Occidental Petroleum Corporatio 8K Occidental Petroleum Announces 1st Quarter of 2013 Income | OXY 25 Apr 13

EXHIBIT 99.3

Investor Relations Supplemental Schedules

Investor Relations Supplemental Schedules
Summary
($ Millions, except per share amounts)




	1Q 2013	1Q 2012

Core Results	$1,359	$1,560
EPS - Diluted	$1.69	$1.92

Reported Net Income	$1,355	$1,559
EPS - Diluted	$1.68	$1.92

Total Worldwide Sales Volumes (mboe/day)	746	745
Total Worldwide Production Volumes (mboe/day)	763	755

Total Worldwide Crude Oil Realizations ($/BBL)	$98.07	$107.98
Total Worldwide NGL Realizations ($/BBL)	$40.27	$52.51
Domestic Natural Gas Realizations ($/MCF)	$3.08	$2.84

Wtd. Average Basic Shares O/S (mm)	804.7	810.5
Wtd. Average Diluted Shares O/S (mm)	805.2	811.3

Cash Flow from Operations	$ 2,700	$ 2,800

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
2013 First Quarter
Net Income (Loss)
($ millions, except per share amounts)


	Reported						Core
	Income			Significant Items Affecting Income			Results
Oil & Gas	$	1,920					$	1,920


Chemical		159						159

Midstream, marketing and other		215						215

Corporate
Interest expense, net		(30	)					(30	)

Other		(61	)					(61	)

Taxes		(844	)					(844	)


Income from continuing operations		1,359			-			1,359
Discontinued operations, net of tax		(4	)		4	Discontinued operations, net		-
Net Income	$	1,355		$	4		$	1,359


Basic Earnings Per Common Share
Income from continuing operations	$	1.69
Discontinued operations, net		(0.01	)
Net Income	$	1.68					$	1.69

Diluted Earnings Per Common Share
Income from continuing operations	$	1.69
Discontinued operations, net		(0.01	)
Net Income	$	1.68					$	1.69

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

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
2012 First Quarter
Net Income (Loss)
($ millions, except per share amounts)


	Reported						Core
	Income			Significant Items Affecting Income			Results
Oil & Gas	$	2,504					$	2,504

Chemical		184						184

Midstream, marketing and other		131						131

Corporate
Interest expense, net		(28	)					(28	)

Other		(92	)					(92	)

Taxes		(1,139	)					(1,139	)


Income from continuing operations		1,560			-			1,560
Discontinued operations, net of tax		(1	)		1	Discontinued operations, net		-
Net Income	$	1,559		$	1		$	1,560


Basic Earnings Per Common Share
Income from continuing operations	$	1.92
Discontinued operations, net		-
Net Income	$	1.92					$	1.92

Diluted Earnings Per Common Share
Income from continuing operations	$	1.92
Discontinued operations, net		-
Net Income	$	1.92					$	1.92

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
Worldwide Effective Tax Rate

	QUARTERLY
	2013		2012		2012
REPORTED INCOME	QTR 1		QTR 4		QTR 1
Oil & Gas	1,920		522		2,504
Chemical	159		180		184
Midstream, marketing and other	215		75		131
Corporate & other	(91	)	(164	)	(120	)
Pre-tax income	2,203		613		2,699

Income tax expense
Federal and state	292		(293	)	446
Foreign	552		542		693
Total	844		249		1,139

Income from continuing operations	1,359		364		1,560

Worldwide effective tax rate	38%		41%		42%


	2013		2012		2012
CORE RESULTS	QTR 1		QTR 4		QTR 1
Oil & Gas	1,920		2,253		2,504
Chemical	159		180		184
Midstream, marketing and other	215		75		131
Corporate & other	(91	)	(144	)	(120	)
Pre-tax income	2,203		2,364		2,699

Income tax expense
Federal and state	292		343		446
Foreign	552		542		693
Total	844		885		1,139

Core results	1,359		1,479		1,560

Worldwide effective tax rate	38%		37%		42%

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
2013 First Quarter Net Income (Loss)
Reported Income Comparison

	First			Fourth
	Quarter			Quarter
	2013			2012			B / (W)
Oil & Gas	$	1,920		$	522		$	1,398
Chemical		159			180			(21	)
Midstream, marketing and other		215			75			140
Corporate
Interest expense, net		(30	)		(30	)		-
Other		(61	)		(134	)		73
Taxes		(844	)		(249	)		(595	)
Income from continuing operations		1,359			364			995
Discontinued operations, net		(4	)		(28	)		24
Net Income	$	1,355		$	336		$	1,019

Earnings Per Common Share
Basic	$	1.68		$	0.42		$	1.26
Diluted	$	1.68		$	0.42		$	1.26


Worldwide Effective Tax Rate		38%			41%			3%



OCCIDENTAL PETROLEUM
2013 First Quarter Net Income (Loss)
Core Results Comparison

	First			Fourth
	Quarter			Quarter
	2013			2012			B / (W)
Oil & Gas	$	1,920		$	2,253		$	(333	)
Chemical		159			180			(21	)
Midstream, marketing and other		215			75			140
Corporate
Interest expense, net		(30	)		(30	)		-
Other		(61	)		(114	)		53
Taxes		(844	)		(885	)		41
Core Results	$	1,359		$	1,479		$	(120	)

Core Results Per Common Share
Basic	$	1.69		$	1.83		$	(0.14	)
Diluted	$	1.69		$	1.83		$	(0.14	)

Worldwide Effective Tax Rate		38%			37%			-1%

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
2013 First Quarter Net Income (Loss)
Reported Income Comparison

	First			First
	Quarter			Quarter
	2013			2012			B / (W)
Oil & Gas	$	1,920		$	2,504		$	(584	)
Chemical		159			184			(25	)
Midstream, marketing and other		215			131			84
Corporate
Interest expense, net		(30	)		(28	)		(2	)
Other		(61	)		(92	)		31
Taxes		(844	)		(1,139	)		295
Income from continuing operations		1,359			1,560			(201	)
Discontinued operations, net		(4	)		(1	)		(3	)
Net Income	$	1,355		$	1,559		$	(204	)

Earnings Per Common Share
Basic	$	1.68		$	1.92		$	(0.24	)
Diluted	$	1.68		$	1.92		$	(0.24	)


Worldwide Effective Tax Rate		38%			42%			4%





OCCIDENTAL PETROLEUM
2013 First Quarter Net Income (Loss)
Core Results Comparison

	First			First
	Quarter			Quarter
	2013			2012			B / (W)
Oil & Gas	$	1,920		$	2,504		$	(584	)
Chemical		159			184			(25	)
Midstream, marketing and other		215			131			84
Corporate
Interest expense, net		(30	)		(28	)		(2	)
Other		(61	)		(92	)		31
Taxes		(844	)		(1,139	)		295
Core Results	$	1,359		$	1,560		$	(201	)

Core Results Per Common Share
Basic	$	1.69		$	1.92		$	(0.23	)
Diluted	$	1.69		$	1.92		$	(0.23	)

Worldwide Effective Tax Rate		38%			42%			4%

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS

		First Quarter
		2013	2012
NET PRODUCTION PER DAY:

United States
Oil (MBBL)
	California	88	86
	Permian	148	139
Midcontinent and other		28	19
	Total	264	244
NGLs (MBBL)
	California	20	15
	Permian	40	39
Midcontinent and other		18	18
	Total	78	72
Natural Gas (MMCF)
	California	260	267
	Permian	174	155
Midcontinent and other		383	412
	Total	817	834


Latin America
Oil (MBBL)	Colombia	29	24

Natural Gas (MMCF)	Bolivia	13	14


Middle East / North Africa
Oil (MBBL)
	Bahrain	3	4
	Dolphin	6	8
	Oman	65	64
	Qatar	59	72
	Other	42	42
	Total	175	190

NGLs (MBBL)	Dolphin	7	9
	Total	7	9

Natural Gas (MMCF)
	Bahrain	244	219
	Dolphin	134	173
	Oman	54	57
	Total	432	449


Barrels of Oil Equivalent (MBOE)		763	755

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS

		First Quarter
		2013	2012
NET SALES VOLUMES PER DAY:
United States
Oil (MBBL)		264	244
NGLs (MBBL)		78	72
Natural Gas (MMCF)		819	834

Latin America
Oil (MBBL)		30	24
Natural Gas (MMCF)		13	14

Middle East / North Africa
Oil (MBBL)
	Bahrain	3	4
	Dolphin	6	8
	Oman	72	64
	Qatar	51	70
	Other	24	34
	Total	156	180

NGLs (MBBL)	Dolphin	7	9
	Total	7	9

Natural Gas (MMCF)		432	449


Barrels of Oil Equivalent (MBOE)		746	745

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS

	First Quarter
	2013		2012

OIL & GAS:
PRICES
United States
Oil ($/BBL)		91.57		103.52
NGLs ($/BBL)		40.59		53.95
Natural gas ($/MCF)		3.08		2.84

Latin America
Oil ($/BBL)		107.18		103.31
Natural Gas ($/MCF)		11.60		11.63

Middle East / North Africa
Oil ($/BBL)		107.52		114.80
NGLs ($/BBL)		36.56		40.77

Total Worldwide
Oil ($/BBL)		98.07		107.98
NGLs ($/BBL)		40.27		52.51
Natural Gas ($/MCF)		2.37		2.22



	First Quarter
	2013		2012
Exploration Expense
United States	$	40	$	61
Middle East / North Africa		10		37
TOTAL REPORTED	$	50	$	98

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS


		First Quarter
Capital Expenditures ($MM)		2013		2012
Oil & Gas
California		$	317	$	523
Permian			435		429
Midcontinent and other			218		424
Latin America			70		42
Middle East / North Africa			547		428
Exploration			78		171
Chemical			65		42
Midstream, marketing and other			320		332
Corporate			20		21
	TOTAL	$	2,070	$	2,412


Depreciation, Depletion &		First Quarter
Amortization of Assets ($MM)		2013		2012
Oil & Gas
Domestic		$	740	$	588
Latin America			30		25
Middle East / North Africa			345		335
Chemical			85		85
Midstream, marketing and other			50		46
Corporate			9		6
	TOTAL	$	1,259	$	1,085

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
CORPORATE
($ millions)

	31-Mar-13			31-Dec-12

CAPITALIZATION

Long-Term Debt (including current maturities)		$	7,624		$	7,623

EQUITY		$	40,940		$	40,048

Total Debt To Total Capitalization			16%			16%

Occidental Petroleum Corporatio (OXY) 8-KOccidental Petroleum Announces 1st Quarter of 2013 Income