Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - OCCIDENTAL PETROLEUM CORP /DE/ | form8k-20130131.htm |
| EX-99.4 - EXHIBIT 99.4 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_4-20130131.htm |
| EX-99.2 - EXHIBIT 99.2 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_2-20130131.htm |
| EX-99.1 - EXHIBIT 99.1 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_1-20130131.htm |
| EX-99.5 - EXHIBIT 99.5 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_5-20130131.htm |
EXHIBIT 99.3
Investor Relations Supplemental Schedules
|
Investor Relations Supplemental Schedules
|
|||
|
Summary
|
|||
|
($ Millions, except per share amounts)
|
|||
|
4Q 2012
|
4Q 2011
|
||
|
Core Results
|
$1,479
|
$1,641
|
|
|
EPS – Diluted
|
$1.83
|
$2.02
|
|
|
Reported Net Income
|
$336
|
$1,634
|
|
|
EPS - Diluted
|
$0.42
|
$2.01
|
|
|
Total Worldwide Sales Volumes (mboe/day)
|
784
|
749
|
|
|
Total Worldwide Production Volumes (mboe/day)
|
779
|
748
|
|
|
Total Worldwide Crude Oil Realizations ($/BBL)
|
$96.19
|
$99.62
|
|
|
Total Worldwide NGL Realizations ($/BBL)
|
$45.08
|
$55.25
|
|
|
Domestic Natural Gas Realizations ($/MCF)
|
$3.09
|
$3.59
|
|
|
Wtd. Average Basic Shares O/S (mm)
|
807.1
|
810.7
|
|
|
Wtd. Average Diluted Shares O/S (mm)
|
807.7
|
811.5
|
|
|
YTD 2012
|
YTD 2011
|
||
|
Core Results
|
$5,750
|
$6,828
|
|
|
EPS - Diluted
|
$7.09
|
$8.39
|
|
|
Reported Net Income
|
$4,598
|
$6,771
|
|
|
EPS - Diluted
|
$5.67
|
$8.32
|
|
|
Total Worldwide Sales Volumes (mboe/day)
|
764
|
731
|
|
|
Total Worldwide Production Volumes (mboe/day)
|
766
|
733
|
|
|
Total Worldwide Crude Oil Realizations ($/BBL)
|
$99.87
|
$97.92
|
|
|
Total Worldwide NGL Realizations ($/BBL)
|
$45.18
|
$55.53
|
|
|
Domestic Natural Gas Realizations ($/MCF)
|
$2.62
|
$4.06
|
|
|
Wtd. Average Basic Shares O/S (mm)
|
809.3
|
812.1
|
|
|
Wtd. Average Diluted Shares O/S (mm)
|
810.0
|
812.9
|
|
|
Shares Outstanding (mm)
|
805.5
|
811.0
|
|
|
Cash Flow from Operations
|
$ 11,300
|
$ 12,300
|
|
1
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2012 Fourth Quarter
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
522
|
$
|
1,731
|
Asset impairments and related items
|
$
|
2,253
|
||||||
|
Chemical
|
180
|
180
|
|||||||||||
|
Midstream, marketing and other
|
75
|
75
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(30
|
)
|
(30
|
)
|
|||||||||
|
Other
|
(134
|
)
|
20
|
Litigation reserves
|
(114
|
)
|
|||||||
|
Taxes
|
(249
|
)
|
(636
|
)
|
Tax effect of adjustments
|
(885
|
)
|
||||||
|
Income from continuing operations
|
364
|
1,115
|
1,479
|
||||||||||
|
Discontinued operations, net of tax
|
(28
|
)
|
28
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
336
|
$
|
1,143
|
$
|
1,479
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
0.45
|
|||||||||||
|
Discontinued operations, net
|
(0.03
|
)
|
|||||||||||
|
Net Income
|
$
|
0.42
|
$
|
1.83
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
0.45
|
|||||||||||
|
Discontinued operations, net
|
(0.03
|
)
|
|||||||||||
|
Net Income
|
$
|
0.42
|
$
|
1.83
|
|||||||||
2
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2011 Fourth Quarter
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
2,537
|
$
|
2,537
|
|||||||||
|
Chemical
|
144
|
144
|
|||||||||||
|
Midstream, marketing and other
|
70
|
70
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(25
|
)
|
(25
|
)
|
|||||||||
|
Other
|
(136
|
)
|
(136
|
)
|
|||||||||
|
Taxes
|
(949
|
)
|
(949
|
)
|
|||||||||
|
Income from continuing operations
|
1,641
|
-
|
1,641
|
||||||||||
|
Discontinued operations, net of tax
|
(7
|
)
|
7
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
1,634
|
$
|
7
|
$
|
1,641
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
2.02
|
|||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
|||||||||||
|
Net Income
|
$
|
2.01
|
$
|
2.02
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
2.02
|
|||||||||||
|
Discontinued operations, net
|
(0.01)
|
||||||||||||
|
Net Income
|
$
|
2.01
|
$
|
2.02
|
|||||||||
3
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2012 Twelve Months
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
7,095
|
$
|
1,731
|
Asset impairments and related items
|
$
|
8,826
|
||||||
|
Chemical
|
720
|
720
|
|||||||||||
|
Midstream, marketing and other
|
439
|
439
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(117
|
)
|
(117
|
)
|
|||||||||
|
Other
|
(384
|
)
|
20
|
Litigation reserves
|
(364
|
)
|
|||||||
|
Taxes
|
(3,118
|
)
|
(636
|
)
|
Tax effect of adjustments
|
(3,754
|
)
|
||||||
|
Income from continuing operations
|
4,635
|
1,115
|
5,750
|
||||||||||
|
Discontinued operations, net of tax
|
(37
|
)
|
37
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
4,598
|
$
|
1,152
|
$
|
5,750
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
5.72
|
|||||||||||
|
Discontinued operations, net
|
(0.05
|
)
|
|||||||||||
|
Net Income
|
$
|
5.67
|
$
|
7.09
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
5.71
|
|||||||||||
|
Discontinued operations, net
|
(0.04
|
)
|
|||||||||||
|
Net Income
|
$
|
5.67
|
$
|
7.09
|
|||||||||
4
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2011 Twelve Months
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
10,241
|
$
|
35
|
Libya exploration write-off
|
$
|
10,283
|
||||||
|
(22
|
)
|
Gain on sale of Colombia pipeline interest
|
|||||||||||
|
29
|
Foreign tax
|
||||||||||||
|
Chemical
|
861
|
861
|
|||||||||||
|
Midstream, marketing and other
|
448
|
448
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(284
|
)
|
163
|
Premium on debt extinguishments
|
(121
|
)
|
|||||||
|
Other
|
(425
|
)
|
(425
|
)
|
|||||||||
|
Taxes
|
(4,201
|
)
|
(50
|
)
|
Tax effect of adjustments
|
(4,218
|
)
|
||||||
|
33
|
State income tax charge
|
||||||||||||
|
Income from continuing operations
|
6,640
|
188
|
6,828
|
||||||||||
|
Discontinued operations, net of tax
|
131
|
(131
|
)
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
6,771
|
$
|
57
|
$
|
6,828
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
8.16
|
|||||||||||
|
Discontinued operations, net
|
0.16
|
||||||||||||
|
Net Income
|
$
|
8.32
|
$
|
8.39
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
8.16
|
|||||||||||
|
Discontinued operations, net
|
0.16
|
||||||||||||
|
Net Income
|
$
|
8.32
|
$
|
8.39
|
|||||||||
5
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
Worldwide Effective Tax Rate
|
||||||||||||||
|
QUARTERLY
|
YEAR-TO-DATE
|
|||||||||||||
|
2012
|
2012
|
2011
|
2012
|
2011
|
||||||||||
|
REPORTED INCOME
|
QTR 4
|
QTR 3
|
QTR 4
|
12 Months
|
12 Months
|
|||||||||
|
Oil & Gas
|
522
|
2,026
|
2,537
|
7,095
|
10,241
|
|||||||||
|
Chemical
|
180
|
162
|
144
|
720
|
861
|
|||||||||
|
Midstream, marketing and other
|
75
|
156
|
70
|
439
|
448
|
|||||||||
|
Corporate & other
|
(164
|
)
|
(110
|
)
|
(161
|
)
|
(501
|
)
|
(709
|
)
|
||||
|
Pre-tax income
|
613
|
2,234
|
2,590
|
7,753
|
10,841
|
|||||||||
|
Income tax expense
|
||||||||||||||
|
Federal and state
|
(293
|
)
|
286
|
435
|
694
|
1,795
|
||||||||
|
Foreign
|
542
|
569
|
514
|
2,424
|
2,406
|
|||||||||
|
Total
|
249
|
855
|
949
|
3,118
|
4,201
|
|||||||||
|
Income from continuing operations
|
364
|
1,379
|
1,641
|
4,635
|
6,640
|
|||||||||
|
Worldwide effective tax rate
|
41%
|
38%
|
37%
|
40%
|
39%
|
|||||||||
|
2012
|
2012
|
2011
|
2012
|
2011
|
||||||||||
|
CORE RESULTS
|
QTR 4
|
QTR 3
|
QTR 4
|
12 Months
|
12 Months
|
|||||||||
|
Oil & Gas
|
2,253
|
2,026
|
2,537
|
8,826
|
10,283
|
|||||||||
|
Chemical
|
180
|
162
|
144
|
720
|
861
|
|||||||||
|
Midstream, marketing and other
|
75
|
156
|
70
|
439
|
448
|
|||||||||
|
Corporate & other
|
(144
|
)
|
(110
|
)
|
(161
|
)
|
(481
|
)
|
(546
|
)
|
||||
|
Pre-tax income
|
2,364
|
2,234
|
2,590
|
9,504
|
11,046
|
|||||||||
|
Income tax expense
|
||||||||||||||
|
Federal and state
|
343
|
286
|
435
|
1,330
|
1,825
|
|||||||||
|
Foreign
|
542
|
569
|
514
|
2,424
|
2,393
|
|||||||||
|
Total
|
885
|
855
|
949
|
3,754
|
4,218
|
|||||||||
|
Core results
|
1,479
|
1,379
|
1,641
|
5,750
|
6,828
|
|||||||||
|
Worldwide effective tax rate
|
37%
|
38%
|
37%
|
39%
|
38%
|
|||||||||
6
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Reported Income Comparison
|
||||||||||||
|
Fourth
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2012
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
522
|
$
|
2,026
|
$
|
(1,504
|
)
|
|||||
|
Chemical
|
180
|
162
|
18
|
|||||||||
|
Midstream, marketing and other
|
75
|
156
|
(81
|
)
|
||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(30
|
)
|
(34
|
)
|
4
|
|||||||
|
Other
|
(134
|
)
|
(76
|
)
|
(58
|
)
|
||||||
|
Taxes
|
(249
|
)
|
(855
|
)
|
606
|
|||||||
|
Income from continuing operations
|
364
|
1,379
|
(1,015
|
)
|
||||||||
|
Discontinued operations, net
|
(28
|
)
|
(4
|
)
|
(24
|
)
|
||||||
|
Net Income
|
$
|
336
|
$
|
1,375
|
$
|
(1,039
|
)
|
|||||
|
Earnings Per Common Share
|
||||||||||||
|
Basic
|
$
|
0.42
|
$
|
1.69
|
$
|
(1.27
|
)
|
|||||
|
Diluted
|
$
|
0.42
|
$
|
1.69
|
$
|
(1.27
|
)
|
|||||
|
Worldwide Effective Tax Rate
|
41%
|
38%
|
-3%
|
|||||||||
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Core Results Comparison
|
||||||||||||
|
Fourth
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2012
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
2,253
|
$
|
2,026
|
$
|
227
|
||||||
|
Chemical
|
180
|
162
|
18
|
|||||||||
|
Midstream, marketing and other
|
75
|
156
|
(81
|
)
|
||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(30
|
)
|
(34
|
)
|
4
|
|||||||
|
Other
|
(114
|
)
|
(76
|
)
|
(38
|
)
|
||||||
|
Taxes
|
(885
|
)
|
(855
|
)
|
(30
|
)
|
||||||
|
Core Results
|
$
|
1,479
|
$
|
1,379
|
$
|
100
|
||||||
|
Core Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.83
|
$
|
1.70
|
$
|
0.13
|
||||||
|
Diluted
|
$
|
1.83
|
$
|
1.70
|
$
|
0.13
|
||||||
|
Worldwide Effective Tax Rate
|
37%
|
38%
|
1%
|
|||||||||
7
Investor Relations Supplemental Schedules
8
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Reported Income Comparison
|
||||||||||||
|
Fourth
|
Fourth
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2011
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
522
|
$
|
2,537
|
$
|
(2,015
|
)
|
|||||
|
Chemical
|
180
|
144
|
36
|
|||||||||
|
Midstream, marketing and other
|
75
|
70
|
5
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(30
|
)
|
(25
|
)
|
(5
|
)
|
||||||
|
Other
|
(134
|
)
|
(136
|
)
|
2
|
|||||||
|
Taxes
|
(249
|
)
|
(949
|
)
|
700
|
|||||||
|
Income from continuing operations
|
364
|
1,641
|
(1,277
|
)
|
||||||||
|
Discontinued operations, net
|
(28
|
)
|
(7
|
)
|
(21
|
)
|
||||||
|
Net Income
|
$
|
336
|
$
|
1,634
|
$
|
(1,298
|
)
|
|||||
|
Earnings Per Common Share
|
||||||||||||
|
Basic
|
$
|
0.42
|
$
|
2.01
|
$
|
(1.59
|
)
|
|||||
|
Diluted
|
$
|
0.42
|
$
|
2.01
|
$
|
(1.59
|
)
|
|||||
|
Worldwide Effective Tax Rate
|
41%
|
37%
|
-4%
|
|||||||||
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Fourth Quarter Net Income (Loss)
|
||||||||||||
|
Core Results Comparison
|
||||||||||||
|
Fourth
|
Fourth
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2011
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
2,253
|
$
|
2,537
|
$
|
(284
|
)
|
|||||
|
Chemical
|
180
|
144
|
36
|
|||||||||
|
Midstream, marketing and other
|
75
|
70
|
5
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(30
|
)
|
(25
|
)
|
(5
|
)
|
||||||
|
Other
|
(114
|
)
|
(136
|
)
|
22
|
|||||||
|
Taxes
|
(885
|
)
|
(949
|
)
|
64
|
|||||||
|
Core Results
|
$
|
1,479
|
$
|
1,641
|
$
|
(162
|
)
|
|||||
|
Core Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.83
|
$
|
2.02
|
$
|
(0.19
|
)
|
|||||
|
Diluted
|
$
|
1.83
|
$
|
2.02
|
$
|
(0.19
|
)
|
|||||
|
Worldwide Effective Tax Rate
|
37%
|
37%
|
0%
|
|||||||||
9
Investor Relations Supplemental Schedules
10
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||
|
Fourth Quarter
|
Twelve Months
|
|||||||||||||
|
2012
|
2011
|
2012
|
2011
|
|||||||||||
|
NET PRODUCTION PER DAY:
|
||||||||||||||
|
United States
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
California
|
92
|
84
|
88
|
80
|
||||||||||
|
Permian
|
146
|
137
|
142
|
134
|
||||||||||
|
Midcontinent and other
|
27
|
19
|
25
|
16
|
||||||||||
|
Total
|
265
|
240
|
255
|
230
|
||||||||||
|
NGL (MBBL)
|
||||||||||||||
|
California
|
21
|
15
|
17
|
15
|
||||||||||
|
Permian
|
40
|
37
|
39
|
38
|
||||||||||
|
Midcontinent and other
|
16
|
18
|
17
|
16
|
||||||||||
|
Total
|
77
|
70
|
73
|
69
|
||||||||||
|
Natural Gas (MMCF)
|
||||||||||||||
|
California
|
242
|
276
|
256
|
260
|
||||||||||
|
Permian
|
162
|
167
|
155
|
157
|
||||||||||
|
Midcontinent and other
|
396
|
390
|
410
|
365
|
||||||||||
|
Total
|
800
|
833
|
821
|
782
|
||||||||||
|
Latin America
|
||||||||||||||
|
Crude Oil (MBBL)
|
Colombia
|
30
|
28
|
29
|
29
|
|||||||||
|
Natural Gas (MMCF)
|
Bolivia
|
12
|
14
|
13
|
15
|
|||||||||
|
Middle East / North Africa
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
Bahrain
|
4
|
5
|
4
|
4
|
||||||||||
|
Dolphin
|
7
|
9
|
8
|
9
|
||||||||||
|
Oman
|
74
|
67
|
67
|
67
|
||||||||||
|
Qatar
|
71
|
76
|
71
|
73
|
||||||||||
|
Other
|
36
|
33
|
36
|
38
|
||||||||||
|
Total
|
192
|
190
|
186
|
191
|
||||||||||
|
NGL (MBBL)
|
Dolphin
|
7
|
9
|
8
|
10
|
|||||||||
|
Other
|
-
|
-
|
1
|
-
|
||||||||||
|
Total
|
7
|
9
|
9
|
10
|
||||||||||
|
Natural Gas (MMCF)
|
||||||||||||||
|
Bahrain
|
242
|
180
|
232
|
173
|
||||||||||
|
Dolphin
|
138
|
181
|
163
|
199
|
||||||||||
|
Oman
|
56
|
58
|
57
|
54
|
||||||||||
|
Total
|
436
|
419
|
452
|
426
|
||||||||||
|
Barrels of Oil Equivalent (MBOE)
|
779
|
748
|
766
|
733
|
||||||||||
11
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||
|
Fourth Quarter
|
Twelve Months
|
|||||||||||||
|
2012
|
2011
|
2012
|
2011
|
|||||||||||
|
NET SALES VOLUMES PER DAY:
|
||||||||||||||
|
United States
|
||||||||||||||
|
Crude Oil (MBBL)
|
265
|
240
|
255
|
230
|
||||||||||
|
NGL (MBBL)
|
77
|
70
|
73
|
69
|
||||||||||
|
Natural Gas (MMCF)
|
800
|
833
|
819
|
782
|
||||||||||
|
Latin America
|
||||||||||||||
|
Crude Oil (MBBL)
|
30
|
32
|
28
|
29
|
||||||||||
|
Natural Gas (MMCF)
|
12
|
14
|
13
|
15
|
||||||||||
|
Middle East / North Africa
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
Bahrain
|
4
|
5
|
4
|
4
|
||||||||||
|
Dolphin
|
7
|
9
|
8
|
9
|
||||||||||
|
Oman
|
70
|
66
|
66
|
69
|
||||||||||
|
Qatar
|
75
|
75
|
71
|
73
|
||||||||||
|
Other
|
39
|
31
|
36
|
34
|
||||||||||
|
Total
|
195
|
186
|
185
|
189
|
||||||||||
|
NGL (MBBL)
|
Dolphin
|
7
|
10
|
8
|
10
|
|||||||||
|
Other
|
2
|
-
|
1
|
-
|
||||||||||
|
Total
|
9
|
10
|
9
|
10
|
||||||||||
|
Natural Gas (MMCF)
|
436
|
419
|
452
|
426
|
||||||||||
|
Barrels of Oil Equivalent (MBOE)
|
784
|
749
|
764
|
731
|
||||||||||
12
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
|||||||||||||||||
|
Fourth Quarter
|
Twelve Months
|
||||||||||||||||
|
2012
|
2011
|
2012
|
2011
|
||||||||||||||
|
OIL & GAS:
|
|||||||||||||||||
|
PRICES
|
|||||||||||||||||
|
United States
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
87.81
|
94.50
|
93.72
|
92.80
|
|||||||||||||
|
NGL ($/BBL)
|
44.54
|
58.85
|
46.07
|
59.10
|
|||||||||||||
|
Natural gas ($/MCF)
|
3.09
|
3.59
|
2.62
|
4.06
|
|||||||||||||
|
Latin America
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
97.95
|
100.66
|
98.35
|
97.16
|
|||||||||||||
|
Natural Gas ($/MCF)
|
11.56
|
11.63
|
11.85
|
10.11
|
|||||||||||||
|
Middle East / North Africa
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
107.50
|
106.20
|
108.76
|
104.34
|
|||||||||||||
|
NGL ($/BBL)
|
49.14
|
29.17
|
37.74
|
32.09
|
|||||||||||||
|
Total Worldwide
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
96.19
|
99.62
|
99.87
|
97.92
|
|||||||||||||
|
NGL ($/BBL)
|
45.08
|
55.25
|
45.18
|
55.53
|
|||||||||||||
|
Natural Gas ($/MCF)
|
2.35
|
2.76
|
2.06
|
3.01
|
|||||||||||||
|
Fourth Quarter
|
Twelve Months
|
||||||||||||||||
|
2012
|
2011
|
2012
|
2011
|
||||||||||||||
|
Exploration Expense
|
|||||||||||||||||
|
United States
|
|
$
|
46
|
$
|
71
|
$
|
232
|
$
|
204
|
||||||||
|
Latin America
|
1
|
-
|
2
|
1
|
|||||||||||||
|
Middle East / North Africa
|
35
|
2
|
111
|
53
|
|||||||||||||
|
TOTAL REPORTED
|
$
|
82
|
$
|
73
|
$
|
345
|
$
|
258
|
|||||||||
|
Less - non-core impairments
|
-
|
-
|
-
|
(35
|
)
|
||||||||||||
|
TOTAL CORE
|
$
|
82
|
$
|
73
|
$
|
345
|
$
|
223
|
|||||||||
13
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||||
|
Fourth Quarter
|
Twelve Months
|
|||||||||||||||
|
Capital Expenditures ($MM)
|
2012
|
2011
|
2012
|
2011
|
||||||||||||
|
Oil & Gas
|
||||||||||||||||
|
California
|
$
|
382
|
$
|
515
|
$
|
2,029
|
$
|
1,717
|
||||||||
|
Permian
|
424
|
385
|
1,920
|
1,146
|
||||||||||||
|
Midcontinent and other
|
204
|
433
|
1,324
|
1,158
|
||||||||||||
|
Latin America
|
124
|
79
|
309
|
218
|
||||||||||||
|
Middle East / North Africa
|
638
|
492
|
2,016
|
1,485
|
||||||||||||
|
Exploration
|
108
|
130
|
622
|
421
|
||||||||||||
|
Chemical
|
165
|
116
|
357
|
234
|
||||||||||||
|
Midstream, marketing and other
|
440
|
388
|
1,558
|
1,089
|
||||||||||||
|
Corporate
|
25
|
11
|
91
|
50
|
||||||||||||
|
TOTAL
|
$
|
2,510
|
$
|
2,549
|
$
|
10,226
|
$
|
7,518
|
||||||||
|
Depreciation, Depletion &
|
Fourth Quarter
|
Twelve Months
|
||||||||||||||
|
Amortization of Assets ($MM)
|
2012
|
2011
|
2012
|
2011
|
||||||||||||
|
Oil & Gas
|
||||||||||||||||
|
Domestic
|
$
|
628
|
$
|
489
|
$
|
2,412
|
$
|
1,754
|
||||||||
|
Latin America
|
31
|
23
|
117
|
90
|
||||||||||||
|
Middle East / North Africa
|
385
|
300
|
1,404
|
1,220
|
||||||||||||
|
Chemical
|
88
|
81
|
345
|
330
|
||||||||||||
|
Midstream, marketing and other
|
52
|
39
|
206
|
173
|
||||||||||||
|
Corporate
|
7
|
6
|
27
|
24
|
||||||||||||
|
TOTAL
|
$
|
1,191
|
$
|
938
|
$
|
4,511
|
$
|
3,591
|
||||||||
14
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
CORPORATE
|
||||||||||||
|
($ millions)
|
||||||||||||
|
31-Dec-12
|
31-Dec-11
|
|||||||||||
|
CAPITALIZATION
|
||||||||||||
|
Long-Term Debt (including short-term borrowings)
|
$
|
7,623
|
$
|
5,871
|
||||||||
|
EQUITY
|
$
|
40,048
|
$
|
37,620
|
||||||||
|
Total Debt To Total Capitalization
|
16%
|
13%
|
||||||||||
15