EXHIBIT 99.3
Investor Relations Supplemental Schedules
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Investor Relations Supplemental Schedules | |||||||
Summary | |||||||
($ Millions) | |||||||
4Q 2010 | 4Q 2009 | ||||||
Reported Net Income | $1,212 | $938 | |||||
EPS - Diluted | $1.49 | $1.15 | |||||
Core Results | $1,287 | $1,102 | |||||
EPS - Diluted | $1.58 | $1.35 | |||||
Total Worldwide Sales Volumes (mboe/day) | 751 | 722 | |||||
Total Worldwide Crude Oil Realizations ($/BBL) | $79.96 | $71.74 | |||||
Domestic Natural Gas Realizations ($/MCF) | $4.13 | $4.37 | |||||
Wtd. Average Basic Shares O/S (mm) | 812.6 | 811.8 | |||||
Wtd. Average Diluted Shares O/S (mm) | 813.7 | 813.5 | |||||
YTD 2010 | YTD 2009 | ||||||
Reported Net Income | $4,530 | $2,915 | |||||
EPS - Diluted | $5.56 | $3.58 | |||||
Core Results | $4,664 | $3,192 | |||||
EPS - Diluted | $5.72 | $3.92 | |||||
Total Worldwide Sales Volumes (mboe/day) | 744 | 714 | |||||
Total Worldwide Crude Oil Realizations ($/BBL) | $75.16 | $57.31 | |||||
Domestic Natural Gas Realizations ($/MCF) | $4.53 | $3.46 | |||||
Wtd. Average Basic Shares O/S (mm) | 812.5 | 811.3 | |||||
Wtd. Average Diluted Shares O/S (mm) | 813.8 | 813.8 | |||||
Shares Outstanding (mm) | 812.8 | 811.9 | |||||
Cash Flow from Operations | $ | 9,300 | $ | 5,800 |
1
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||||
2010 Fourth Quarter | ||||||||||||||
Net Income (Loss) | ||||||||||||||
($ millions) | ||||||||||||||
Reported | Core | |||||||||||||
Income | Significant Items Affecting Income | Results | ||||||||||||
Oil & Gas | $ | 1,666 | $ | 275 | Asset Impairments | $ | 1,941 | |||||||
Chemical | 111 | 111 | ||||||||||||
Midstream, marketing and other | 202 | 202 | ||||||||||||
Corporate | ||||||||||||||
Interest expense, net | (20 | ) | (20 | ) | ||||||||||
Other | (149 | ) | (149 | ) | ||||||||||
Taxes | (618 | ) | (100 | ) | Tax effect of adjustments | (798 | ) | |||||||
(80 | ) | Benefit from foreign tax | ||||||||||||
credit carry-forwards | ||||||||||||||
Income from continuing operations | 1,192 | 95 | 1,287 | |||||||||||
Discontinued operations, net of tax | 20 | (20 | ) | Discontinued operations, net | - | |||||||||
Net Income | $ | 1,212 | $ | 75 | $ | 1,287 | ||||||||
Basic Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 1.47 | ||||||||||||
Discontinued operations, net | 0.02 | |||||||||||||
Net Income | $ | 1.49 | $ | 1.58 | ||||||||||
Diluted Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 1.47 | ||||||||||||
Discontinued operations, net | 0.02 | |||||||||||||
Net Income | $ | 1.49 | $ | 1.58 |
2
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||||
2009 Fourth Quarter | ||||||||||||||
Net Income (Loss) | ||||||||||||||
($ millions) | ||||||||||||||
Reported | Core | |||||||||||||
Income | Significant Items Affecting Income | Results | ||||||||||||
Oil & Gas | $ | 1,869 | $ | 1,869 | ||||||||||
Chemical | 33 | 33 | ||||||||||||
Midstream, marketing and other | 81 | 81 | ||||||||||||
Corporate | ||||||||||||||
Interest expense, net | (31 | ) | (31 | ) | ||||||||||
Other | (107 | ) | (107 | ) | ||||||||||
Taxes | (743 | ) | (743 | ) | ||||||||||
Income from continuing operations | 1,102 | - | 1,102 | |||||||||||
Discontinued operations, net of tax | (164 | ) | 164 | Discontinued operations, net | - | |||||||||
Net Income | $ | 938 | $ | 164 | $ | 1,102 | ||||||||
Basic Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 1.35 | ||||||||||||
Discontinued operations, net | (0.20 | ) | ||||||||||||
Net Income | $ | 1.15 | $ | 1.36 | ||||||||||
Diluted Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 1.35 | ||||||||||||
Discontinued operations, net | (0.20 | ) | ||||||||||||
Net Income | $ | 1.15 | $ | 1.35 |
3
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||||
2010 Twelve Months | ||||||||||||||
Net Income (Loss) | ||||||||||||||
($ millions) | ||||||||||||||
Reported | Core | |||||||||||||
Income | Significant Items Affecting Income | Results | ||||||||||||
Oil & Gas | $ | 7,151 | $ | 275 | Asset Impairments | $ | 7,426 | |||||||
Chemical | 438 | 438 | ||||||||||||
Midstream, marketing and other | 472 | 472 | ||||||||||||
Corporate | ||||||||||||||
Interest expense, net | (93 | ) | (93 | ) | ||||||||||
Other | (404 | ) | (404 | ) | ||||||||||
Taxes | (2,995 | ) | (100 | ) | Tax effect of adjustments | (3,175 | ) | |||||||
(80 | ) | Benefit from foreign tax | ||||||||||||
credit carry-forwards | ||||||||||||||
Income from continuing operations | 4,569 | 95 | 4,664 | |||||||||||
Discontinued operations, net of tax | (39 | ) | 39 | Discontinued operations, net | - | |||||||||
Net Income | $ | 4,530 | $ | 134 | $ | 4,664 | ||||||||
Basic Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 5.62 | ||||||||||||
Discontinued operations, net | (0.05 | ) | ||||||||||||
Net Income | $ | 5.57 | $ | 5.73 | ||||||||||
Diluted Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 5.61 | ||||||||||||
Discontinued operations, net | (0.05 | ) | ||||||||||||
Net Income | $ | 5.56 | $ | 5.72 |
4
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||||
2009 Twelve Months | ||||||||||||||
Net Income (Loss) | ||||||||||||||
($ millions) | ||||||||||||||
Reported | Core | |||||||||||||
Income | Significant Items Affecting Income | Results | ||||||||||||
Oil & Gas | $ | 5,097 | $ | 8 | Rig contract terminations | $ | 5,105 | |||||||
Chemical | 389 | 389 | ||||||||||||
Midstream, marketing and other | 235 | 235 | ||||||||||||
Corporate | ||||||||||||||
Interest expense, net | (102 | ) | (102 | ) | ||||||||||
Other | (405 | ) | 40 | Severance | (350 | ) | ||||||||
15 | Railcar leases | |||||||||||||
Taxes | (2,063 | ) | (22 | ) | Tax effect of adjustments | (2,085 | ) | |||||||
Income from continuing operations | 3,151 | 41 | 3,192 | |||||||||||
Discontinued operations, net of tax | (236 | ) | 236 | Discontinued operations, net | - | |||||||||
Net Income | $ | 2,915 | $ | 277 | $ | 3,192 | ||||||||
Basic Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 3.88 | ||||||||||||
Discontinued operations, net | (0.29 | ) | ||||||||||||
Net Income | $ | 3.59 | $ | 3.93 | ||||||||||
Diluted Earnings Per Common Share | ||||||||||||||
Income from continuing operations | $ | 3.87 | ||||||||||||
Discontinued operations, net | (0.29 | ) | ||||||||||||
Net Income | $ | 3.58 | $ | 3.92 |
5
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||||
Worldwide Effective Tax Rate | ||||||||||||||
QUARTERLY | YEAR-TO-DATE | |||||||||||||
2010 | 2010 | 2009 | 2010 | 2009 | ||||||||||
REPORTED INCOME | QTR 4 | QTR 3 | QTR 4 | 12 Months | 12 Months | |||||||||
Oil & Gas | 1,666 | 1,757 | 1,869 | 7,151 | 5,097 | |||||||||
Chemicals | 111 | 189 | 33 | 438 | 389 | |||||||||
Midstream, marketing and other | 202 | 163 | 81 | 472 | 235 | |||||||||
Corporate & other | (169 | ) | (84 | ) | (138 | ) | (497 | ) | (507 | ) | ||||
Pre-tax income | 1,810 | 2,025 | 1,845 | 7,564 | 5,214 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 129 | 322 | 338 | 1,087 | 684 | |||||||||
Foreign | 489 | 500 | 405 | 1,908 | 1,379 | |||||||||
Total | 618 | 822 | 743 | 2,995 | 2,063 | |||||||||
Income from continuing operations | 1,192 | 1,203 | 1,102 | 4,569 | 3,151 | |||||||||
Worldwide effective tax rate | 34% | 41% | 40% | 40% | 40% | |||||||||
2010 | 2010 | 2009 | 2010 | 2009 | ||||||||||
CORE RESULTS | QTR 4 | QTR 3 | QTR 4 | 12 Months | 12 Months | |||||||||
Oil & Gas | 1,941 | 1,757 | 1,869 | 7,426 | 5,105 | |||||||||
Chemicals | 111 | 189 | 33 | 438 | 389 | |||||||||
Midstream, marketing and other | 202 | 163 | 81 | 472 | 235 | |||||||||
Corporate & other | (169 | ) | (84 | ) | (138 | ) | (497 | ) | (452 | ) | ||||
Pre-tax income | 2,085 | 2,025 | 1,845 | 7,839 | 5,277 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 309 | 322 | 338 | 1,267 | 706 | |||||||||
Foreign | 489 | 500 | 405 | 1,908 | 1,379 | |||||||||
Total | 798 | 822 | 743 | 3,175 | 2,085 | |||||||||
Core results | 1,287 | 1,203 | 1,102 | 4,664 | 3,192 | |||||||||
Worldwide effective tax rate | 38% | 41% | 40% | 41% | 40% |
6
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||
2010 Fourth Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Fourth | Third | |||||||||||
Quarter | Quarter | |||||||||||
2010 | 2010 | B / (W) | ||||||||||
Oil & Gas | $ | 1,666 | $ | 1,757 | $ | (91 | ) | |||||
Chemical | 111 | 189 | (78 | ) | ||||||||
Midstream, marketing and other | 202 | 163 | 39 | |||||||||
Corporate | ||||||||||||
Interest expense, net | (20 | ) | (18 | ) | (2 | ) | ||||||
Other | (149 | ) | (66 | ) | (83 | ) | ||||||
Taxes | (618 | ) | (822 | ) | 204 | |||||||
Income from continuing operations | 1,192 | 1,203 | (11 | ) | ||||||||
Discontinued operations, net | 20 | (12 | ) | 32 | ||||||||
Net Income | $ | 1,212 | $ | 1,191 | $ | 21 | ||||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 1.49 | $ | 1.46 | $ | 0.03 | ||||||
Diluted | $ | 1.49 | $ | 1.46 | $ | 0.03 | ||||||
Worldwide Effective Tax Rate | 34% | 41% | 7% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2010 Fourth Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Fourth | Third | |||||||||||
Quarter | Quarter | |||||||||||
2010 | 2010 | B / (W) | ||||||||||
Oil & Gas | $ | 1,941 | $ | 1,757 | $ | 184 | ||||||
Chemical | 111 | 189 | (78 | ) | ||||||||
Midstream, marketing and other | 202 | 163 | 39 | |||||||||
Corporate | ||||||||||||
Interest expense, net | (20 | ) | (18 | ) | (2 | ) | ||||||
Other | (149 | ) | (66 | ) | (83 | ) | ||||||
Taxes | (798 | ) | (822 | ) | 24 | |||||||
Core Results | $ | 1,287 | $ | 1,203 | $ | 84 | ||||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 1.58 | $ | 1.48 | $ | 0.10 | ||||||
Diluted | $ | 1.58 | $ | 1.48 | $ | 0.10 | ||||||
Worldwide Effective Tax Rate | 38% | 41% | 3% |
7
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oilandgasvar1.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/chemicalvar1.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/midstreamvar1.jpg)
8
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||
2010 Fourth Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Fourth | Fourth | |||||||||||
Quarter | Quarter | |||||||||||
2010 | 2009 | B / (W) | ||||||||||
Oil & Gas | $ | 1,666 | $ | 1,869 | $ | (203 | ) | |||||
Chemical | 111 | 33 | 78 | |||||||||
Midstream, marketing and other | 202 | 81 | 121 | |||||||||
Corporate | ||||||||||||
Interest expense, net | (20 | ) | (31 | ) | 11 | |||||||
Other | (149 | ) | (107 | ) | (42 | ) | ||||||
Taxes | (618 | ) | (743 | ) | 125 | |||||||
Income from continuing operations | 1,192 | 1,102 | 90 | |||||||||
Discontinued operations, net | 20 | (164 | ) | 184 | ||||||||
Net Income | $ | 1,212 | $ | 938 | $ | 274 | ||||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 1.49 | $ | 1.15 | $ | 0.34 | ||||||
Diluted | $ | 1.49 | $ | 1.15 | $ | 0.34 | ||||||
Worldwide Effective Tax Rate | 34% | 40% | 6% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2010 Fourth Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Fourth | Fourth | |||||||||||
Quarter | Quarter | |||||||||||
2010 | 2009 | B / (W) | ||||||||||
Oil & Gas | $ | 1,941 | $ | 1,869 | $ | 72 | ||||||
Chemical | 111 | 33 | 78 | |||||||||
Midstream, marketing and other | 202 | 81 | 121 | |||||||||
Corporate | ||||||||||||
Interest expense, net | (20 | ) | (31 | ) | 11 | |||||||
Other | (149 | ) | (107 | ) | (42 | ) | ||||||
Taxes | (798 | ) | (743 | ) | (55 | ) | ||||||
Core Results | $ | 1,287 | $ | 1,102 | $ | 185 | ||||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 1.58 | $ | 1.36 | $ | 0.22 | ||||||
Diluted | $ | 1.58 | $ | 1.35 | $ | 0.23 | ||||||
Worldwide Effective Tax Rate | 38% | 40% | 2% |
9
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oilandgasvar2.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/chemicalvar2.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/midstreamvar2.jpg)
10
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||
2010 | 2009 | 2010 | 2009 | |||||||||||
NET SALES VOLUMES PER DAY: | ||||||||||||||
United States | ||||||||||||||
Crude Oil and Liquids (MBBL) | ||||||||||||||
California | 90 | 92 | 92 | 93 | ||||||||||
Permian | 163 | 164 | 161 | 164 | ||||||||||
Midcontinent Gas | 19 | 15 | 18 | 14 | ||||||||||
Total | 272 | 271 | 271 | 271 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
California | 259 | 282 | 280 | 250 | ||||||||||
Permian | 154 | 122 | 133 | 125 | ||||||||||
Midcontinent Gas | 286 | 241 | 264 | 260 | ||||||||||
Total | 699 | 645 | 677 | 635 | ||||||||||
Latin America | ||||||||||||||
Crude Oil (MBBL) | Colombia | 31 | 36 | 32 | 39 | |||||||||
Natural Gas (MMCF) | Bolivia | 18 | 12 | 16 | 16 | |||||||||
Middle East / North Africa | ||||||||||||||
Crude Oil and Liquids (MBBL) | ||||||||||||||
Bahrain | 3 | 1 | 3 | - | ||||||||||
Dolphin | 23 | 26 | 24 | 25 | ||||||||||
Libya | 12 | 15 | 13 | 12 | ||||||||||
Oman | 63 | 54 | 61 | 50 | ||||||||||
Qatar | 74 | 80 | 76 | 79 | ||||||||||
Yemen | 27 | 32 | 30 | 35 | ||||||||||
Total | 202 | 208 | 207 | 201 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
Bahrain | 170 | 40 | 169 | 10 | ||||||||||
Dolphin | 232 | 256 | 236 | 257 | ||||||||||
Oman | 47 | 42 | 48 | 49 | ||||||||||
Total | 449 | 338 | 453 | 316 | ||||||||||
Continuing operations | ||||||||||||||
Barrels of Oil Equivalent (MBOE) | 699 | 680 | 701 | 672 | ||||||||||
Discontinued operations | ||||||||||||||
Crude Oil (MBBL) | 46 | 37 | 37 | 37 | ||||||||||
Natural Gas (MMCF) | 36 | 30 | 34 | 30 | ||||||||||
Total Sales - MBOE | 751 | 722 | 744 | 714 |
11
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||
2010 | 2009 | 2010 | 2009 | |||||||||||
NET PRODUCTION PER DAY: | ||||||||||||||
United States | ||||||||||||||
Crude Oil and Liquids (MBBL) | 272 | 271 | 271 | 271 | ||||||||||
Natural Gas (MMCF) | 699 | 645 | 677 | 635 | ||||||||||
Latin America | ||||||||||||||
Crude Oil (MBBL) | Colombia | 30 | 36 | 32 | 39 | |||||||||
Natural Gas (MMCF) | 18 | 12 | 16 | 16 | ||||||||||
Middle East / North Africa | ||||||||||||||
Crude Oil and Liquids (MBBL) | ||||||||||||||
Bahrain | 3 | 1 | 3 | - | ||||||||||
Dolphin | 23 | 26 | 24 | 26 | ||||||||||
Iraq | 11 | - | 3 | - | ||||||||||
Libya | 12 | 11 | 13 | 11 | ||||||||||
Oman | 67 | 56 | 62 | 50 | ||||||||||
Qatar | 75 | 78 | 76 | 79 | ||||||||||
Yemen | 27 | 31 | 31 | 34 | ||||||||||
Total | 218 | 203 | 212 | 200 | ||||||||||
Natural Gas (MMCF) | 449 | 338 | 453 | 316 | ||||||||||
Continuing operations | ||||||||||||||
Barrels of Oil Equivalent (MBOE) | 714 | 676 | 706 | 671 | ||||||||||
Discontinued operations | ||||||||||||||
Crude Oil (MBBL) | 33 | 36 | 36 | 36 | ||||||||||
Natural Gas (MMCF) | 36 | 30 | 34 | 30 | ||||||||||
Total Worldwide Production - MBOE | 753 | 717 | 748 | 712 |
12
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | |||||||||||||||||
SUMMARY OF OPERATING STATISTICS | |||||||||||||||||
Fourth Quarter | Twelve Months | ||||||||||||||||
2010 | 2009 | 2010 | 2009 | ||||||||||||||
OIL & GAS: | |||||||||||||||||
PRICES | |||||||||||||||||
United States | |||||||||||||||||
Crude Oil ($/BBL) | 79.20 | 70.90 | 73.79 | 56.74 | |||||||||||||
Natural gas ($/MCF) | 4.13 | 4.37 | 4.53 | 3.46 | |||||||||||||
Latin America | |||||||||||||||||
Crude Oil ($/BBL) | 81.05 | 71.69 | 75.29 | 55.89 | |||||||||||||
Natural Gas ($/MCF) | 7.76 | 5.73 | 7.73 | 5.70 | |||||||||||||
Middle East / North Africa | |||||||||||||||||
Crude Oil ($/BBL) | 80.65 | 73.11 | 76.67 | 58.75 | |||||||||||||
�� | |||||||||||||||||
Total Worldwide | |||||||||||||||||
Crude Oil ($/BBL) | 79.96 | 71.74 | 75.16 | 57.31 | |||||||||||||
Natural Gas ($/MCF) | 2.91 | 3.42 | 3.11 | 2.83 | |||||||||||||
Fourth Quarter | Twelve Months | ||||||||||||||||
2010 | 2009 | 2010 | 2009 | ||||||||||||||
Exploration Expense | |||||||||||||||||
United States | $ | 27 | $ | 53 | $ | 162 | $ | 160 | |||||||||
Latin America | 6 | 12 | 7 | 14 | |||||||||||||
Middle East / North Africa | 21 | 33 | 93 | 80 | |||||||||||||
TOTAL REPORTED | $ | 54 | $ | 98 | $ | 262 | $ | 254 |
13
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||||
Capital Expenditures ($MM) | 2010 | 2009 | 2010 | 2009 | ||||||||||||
Oil & Gas | ||||||||||||||||
California | $ | 297 | $ | 152 | $ | 841 | $ | 554 | ||||||||
Permian | 212 | 85 | 502 | 413 | ||||||||||||
Midcontinent Gas | 131 | 41 | 269 | 118 | ||||||||||||
Latin America | 56 | 40 | 163 | 210 | ||||||||||||
Middle East / North Africa | 344 | 253 | 1,199 | 1,021 | ||||||||||||
Exploration | 62 | 50 | 192 | 132 | ||||||||||||
Chemicals | 108 | 91 | 237 | 205 | ||||||||||||
Midstream, marketing and other | 144 | 124 | 501 | 554 | ||||||||||||
Corporate | 6 | 4 | 36 | 38 | ||||||||||||
TOTAL | $ | 1,360 | $ | 840 | $ | 3,940 | $ | 3,245 | ||||||||
Depreciation, Depletion & | Fourth Quarter | Twelve Months | ||||||||||||||
Amortization of Assets ($MM) | 2010 | 2009 | 2010 | 2009 | ||||||||||||
Oil & Gas | ||||||||||||||||
Domestic | $ | 365 | $ | 305 | $ | 1,412 | $ | 1,237 | ||||||||
Latin America | 31 | 48 | 122 | 198 | ||||||||||||
Middle East / North Africa | 282 | 237 | 1,134 | 823 | ||||||||||||
Chemicals | 78 | 76 | 321 | 298 | ||||||||||||
Midstream, marketing and other | 38 | 31 | 142 | 110 | ||||||||||||
Corporate | 5 | 6 | 22 | 21 | ||||||||||||
TOTAL | $ | 799 | $ | 703 | $ | 3,153 | $ | 2,687 |
14
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||
CORPORATE | ||||||||||||
($ millions) | ||||||||||||
31-Dec-10 | 31-Dec-09 | |||||||||||
CAPITALIZATION | ||||||||||||
Long-Term Debt (including current maturities) | $ | 5,111 | $ | 2,796 | ||||||||
Others | - | 25 | ||||||||||
Total Debt | $ | 5,111 | $ | 2,821 | ||||||||
EQUITY | $ | 32,484 | $ | 29,159 | ||||||||
Total Debt To Total Capitalization | 14% | 9% |
15
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
Investor Relations Supplemental Schedules | |||||||||
Argentina Summary | |||||||||
($ Millions) | |||||||||
2008 | 2009 | 2010 | |||||||
Net Production (MBOE/Day) | 38 | 41 | 42 | ||||||
Results pre-tax | (591 | ) | (369 | ) | (33 | ) | |||
Results after-tax | (344 | ) | (224 | ) | (18 | ) | |||
Depreciation, Depletion & Amortization of Assets | 314 | 430 | 350 | ||||||
Capital Expenditures | 538 | 336 | 415 | * | |||||
*Includes $105 million contract extension bonus. |
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Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
Investor Relations Supplemental Schedules | ||||||||||||||
Argentina Summary | ||||||||||||||
($ Millions) | ||||||||||||||
2010 | ||||||||||||||
1st Q | 2nd Q | 3rd Q | 4th Q | TY | ||||||||||
Net Production (MBOE/Day) | 42 | 42 | 45 | 39 | 42 | |||||||||
Results pre-tax | (43 | ) | (17 | ) | (13 | ) | 40 | (33 | ) | |||||
Results after-tax | (26 | ) | (8 | ) | (7 | ) | 23 | (18 | ) |
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Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-11-000005/oxylogo.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/capitalspending.jpg)
![](https://capedge.com/proxy/8-K/0000797468-11-000005/factors.jpg)
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