<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TEXACO INC.'S BALANCE SHEET AT MARCH 31, 1997, JUNE 30, 1997 AND SEPTEMBER 30, 1997 AND INCOME STATEMENTS FOR THE PERIODS ENDED MARCH 31, 1997, JUNE 30, 1997 AND SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND THEIR RELATED FOOTNOTES. THIS SCHEDULE IS A RESTATEMENT OF SCHEDULES FROM PREVIOUS FILINGS TO INCORPORATE THE PROVISIONS OF SFAS NO. 128 - EARNINGS PER SHARE. IN ADDITION, THE EARNINGS PER SHARE (EPS) INFORMATION REFLECTS THE IMPACT OF THE TWO-FOR-ONE SPLIT OF THE COMPANY'S COMMON STOCK, EFFECTIVE SEPTEMBER 29, 1997. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS 6-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1997 <PERIOD-END> MAR-31-1997 JUN-30-1997 SEP-30-1997 <CASH> 619 564 451 <SECURITIES> 18 46 48 <RECEIVABLES> 4,708 4,546 4,021 <ALLOWANCES> 34 22 22 <INVENTORY> 1,677 1,632 1,537 <CURRENT-ASSETS> 7,361 7,055 6,318 <PP&E> 34,166 34,462 35,291 <DEPRECIATION> 20,764 20,878 21,198 <TOTAL-ASSETS> 27,008 27,041 26,815 <CURRENT-LIABILITIES> 5,742 5,431 5,544 <BONDS> 5,029 5,067 5,116 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 628 633 631 <COMMON> 1,459 1,454 1,420 <OTHER-SE> 8,975 9,328 9,566 <TOTAL-LIABILITY-AND-EQUITY> 27,008 27,041 26,815 <SALES> 11,813 22,796 33,630 <TOTAL-REVENUES> 12,029 23,525 34,618 <CGS> 9,298 17,796 26,324 <TOTAL-COSTS> 10,014 19,413 28,508 <OTHER-EXPENSES> 1,128 2,217 3,349 <LOSS-PROVISION> 0 0 0 <INTEREST-EXPENSE> 101 203 309 <INCOME-PRETAX> 786 1,692 2,452 <INCOME-TAX> (194) 141 411 <INCOME-CONTINUING> 980 1,551 2,041 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 980 1,551 2,041 <EPS-PRIMARY> 1.86 2.93 3.84 <EPS-DILUTED> 1.80 2.85 3.75