Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_1-20121025.htm |
| EX-99.4 - EXHIBIT 99.4 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_4-20121025.htm |
| EX-99.2 - EXHIBIT 99.2 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_2-20121025.htm |
| 8-K - FORM 8-K - OCCIDENTAL PETROLEUM CORP /DE/ | form8k-20121025.htm |
| EX-99.5 - EXHIBIT 99.5 - OCCIDENTAL PETROLEUM CORP /DE/ | ex99_5-20121025.htm |
EXHIBIT 99.3
Investor Relations Supplemental Schedules
|
Investor Relations Supplemental Schedules
|
|||
|
Summary
|
|||
|
($ Millions, except per share amounts)
|
|||
|
3Q 2012
|
3Q 2011
|
||
|
Core Results
|
$1,379
|
$1,775
|
|
|
EPS - Diluted
|
$1.70
|
$2.18
|
|
|
Reported Net Income
|
$1,375
|
$1,771
|
|
|
EPS - Diluted
|
$1.69
|
$2.17
|
|
|
Total Worldwide Sales Volumes (mboe/day)
|
765
|
743
|
|
|
Total Worldwide Production Volumes (mboe/day)
|
766
|
739
|
|
|
Total Worldwide Crude Oil Realizations ($/BBL)
|
$96.62
|
$97.24
|
|
|
Total Worldwide NGL Realizations ($/BBL)
|
$40.65
|
$56.06
|
|
|
Domestic Natural Gas Realizations ($/MCF)
|
$2.48
|
$4.23
|
|
|
Wtd. Average Basic Shares O/S (mm)
|
809.7
|
812.5
|
|
|
Wtd. Average Diluted Shares O/S (mm)
|
810.4
|
813.2
|
|
|
YTD 2012
|
YTD 2011
|
||
|
Core Results
|
$4,271
|
$5,187
|
|
|
EPS - Diluted
|
$5.26
|
$6.37
|
|
|
Reported Net Income
|
$4,262
|
$5,137
|
|
|
EPS - Diluted
|
$5.25
|
$6.31
|
|
|
Total Worldwide Sales Volumes (mboe/day)
|
757
|
726
|
|
|
Total Worldwide Production Volumes (mboe/day)
|
762
|
728
|
|
|
Total Worldwide Crude Oil Realizations ($/BBL)
|
$101.20
|
$97.33
|
|
|
Total Worldwide NGL Realizations ($/BBL)
|
$45.21
|
$55.63
|
|
|
Domestic Natural Gas Realizations ($/MCF)
|
$2.47
|
$4.24
|
|
|
Wtd. Average Basic Shares O/S (mm)
|
810.1
|
812.6
|
|
|
Wtd. Average Diluted Shares O/S (mm)
|
810.8
|
813.3
|
|
|
Shares Outstanding (mm)
|
810.2
|
811.8
|
|
|
Cash Flow from Operations
|
$ 8,500
|
$ 8,600
|
|
1
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2012 Third Quarter
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
2,026
|
$
|
2,026
|
|||||||||
|
Chemical
|
162
|
162
|
|||||||||||
|
Midstream, marketing and other
|
156
|
156
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(34
|
)
|
(34
|
)
|
|||||||||
|
Other
|
(76
|
)
|
(76
|
)
|
|||||||||
|
Taxes
|
(855
|
)
|
(855
|
)
|
|||||||||
|
Income from continuing operations
|
1,379
|
-
|
1,379
|
||||||||||
|
Discontinued operations, net of tax
|
(4
|
)
|
4
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
1,375
|
$
|
4
|
$
|
1,379
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
1.70
|
|||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
|||||||||||
|
Net Income
|
$
|
1.69
|
$
|
1.70
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
1.70
|
|||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
|||||||||||
|
Net Income
|
$
|
1.69
|
$
|
1.70
|
|||||||||
2
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2011 Third Quarter
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
2,612
|
$
|
2,612
|
|||||||||
|
Chemical
|
245
|
245
|
|||||||||||
|
Midstream, marketing and other
|
77
|
77
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(23
|
)
|
(23
|
)
|
|||||||||
|
Other
|
(49
|
)
|
(49
|
)
|
|||||||||
|
Taxes
|
(1,087
|
)
|
(1,087
|
)
|
|||||||||
|
Income from continuing operations
|
1,775
|
-
|
1,775
|
||||||||||
|
Discontinued operations, net of tax
|
(4
|
)
|
4
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
1,771
|
$
|
4
|
$
|
1,775
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
2.18
|
|||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
|||||||||||
|
Net Income
|
$
|
2.17
|
$
|
2.18
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
2.18
|
|||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
|||||||||||
|
Net Income
|
$
|
2.17
|
$
|
2.18
|
|||||||||
3
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2012 Nine Months
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
6,573
|
$
|
6,573
|
|||||||||
|
Chemical
|
540
|
540
|
|||||||||||
|
Midstream, marketing and other
|
364
|
364
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(87
|
)
|
(87
|
)
|
|||||||||
|
Other
|
(250
|
)
|
(250
|
)
|
|||||||||
|
Taxes
|
(2,869
|
)
|
(2,869
|
)
|
|||||||||
|
Income from continuing operations
|
4,271
|
-
|
4,271
|
||||||||||
|
Discontinued operations, net of tax
|
(9
|
)
|
9
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
4,262
|
$
|
9
|
$
|
4,271
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
5.26
|
|||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
|||||||||||
|
Net Income
|
$
|
5.25
|
$
|
5.26
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
5.26
|
|||||||||||
|
Discontinued operations, net
|
(0.01
|
)
|
|||||||||||
|
Net Income
|
$
|
5.25
|
$
|
5.26
|
|||||||||
4
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||
|
2011 Nine Months
|
|||||||||||||
|
Net Income (Loss)
|
|||||||||||||
|
($ millions, except per share amounts)
|
|||||||||||||
|
Reported
|
Core
|
||||||||||||
|
Income
|
Significant Items Affecting Income
|
Results
|
|||||||||||
|
Oil & Gas
|
$
|
7,704
|
$
|
35
|
Libya exploration write-off
|
$
|
7,746
|
||||||
|
(22
|
)
|
Gain on sale of Colombia pipeline interest
|
|||||||||||
|
29
|
Foreign tax
|
||||||||||||
|
Chemical
|
717
|
717
|
|||||||||||
|
Midstream, marketing and other
|
378
|
378
|
|||||||||||
|
Corporate
|
|||||||||||||
|
Interest expense, net
|
(259
|
)
|
163
|
Premium on debt extinguishments
|
(96
|
)
|
|||||||
|
Other
|
(289
|
)
|
(289
|
)
|
|||||||||
|
Taxes
|
(3,252
|
)
|
(50
|
)
|
Tax effect of adjustments
|
(3,269
|
)
|
||||||
|
33
|
State income tax charge
|
||||||||||||
|
Income from continuing operations
|
4,999
|
188
|
5,187
|
||||||||||
|
Discontinued operations, net of tax
|
138
|
(138
|
)
|
Discontinued operations, net
|
-
|
||||||||
|
Net Income
|
$
|
5,137
|
$
|
50
|
$
|
5,187
|
|||||||
|
Basic Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
6.14
|
|||||||||||
|
Discontinued operations, net
|
0.17
|
||||||||||||
|
Net Income
|
$
|
6.31
|
$
|
6.37
|
|||||||||
|
Diluted Earnings Per Common Share
|
|||||||||||||
|
Income from continuing operations
|
$
|
6.14
|
|||||||||||
|
Discontinued operations, net
|
0.17
|
||||||||||||
|
Net Income
|
$
|
6.31
|
$
|
6.37
|
|||||||||
5
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
Worldwide Effective Tax Rate
|
||||||||||||||
|
QUARTERLY
|
YEAR-TO-DATE
|
|||||||||||||
|
2012
|
2012
|
2011
|
2012
|
2011
|
||||||||||
|
REPORTED INCOME
|
QTR 3
|
QTR 2
|
QTR 3
|
9 Months
|
9 Months
|
|||||||||
|
Oil & Gas
|
2,026
|
2,043
|
2,612
|
6,573
|
7,704
|
|||||||||
|
Chemical
|
162
|
194
|
245
|
540
|
717
|
|||||||||
|
Midstream, marketing and other
|
156
|
77
|
77
|
364
|
378
|
|||||||||
|
Corporate & other
|
(110
|
)
|
(107
|
)
|
(72
|
)
|
(337
|
)
|
(548
|
)
|
||||
|
Pre-tax income
|
2,234
|
2,207
|
2,862
|
7,140
|
8,251
|
|||||||||
|
Income tax expense
|
||||||||||||||
|
Federal and state
|
286
|
254
|
433
|
986
|
1,360
|
|||||||||
|
Foreign
|
569
|
621
|
654
|
1,883
|
1,892
|
|||||||||
|
Total
|
855
|
875
|
1,087
|
2,869
|
3,252
|
|||||||||
|
Income from continuing operations
|
1,379
|
1,332
|
1,775
|
4,271
|
4,999
|
|||||||||
|
Worldwide effective tax rate
|
38%
|
40%
|
38%
|
40%
|
39%
|
|||||||||
|
2012
|
2012
|
2011
|
2012
|
2011
|
||||||||||
|
CORE RESULTS
|
QTR 3
|
QTR 2
|
QTR 3
|
9 Months
|
9 Months
|
|||||||||
|
Oil & Gas
|
2,026
|
2,043
|
2,612
|
6,573
|
7,746
|
|||||||||
|
Chemical
|
162
|
194
|
245
|
540
|
717
|
|||||||||
|
Midstream, marketing and other
|
156
|
77
|
77
|
364
|
378
|
|||||||||
|
Corporate & other
|
(110
|
)
|
(107
|
)
|
(72
|
)
|
(337
|
)
|
(385
|
)
|
||||
|
Pre-tax income
|
2,234
|
2,207
|
2,862
|
7,140
|
8,456
|
|||||||||
|
Income tax expense
|
||||||||||||||
|
Federal and state
|
286
|
254
|
433
|
986
|
1,390
|
|||||||||
|
Foreign
|
569
|
621
|
654
|
1,883
|
1,879
|
|||||||||
|
Total
|
855
|
875
|
1,087
|
2,869
|
3,269
|
|||||||||
|
Core results
|
1,379
|
1,332
|
1,775
|
4,271
|
5,187
|
|||||||||
|
Worldwide effective tax rate
|
38%
|
40%
|
38%
|
40%
|
39%
|
|||||||||
6
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Third Quarter Net Income (Loss)
|
||||||||||||
|
Reported Income Comparison
|
||||||||||||
|
Third
|
Second
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2012
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
2,026
|
$
|
2,043
|
$
|
(17
|
)
|
|||||
|
Chemical
|
162
|
194
|
(32
|
)
|
||||||||
|
Midstream, marketing and other
|
156
|
77
|
79
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(34
|
)
|
(25
|
)
|
(9
|
)
|
||||||
|
Other
|
(76
|
)
|
(82
|
)
|
6
|
|||||||
|
Taxes
|
(855
|
)
|
(875
|
)
|
20
|
|||||||
|
Income from continuing operations
|
1,379
|
1,332
|
47
|
|||||||||
|
Discontinued operations, net
|
(4
|
)
|
(4
|
)
|
-
|
|||||||
|
Net Income
|
$
|
1,375
|
$
|
1,328
|
$
|
47
|
||||||
|
Earnings Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.69
|
$
|
1.64
|
$
|
0.05
|
||||||
|
Diluted
|
$
|
1.69
|
$
|
1.64
|
$
|
0.05
|
||||||
|
Worldwide Effective Tax Rate
|
38%
|
40%
|
2%
|
|||||||||
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Third Quarter Net Income (Loss)
|
||||||||||||
|
Core Results Comparison
|
||||||||||||
|
Third
|
Second
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2012
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
2,026
|
$
|
2,043
|
$
|
(17
|
)
|
|||||
|
Chemical
|
162
|
194
|
(32
|
)
|
||||||||
|
Midstream, marketing and other
|
156
|
77
|
79
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(34
|
)
|
(25
|
)
|
(9
|
)
|
||||||
|
Other
|
(76
|
)
|
(82
|
)
|
6
|
|||||||
|
Taxes
|
(855
|
)
|
(875
|
)
|
20
|
|||||||
|
Core Results
|
$
|
1,379
|
$
|
1,332
|
$
|
47
|
||||||
|
Core Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.70
|
$
|
1.64
|
$
|
0.06
|
||||||
|
Diluted
|
$
|
1.70
|
$
|
1.64
|
$
|
0.06
|
||||||
|
Worldwide Effective Tax Rate
|
38%
|
40%
|
2%
|
|||||||||
7
Investor Relations Supplemental Schedules
8
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Third Quarter Net Income (Loss)
|
||||||||||||
|
Reported Income Comparison
|
||||||||||||
|
Third
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2011
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
2,026
|
$
|
2,612
|
$
|
(586
|
)
|
|||||
|
Chemical
|
162
|
245
|
(83
|
)
|
||||||||
|
Midstream, marketing and other
|
156
|
77
|
79
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(34
|
)
|
(23
|
)
|
(11
|
)
|
||||||
|
Other
|
(76
|
)
|
(49
|
)
|
(27
|
)
|
||||||
|
Taxes
|
(855
|
)
|
(1,087
|
)
|
232
|
|||||||
|
Income from continuing operations
|
1,379
|
1,775
|
(396
|
)
|
||||||||
|
Discontinued operations, net
|
(4
|
)
|
(4
|
)
|
-
|
|||||||
|
Net Income
|
$
|
1,375
|
$
|
1,771
|
$
|
(396
|
)
|
|||||
|
Earnings Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.69
|
$
|
2.17
|
$
|
(0.48
|
)
|
|||||
|
Diluted
|
$
|
1.69
|
$
|
2.17
|
$
|
(0.48
|
)
|
|||||
|
Worldwide Effective Tax Rate
|
38%
|
38%
|
0%
|
|||||||||
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
2012 Third Quarter Net Income (Loss)
|
||||||||||||
|
Core Results Comparison
|
||||||||||||
|
Third
|
Third
|
|||||||||||
|
Quarter
|
Quarter
|
|||||||||||
|
2012
|
2011
|
B / (W)
|
||||||||||
|
Oil & Gas
|
$
|
2,026
|
$
|
2,612
|
$
|
(586
|
)
|
|||||
|
Chemical
|
162
|
245
|
(83
|
)
|
||||||||
|
Midstream, marketing and other
|
156
|
77
|
79
|
|||||||||
|
Corporate
|
||||||||||||
|
Interest expense, net
|
(34
|
)
|
(23
|
)
|
(11
|
)
|
||||||
|
Other
|
(76
|
)
|
(49
|
)
|
(27
|
)
|
||||||
|
Taxes
|
(855
|
)
|
(1,087
|
)
|
232
|
|||||||
|
Core Results
|
$
|
1,379
|
$
|
1,775
|
$
|
(396
|
)
|
|||||
|
Core Results Per Common Share
|
||||||||||||
|
Basic
|
$
|
1.70
|
$
|
2.18
|
$
|
(0.48
|
)
|
|||||
|
Diluted
|
$
|
1.70
|
$
|
2.18
|
$
|
(0.48
|
)
|
|||||
|
Worldwide Effective Tax Rate
|
38%
|
38%
|
0%
|
|||||||||
9
Investor Relations Supplemental Schedules
10
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||
|
Third Quarter
|
Nine Months
|
|||||||||||||
|
2012
|
2011
|
2012
|
2011
|
|||||||||||
|
NET PRODUCTION PER DAY:
|
||||||||||||||
|
United States
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
California
|
88
|
80
|
87
|
78
|
||||||||||
|
Permian
|
144
|
133
|
140
|
132
|
||||||||||
|
Midcontinent and other
|
28
|
17
|
24
|
16
|
||||||||||
|
Total
|
260
|
230
|
251
|
226
|
||||||||||
|
NGL (MBBL)
|
||||||||||||||
|
California
|
18
|
16
|
16
|
15
|
||||||||||
|
Permian
|
40
|
37
|
39
|
38
|
||||||||||
|
Midcontinent and other
|
16
|
20
|
18
|
14
|
||||||||||
|
Total
|
74
|
73
|
73
|
67
|
||||||||||
|
Natural Gas (MMCF)
|
||||||||||||||
|
California
|
247
|
269
|
261
|
254
|
||||||||||
|
Permian
|
151
|
151
|
153
|
153
|
||||||||||
|
Midcontinent and other
|
414
|
379
|
414
|
357
|
||||||||||
|
Total
|
812
|
799
|
828
|
764
|
||||||||||
|
Latin America
|
||||||||||||||
|
Crude Oil (MBBL)
|
Colombia
|
30
|
27
|
28
|
29
|
|||||||||
|
Natural Gas (MMCF)
|
Bolivia
|
12
|
15
|
13
|
16
|
|||||||||
|
Middle East / North Africa
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
Bahrain
|
4
|
4
|
5
|
4
|
||||||||||
|
Dolphin
|
7
|
10
|
8
|
10
|
||||||||||
|
Oman
|
69
|
69
|
65
|
68
|
||||||||||
|
Qatar
|
69
|
73
|
71
|
72
|
||||||||||
|
Other
|
34
|
32
|
36
|
39
|
||||||||||
|
Total
|
183
|
188
|
185
|
193
|
||||||||||
|
NGL (MBBL)
|
Dolphin
|
7
|
11
|
9
|
11
|
|||||||||
|
Other
|
1
|
-
|
-
|
-
|
||||||||||
|
Total
|
8
|
11
|
9
|
11
|
||||||||||
|
Natural Gas (MMCF)
|
||||||||||||||
|
Bahrain
|
237
|
169
|
229
|
171
|
||||||||||
|
Dolphin
|
147
|
215
|
171
|
205
|
||||||||||
|
Oman
|
57
|
59
|
57
|
53
|
||||||||||
|
Total
|
441
|
443
|
457
|
429
|
||||||||||
|
Barrels of Oil Equivalent (MBOE)
|
766
|
739
|
762
|
728
|
||||||||||
11
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||
|
Third Quarter
|
Nine Months
|
|||||||||||||
|
2012
|
2011
|
2012
|
2011
|
|||||||||||
|
NET SALES VOLUMES PER DAY:
|
||||||||||||||
|
United States
|
||||||||||||||
|
Crude Oil (MBBL)
|
259
|
230
|
251
|
226
|
||||||||||
|
NGL (MBBL)
|
74
|
73
|
73
|
67
|
||||||||||
|
Natural Gas (MMCF)
|
807
|
799
|
825
|
764
|
||||||||||
|
Latin America
|
||||||||||||||
|
Crude Oil (MBBL)
|
30
|
24
|
28
|
29
|
||||||||||
|
Natural Gas (MMCF)
|
12
|
15
|
13
|
16
|
||||||||||
|
Middle East / North Africa
|
||||||||||||||
|
Crude Oil (MBBL)
|
||||||||||||||
|
Bahrain
|
4
|
4
|
4
|
4
|
||||||||||
|
Dolphin
|
7
|
9
|
8
|
9
|
||||||||||
|
Oman
|
67
|
71
|
64
|
70
|
||||||||||
|
Qatar
|
68
|
76
|
70
|
73
|
||||||||||
|
Other
|
38
|
35
|
34
|
35
|
||||||||||
|
Total
|
184
|
195
|
180
|
191
|
||||||||||
|
NGL (MBBL)
|
Dolphin
|
8
|
11
|
9
|
11
|
|||||||||
|
Natural Gas (MMCF)
|
441
|
443
|
457
|
429
|
||||||||||
|
Barrels of Oil Equivalent (MBOE)
|
765
|
743
|
757
|
726
|
||||||||||
12
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
|||||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
|||||||||||||||||
|
Third Quarter
|
Nine Months
|
||||||||||||||||
|
2012
|
2011
|
2012
|
2011
|
||||||||||||||
|
OIL & GAS:
|
|||||||||||||||||
|
PRICES
|
|||||||||||||||||
|
United States
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
91.97
|
89.78
|
95.83
|
92.19
|
|||||||||||||
|
NGL ($/BBL)
|
41.66
|
59.73
|
46.60
|
59.18
|
|||||||||||||
|
Natural gas ($/MCF)
|
2.48
|
4.23
|
2.47
|
4.24
|
|||||||||||||
|
Latin America
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
95.04
|
91.01
|
98.50
|
95.85
|
|||||||||||||
|
Natural Gas ($/MCF)
|
12.13
|
11.21
|
11.93
|
9.64
|
|||||||||||||
|
Middle East / North Africa
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
103.46
|
106.97
|
109.22
|
103.74
|
|||||||||||||
|
NGL ($/BBL)
|
30.89
|
31.60
|
33.61
|
32.98
|
|||||||||||||
|
Total Worldwide
|
|||||||||||||||||
|
Crude Oil ($/BBL)
|
96.62
|
97.24
|
101.20
|
97.33
|
|||||||||||||
|
NGL ($/BBL)
|
40.65
|
56.06
|
45.21
|
55.63
|
|||||||||||||
|
Natural Gas ($/MCF)
|
1.97
|
3.12
|
1.97
|
3.09
|
|||||||||||||
|
Third Quarter
|
Nine Months
|
||||||||||||||||
|
2012
|
2011
|
2012
|
2011
|
||||||||||||||
|
Exploration Expense
|
|||||||||||||||||
|
United States
|
$
|
44
|
$
|
34
|
$
|
186
|
$
|
133
|
|||||||||
|
Latin America
|
-
|
1
|
1
|
1
|
|||||||||||||
|
Middle East / North Africa
|
25
|
4
|
76
|
51
|
|||||||||||||
|
TOTAL REPORTED
|
$
|
69
|
$
|
39
|
$
|
263
|
$
|
185
|
|||||||||
|
Less - non-core impairments
|
-
|
-
|
-
|
(35
|
)
|
||||||||||||
|
TOTAL CORE
|
$
|
69
|
$
|
39
|
$
|
263
|
$
|
150
|
|||||||||
13
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||||||
|
SUMMARY OF OPERATING STATISTICS
|
||||||||||||||||
|
Third Quarter
|
Nine Months
|
|||||||||||||||
|
Capital Expenditures ($MM)
|
2012
|
2011
|
2012
|
2011
|
||||||||||||
|
Oil & Gas
|
||||||||||||||||
|
California
|
$
|
544
|
$
|
481
|
$
|
1,647
|
$
|
1,202
|
||||||||
|
Permian
|
559
|
308
|
1,496
|
761
|
||||||||||||
|
Midcontinent and other
|
278
|
311
|
1,120
|
725
|
||||||||||||
|
Latin America
|
76
|
52
|
185
|
139
|
||||||||||||
|
Middle East / North Africa
|
520
|
338
|
1,378
|
993
|
||||||||||||
|
Exploration
|
160
|
115
|
514
|
291
|
||||||||||||
|
Chemical
|
75
|
59
|
192
|
118
|
||||||||||||
|
Midstream, marketing and other
|
364
|
331
|
1,118
|
701
|
||||||||||||
|
Corporate
|
15
|
16
|
66
|
39
|
||||||||||||
|
TOTAL
|
$
|
2,591
|
$
|
2,011
|
$
|
7,716
|
$
|
4,969
|
||||||||
|
Depreciation, Depletion &
|
Third Quarter
|
Nine Months
|
||||||||||||||
|
Amortization of Assets ($MM)
|
2012
|
2011
|
2012
|
2011
|
||||||||||||
|
Oil & Gas
|
||||||||||||||||
|
Domestic
|
$
|
613
|
$
|
448
|
$
|
1,784
|
$
|
1,265
|
||||||||
|
Latin America
|
31
|
18
|
86
|
67
|
||||||||||||
|
Middle East / North Africa
|
356
|
324
|
1,019
|
920
|
||||||||||||
|
Chemical
|
87
|
82
|
257
|
249
|
||||||||||||
|
Midstream, marketing and other
|
55
|
45
|
154
|
134
|
||||||||||||
|
Corporate
|
7
|
7
|
20
|
18
|
||||||||||||
|
TOTAL
|
$
|
1,149
|
$
|
924
|
$
|
3,320
|
$
|
2,653
|
||||||||
14
Investor Relations Supplemental Schedules
|
OCCIDENTAL PETROLEUM
|
||||||||||||
|
CORPORATE
|
||||||||||||
|
($ millions)
|
||||||||||||
|
30-Sep-12
|
31-Dec-11
|
|||||||||||
|
CAPITALIZATION
|
||||||||||||
|
Long-Term Debt (including short-term borrowings)
|
$
|
7,622
|
$
|
5,871
|
||||||||
|
EQUITY
|
$
|
40,474
|
$
|
37,620
|
||||||||
|
Total Debt To Total Capitalization
|
16%
|
13%
|
||||||||||
15