853
|
586
|
||||||||||||
|
Chemicals
|
81
|
78
|
242
|
222
|
||||||||||||
|
Midstream, marketing and other
|
32
|
30
|
105
|
79
|
||||||||||||
|
Corporate
|
6
|
5
|
16
|
15
|
||||||||||||
|
TOTAL
|
$
|
858
|
$
|
769
|
$
|
2,608
|
$
|
2,297
|
||||||||
15
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
CORPORATE
|
||||||||||||
|
($ millions)
|
||||||||||||
|
30-Sep-10
|
31-Dec-09
|
|||||||||||
|
CAPITALIZATION
|
||||||||||||
|
Long-Term Debt (including current maturities)
|
$
|
2,512
|
$
|
2,796
|
||||||||
|
Others
|
-
|
25
|
||||||||||
|
Total Debt
|
$
|
2,512
|
$
|
2,821
|
||||||||
|
EQUITY
|
$
|
31,844
|
$
|
29,159
|
||||||||
|
Total Debt To Total Capitalization
|
7%
|
9%
|
||||||||||
16