Occidental Petroleum 8K Announces 4th Quarter and Twelve Months of 2013 Net Income | OXY 30 Jan 14

EXHIBIT 99.3

Investor Relations Supplemental Schedules

Investor Relations Supplemental Schedules
Summary




	4Q 2013	4Q 2012

Core Results (millions)	$1,379	$1,479
EPS - Diluted	$1.72	$1.83

Reported Net Income (millions)	$1,643	$336
EPS - Diluted	$2.04	$0.42

Total Worldwide Sales Volumes (mboe/day)	772	784
Total Worldwide Production Volumes (mboe/day)	750	779

Total Worldwide Crude Oil Realizations ($/BBL)	$99.27	$96.19
Total Worldwide NGL Realizations ($/BBL)	$44.69	$45.08
Domestic Natural Gas Realizations ($/MCF)	$3.33	$3.09

Wtd. Average Basic Shares O/S (millions)	801.7	807.1
Wtd. Average Diluted Shares O/S (millions)	802.1	807.7


	YTD 2013	YTD 2012

Core Results (millions)	$5,602	$5,750
EPS - Diluted	$6.95	$7.09

Reported Net Income (millions)	$5,903	$4,598
EPS - Diluted	$7.32	$5.67

Total Worldwide Sales Volumes (mboe/day)	762	764
Total Worldwide Production Volumes (mboe/day)	763	766

Total Worldwide Crude Oil Realizations ($/BBL)	$99.84	$99.87
Total Worldwide NGL Realizations ($/BBL)	$41.03	$45.18
Domestic Natural Gas Realizations ($/MCF)	$3.37	$2.62

Wtd. Average Basic Shares O/S (millions)	804.1	809.3
Wtd. Average Diluted Shares O/S (millions)	804.6	810.0

Shares Outstanding (millions)	796.0	805.5

Cash Flow from Operations (millions)	$12,900	$11,300

Investor Relations Supplemental Schedules

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


	Reported							Core
	Income			Significant Items Affecting Income				Results
Oil & Gas	$	1,511		$	607		Asset impairments	$	2,118

Chemical		128							128

Midstream, marketing and other		1,098			(1,030	)	Plains Pipeline sale gain and other		68

Corporate
Interest expense, net		(23	)						(23	)

Other		(93	)						(93	)

Taxes		(973	)		154		Tax effect of pre-tax adjustments		(819	)


Income from continuing operations		1,648			(269	)			1,379
Discontinued operations, net of tax		(5	)		5		Discontinued operations, net		-
Net Income	$	1,643		$	(264	)		$	1,379


Basic Earnings Per Common Share
Income from continuing operations	$	2.05
Discontinued operations, net		(0.01	)
Net Income	$	2.04						$	1.72

Diluted Earnings Per Common Share
Income from continuing operations	$	2.05
Discontinued operations, net		(0.01	)
Net Income	$	2.04						$	1.72

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
2013 Twelve Months
Net Income (Loss)
($ millions, except per share amounts)


	Reported							Core
	Income			Significant Items Affecting Income				Results
Oil & Gas	$	7,894		$	607		Asset impairments	$	8,501

Chemical		743			(131	)	Carbocloro sale gain		612

Midstream, marketing and other		1,573			(1,030	)	Plains Pipeline sale gain and other		543

Corporate
Interest expense, net		(110	)						(110	)

Other		(423	)		55		Charge for former executives and consultants (a)		(368	)

Taxes		(3,755	)		179		Tax effect of pre-tax adjustments		(3,576	)


Income from continuing operations		5,922			(320	)			5,602
Discontinued operations, net of tax		(19	)		19		Discontinued operations, net		-
Net Income	$	5,903		$	(301	)		$	5,602


Basic Earnings Per Common Share
Income from continuing operations	$	7.35
Discontinued operations, net		(0.02	)
Net Income	$	7.33						$	6.95

Diluted Earnings Per Common Share
Income from continuing operations	$	7.34
Discontinued operations, net		(0.02	)
Net Income	$	7.32						$	6.95


(a) Reflects pre-tax charge for the estimated cost related to the employment and post-employment benefits for the
Company's former Executive Chairman and termination of certain other employees and consulting arrangements.

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

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
Worldwide Effective Tax Rate

	QUARTERLY						YEAR-TO-DATE
	2013		2013		2012		2013		2012
REPORTED INCOME	QTR 4		QTR 3		QTR 4		12 Months		12 Months
Oil & Gas	1,511		2,363		522		7,894		7,095
Chemical	128		181		180		743		720
Midstream, marketing and other	1,098		212		75		1,573		439
Corporate & other	(116	)	(131	)	(164	)	(533	)	(501	)
Pre-tax income	2,621		2,625		613		9,677		7,753

Income tax expense
Federal and state	517		461		(293	)	1,602		694
Foreign	456		576		542		2,153		2,424
Total	973		1,037		249		3,755		3,118

Income from continuing operations	1,648		1,588		364		5,922		4,635

Worldwide effective tax rate	37%		40%		41%		39%		40%


	2013		2013		2012		2013		2012
CORE RESULTS	QTR 4		QTR 3		QTR 4		12 Months		12 Months
Oil & Gas	2,118		2,363		2,253		8,501		8,826
Chemical	128		181		180		612		720
Midstream, marketing and other	68		212		75		543		439
Corporate & other	(116	)	(131	)	(144	)	(478	)	(481	)
Pre-tax income	2,198		2,625		2,364		9,178		9,504

Income tax expense
Federal and state	363		461		343		1,447		1,330
Foreign	456		576		542		2,129		2,424
Total	819		1,037		885		3,576		3,754

Core results	1,379		1,588		1,479		5,602		5,750

Worldwide effective tax rate	37%		40%		37%		39%		39%

Investor Relations Supplemental Schedules

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

	Fourth			Third
	Quarter			Quarter
	2013			2013			B / (W)
Oil & Gas	$	1,511		$	2,363		$	(852	)
Chemical		128			181			(53	)
Midstream, marketing and other		1,098			212			886
Corporate
Interest expense, net		(23	)		(28	)		5
Other		(93	)		(103	)		10
Taxes		(973	)		(1,037	)		64
Income from continuing operations		1,648			1,588			60
Discontinued operations, net		(5	)		(5	)		-
Net Income	$	1,643		$	1,583		$	60

Earnings Per Common Share
Basic	$	2.04		$	1.96		$	0.08
Diluted	$	2.04		$	1.96		$	0.08


Worldwide Effective Tax Rate		37%			40%			3%



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

	Fourth			Third
	Quarter			Quarter
	2013			2013			B / (W)
Oil & Gas	$	2,118		$	2,363		$	(245	)
Chemical		128			181			(53	)
Midstream, marketing and other		68			212			(144	)
Corporate
Interest expense, net		(23	)		(28	)		5
Other		(93	)		(103	)		10
Taxes		(819	)		(1,037	)		218
Core Results	$	1,379		$	1,588		$	(209	)

Core Results Per Common Share
Basic	$	1.72		$	1.97		$	(0.25	)
Diluted	$	1.72		$	1.97		$	(0.25	)

Worldwide Effective Tax Rate		37%			40%			3%

Investor Relations Supplemental Schedules

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

	Fourth			Fourth
	Quarter			Quarter
	2013			2012			B / (W)
Oil & Gas	$	1,511		$	522		$	989
Chemical		128			180			(52	)
Midstream, marketing and other		1,098			75			1,023
Corporate
Interest expense, net		(23	)		(30	)		7
Other		(93	)		(134	)		41
Taxes		(973	)		(249	)		(724	)
Income from continuing operations		1,648			364			1,284
Discontinued operations, net		(5	)		(28	)		23
Net Income	$	1,643		$	336		$	1,307

Earnings Per Common Share
Basic	$	2.04		$	0.42		$	1.62
Diluted	$	2.04		$	0.42		$	1.62


Worldwide Effective Tax Rate		37%			41%			4%





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

	Fourth			Fourth
	Quarter			Quarter
	2013			2012			B / (W)
Oil & Gas	$	2,118		$	2,253		$	(135	)
Chemical		128			180			(52	)
Midstream, marketing and other		68			75			(7	)
Corporate
Interest expense, net		(23	)		(30	)		7
Other		(93	)		(114	)		21
Taxes		(819	)		(885	)		66
Core Results	$	1,379		$	1,479		$	(100	)

Core Results Per Common Share
Basic	$	1.72		$	1.83		$	(0.11	)
Diluted	$	1.72		$	1.83		$	(0.11	)

Worldwide Effective Tax Rate		37%			37%			0%

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS

		Fourth Quarter		Twelve Months
		2013	2012	2013	2012
NET PRODUCTION PER DAY:

United States
Oil (MBBL)
	California	94	92	90	88
	Permian	146	146	146	142
Midcontinent and other		30	27	30	25
	Total	270	265	266	255
NGLs (MBBL)
	California	20	21	20	17
	Permian	36	40	39	39
Midcontinent and other		17	16	18	17
	Total	73	77	77	73
Natural Gas (MMCF)
	California	260	242	260	256
	Permian	147	162	157	155
Midcontinent and other		355	396	371	410
	Total	762	800	788	821


Latin America
Oil (MBBL)	Colombia	29	30	29	29

Natural Gas (MMCF)	Bolivia	12	12	12	13


Middle East / North Africa
Oil (MBBL)
	Dolphin	7	7	6	8
	Oman	64	74	66	67
	Qatar	69	71	68	71
	Other	29	40	39	40
	Total	169	192	179	186

NGLs (MBBL)	Dolphin	7	7	7	8
	Other	-	-	-	1
	Total	7	7	7	9

Natural Gas (MMCF)
	Dolphin	145	138	142	163
	Oman	42	56	51	57
	Other	253	242	241	232
	Total	440	436	434	452


Barrels of Oil Equivalent (MBOE)		750	779	763	766

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS

		Fourth Quarter		Twelve Months
		2013	2012	2013	2012
NET SALES VOLUMES PER DAY:
United States
Oil (MBBL)		270	265	266	255
NGLs (MBBL)		73	77	77	73
Natural Gas (MMCF)		762	800	789	819

Latin America
Oil (MBBL)		23	30	27	28
Natural Gas (MMCF)		12	12	12	13

Middle East / North Africa
Oil (MBBL)
	Dolphin	7	7	6	8
	Oman	65	70	68	66
	Qatar	66	75	67	71
	Other	59	43	38	40
	Total	197	195	179	185

NGLs (MBBL)	Dolphin	7	7	7	8
	Other	-	2	-	1
		7	9	7	9

Natural Gas (MMCF)		440	436	434	452


Barrels of Oil Equivalent (MBOE)		772	784	762	764

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS

	Fourth Quarter				Twelve Months
	2013		2012		2013		2012

OIL & GAS:
REALIZED PRICES
United States
Oil ($/BBL)		94.52		87.81		96.42		93.72
NGLs ($/BBL)		45.72		44.54		41.80		46.07
Natural gas ($/MCF)		3.33		3.09		3.37		2.62

Latin America
Oil ($/BBL)		99.77		97.95		103.21		98.35
Natural gas ($/MCF)		10.58		11.56		11.17		11.85

Middle East / North Africa
Oil ($/BBL)		105.83		107.50		104.48		108.76
NGLs ($/BBL)		35.01		49.14		33.00		37.74

Total Worldwide
Oil ($/BBL)		99.27		96.19		99.84		99.87
NGLs ($/BBL)		44.69		45.08		41.03		45.18
Natural gas ($/MCF)		2.47		2.35		2.54		2.06

INDEX PRICES
WTI oil ($/BBL)		97.46		88.18		97.97		94.21
Brent oil ($/BBL)		109.35		110.08		108.76		111.70
NYMEX gas ($/MCF)		3.64		3.37		3.66		2.81

REALIZED PRICES AS PERCENTAGE OF INDEX PRICES
Worldwide oil as a percentage of WTI		102%		109%		102%		106%
Worldwide oil as a percentage of Brent		91%		87%		92%		89%
Worldwide NGLs as a percentage of WTI		46%		51%		42%		48%
Domestic natural gas as a percentage of NYMEX		92%		92%		92%		93%



	Fourth Quarter				Twelve Months
	2013		2012		2013		2012
Exploration Expense
United States	$	50	$	46	$	187	$	232
Latin America		1		1		6		2
Middle East / North Africa		9		35		63		111
	$	60	$	82	$	256	$	345

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS


		Fourth Quarter					Twelve Months
Capital Expenditures ($MM)		2013			2012		2013			2012
Oil & Gas
California		$	457		$	382	$	1,533		$	2,029
Permian			435			424		1,722			1,920
Midcontinent and other			260			204		901			1,324
Latin America			103			124		339			309
Middle East / North Africa			519			638		2,120			2,016
Exploration			143			108		430			622
Chemical			125			165		424			357
Midstream, marketing and other			425			440		1,404			1,558
Corporate			19			25		164			91
	TOTAL		2,486			2,510		9,037			10,226
Non-controlling interest contributions			(67	)		-		(212	)		-
Cracker JV contribution			23			-		23			-
		$	2,442		$	2,510	$	8,848		$	10,226


Depreciation, Depletion &		Fourth Quarter					Twelve Months
Amortization of Assets ($MM)		2013			2012		2013			2012
Oil & Gas
Domestic		$	745		$	628	$	2,967		$	2,412
Latin America			20			31		107			117
Middle East / North Africa			534			385		1,679			1,404
Chemical			86			88		346			345
Midstream, marketing and other			58			52		212			206
Corporate			8			7		36			27
	TOTAL	$	1,451		$	1,191	$	5,347		$	4,511

Investor Relations Supplemental Schedules

OCCIDENTAL PETROLEUM
CORPORATE
($ millions)

	31-Dec-13			31-Dec-12

CAPITALIZATION

Long-Term Debt (including current maturities)		$	6,939		$	7,623

EQUITY		$	43,372		$	40,048

Total Debt To Total Capitalization			14%			16%

Occidental Petroleum (OXY) 8-KOccidental Petroleum Announces 4th Quarter and Twelve Months of 2013 Net Income