EX-99.3 4 a14-10839_1ex99d3.htm EX-99.3

Exhibit 99.3

 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

Investor Relations Supplemental Schedules

Summary

 

 

 

 

1Q 2014

 

1Q 2013

 

 

 

 

 

 

 

Core Results (millions)

 

$1,387

 

$1,359

 

EPS - Diluted

 

$1.75

 

$1.69

 

 

 

 

 

 

 

Reported Net Income (millions)

 

$1,390

 

$1,355

 

EPS - Diluted

 

$1.75

 

$1.68

 

 

 

 

 

 

 

Total Worldwide Sales Volumes (mboe/day)

 

735

 

746

 

Total Worldwide Production Volumes (mboe/day)

 

745

 

763

 

 

 

 

 

 

 

Total Worldwide Crude Oil Realizations ($/BBL)

 

$99.00

 

$98.07

 

Total Worldwide NGL Realizations ($/BBL)

 

$46.05

 

$40.27

 

Domestic Natural Gas Realizations ($/MCF)

 

$4.57

 

$3.08

 

 

 

 

 

 

 

Wtd. Average Basic Shares O/S (millions)

 

791.3

 

804.7

 

Wtd. Average Diluted Shares O/S (millions)

 

791.7

 

805.2

 

 

 

 

 

 

 

Cash Flow from Operations (millions)

 

$2,700

 

$2,700

 

 

 

1


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

2014 First Quarter

Net Income (Loss)

($ millions, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reported

 

 

 

 

 

 

Core

 

 

Income

 

Significant Items Affecting Income

 

Results

Oil & Gas

 

  $

2,104

 

 

 

 

 

 

 

  $

2,104

 

 

 

 

 

 

 

 

 

 

 

 

 

Chemical

 

136

 

 

 

 

 

 

 

136

 

 

 

 

 

 

 

 

 

 

 

 

 

Midstream, marketing and other

 

170

 

 

 

 

 

 

 

170

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

(19

)

 

 

 

 

 

 

(19

)

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

(72

)

 

 

 

 

 

 

(72

)

 

 

 

 

 

 

 

 

 

 

 

 

Taxes

 

(932

)

 

 

 

 

 

 

(932

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

1,387

 

 

-

 

 

 

 

1,387

 

Discontinued operations, net of tax

 

3

 

 

(3

)

 

Discontinued operations, net

 

-

 

Net Income

 

  $

1,390

 

 

  $

(3

)

 

 

 

  $

1,387

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

  $

1.75

 

 

 

 

 

 

 

 

 

Discontinued operations, net

 

-   

 

 

 

 

 

 

 

 

 

Net Income

 

  $

1.75

 

 

 

 

 

 

 

  $

1.75

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

  $

1.75

 

 

 

 

 

 

 

 

 

Discontinued operations, net

 

-   

 

 

 

 

 

 

 

 

 

Net Income

 

  $

1.75

 

 

 

 

 

 

 

  $

1.75

 

 

 

2


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

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

 

 

 

3


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

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

 

 

 

4


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

Worldwide Effective Tax Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

QUARTERLY

 

 

 

2014

 

2013

 

2013

REPORTED INCOME

 

QTR 1

 

QTR 4

 

QTR 1

Oil & Gas

 

2,104

 

 

1,511

 

 

1,920

 

Chemical

 

136

 

 

128

 

 

159

 

Midstream, marketing and other

 

170

 

 

1,098

 

 

215

 

Corporate & other

 

(91

)

 

(116

)

 

(91

)

Pre-tax income

 

2,319

 

 

2,621

 

 

2,203

 

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

 

 

 

 

 

 

 

Federal and state

 

379

 

 

517

 

 

292

 

Foreign

 

553

 

 

456

 

 

552

 

Total

 

932

 

 

973

 

 

844

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

1,387

 

 

1,648

 

 

1,359

 

 

 

 

 

 

 

 

 

 

 

Worldwide effective tax rate

 

40

%

 

37

%

 

38

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2013

CORE RESULTS

 

QTR 1

 

QTR 4

 

QTR 1

Oil & Gas

 

2,104

 

 

2,118

 

 

1,920

 

Chemical

 

136

 

 

128

 

 

159

 

Midstream, marketing and other

 

170

 

 

68

 

 

215

 

Corporate & other

 

(91

)

 

(116

)

 

(91

)

Pre-tax income

 

2,319

 

 

2,198

 

 

2,203

 

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

 

 

 

 

 

 

 

Federal and state

 

379

 

 

363

 

 

292

 

Foreign

 

553

 

 

456

 

 

552

 

Total

 

932

 

 

819

 

 

844

 

 

 

 

 

 

 

 

 

 

 

Core results

 

1,387

 

 

1,379

 

 

1,359

 

 

 

 

 

 

 

 

 

 

 

Worldwide effective tax rate

 

40

%

 

37

%

 

38

%

 

 

5


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

2014 First Quarter Net Income (Loss)

Reported Income Comparison

 

 

 

 

 

 

 

 

 

 

 

 

 

First

 

Fourth

 

 

 

 

Quarter

 

Quarter

 

 

 

 

2014

 

2013

 

B / (W)

Oil & Gas

 

  $

2,104

 

 

  $

1,511

 

 

  $

593

 

Chemical

 

136

 

 

128

 

 

8

 

Midstream, marketing and other

 

170

 

 

1,098

 

 

(928

)

Corporate

 

 

 

 

 

 

 

 

 

Interest expense, net

 

(19

)

 

(23

)

 

4

 

Other

 

(72

)

 

(93

)

 

21

 

Taxes

 

(932

)

 

(973

)

 

41

 

Income from continuing operations

 

1,387

 

 

1,648

 

 

(261

)

Discontinued operations, net

 

3

 

 

(5

)

 

8

 

Net Income

 

  $

1,390

 

 

  $

1,643

 

 

  $

(253

)

 

 

 

 

 

 

 

 

 

 

Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Basic

 

  $

1.75

 

 

  $

2.04

 

 

  $

(0.29

)

Diluted

 

  $

1.75

 

 

  $

2.04

 

 

  $

(0.29

)

 

 

 

 

 

 

 

 

 

 

Worldwide Effective Tax Rate

 

40

%

 

37

%

 

-3

%

 

 

 

 

OCCIDENTAL PETROLEUM

2014 First Quarter Net Income (Loss)

Core Results Comparison

 

 

 

 

 

 

 

 

 

 

 

 

First

 

Fourth

 

 

 

 

Quarter

 

Quarter

 

 

 

 

2014

 

2013

 

B / (W)

Oil & Gas

 

  $

2,104

 

 

  $

2,118

 

 

  $

(14

)

Chemical

 

136

 

 

128

 

 

8

 

Midstream, marketing and other

 

170

 

 

68

 

 

102

 

Corporate

 

 

 

 

 

 

 

 

 

Interest expense, net

 

(19

)

 

(23

)

 

4

 

Other

 

(72

)

 

(93

)

 

21

 

Taxes

 

(932

)

 

(819

)

 

(113

)

Core Results

 

  $

1,387

 

 

  $

1,379

 

 

  $

8

 

 

 

 

 

 

 

 

 

 

 

Core Results Per Common Share

 

 

 

 

 

 

 

 

 

Basic

 

  $

1.75

 

 

  $

1.72

 

 

  $

0.03

 

Diluted

 

  $

1.75

 

 

  $

1.72

 

 

  $

0.03

 

 

 

 

 

 

 

 

 

 

 

Worldwide Effective Tax Rate

 

40

%

 

37

%

 

-3

%

 

 

6

 


Investor Relations Supplemental Schedules


 

GRAPHIC

Oil & Gas Variance Analysis 1Q14 vs. 4Q13 ($ in millions) $5 * Lower overhead costs and other adjustments

 


GRAPHIC

Chemical Variance Analysis 1Q14 vs. 4Q13 ($ in millions) * Higher energy and feedstock costs

 


GRAPHIC

Midstream Variance Analysis 1Q14 vs. 4Q13 ($ in millions)

 


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

2014 First Quarter Net Income (Loss)

Reported Income Comparison

 

 

 

 

 

 

 

 

 

 

 

 

First

 

 

First

 

 

 

 

 

 

Quarter

 

 

Quarter

 

 

 

 

 

 

2014

 

 

2013

 

 

B / (W)

 

Oil & Gas

 

  $

2,104

 

 

  $

1,920

 

 

  $

184

 

Chemical

 

136

 

 

159

 

 

(23

)

Midstream, marketing and other

 

170

 

 

215

 

 

(45

)

Corporate

 

 

 

 

 

 

 

 

 

Interest expense, net

 

(19

)

 

(30

)

 

11

 

Other

 

(72

)

 

(61

)

 

(11

)

Taxes

 

(932

)

 

(844

)

 

(88

)

Income from continuing operations

 

1,387

 

 

1,359

 

 

28

 

Discontinued operations, net

 

3

 

 

(4

)

 

7

 

Net Income

 

  $

1,390

 

 

  $

1,355

 

 

  $

35

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Basic

 

  $

1.75

 

 

  $

1.68

 

 

  $

0.07

 

Diluted

 

  $

1.75

 

 

  $

1.68

 

 

  $

0.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Worldwide Effective Tax Rate

 

40

%

 

38

%

 

-2

%

 

 

 

 

 

OCCIDENTAL PETROLEUM

2014 First Quarter Net Income (Loss)

Core Results Comparison

 

 

 

 

 

 

 

 

 

 

 

 

First

 

 

First

 

 

 

 

 

 

Quarter

 

 

Quarter

 

 

 

 

 

 

2014

 

 

2013

 

 

B / (W)

 

Oil & Gas

 

  $

2,104

 

 

  $

1,920

 

 

  $

184

 

Chemical

 

136

 

 

159

 

 

(23

)

Midstream, marketing and other

 

170

 

 

215

 

 

(45

)

Corporate

 

 

 

 

 

 

 

 

 

Interest expense, net

 

(19

)

 

(30

)

 

11

 

Other

 

(72

)

 

(61

)

 

(11

)

Taxes

 

(932

)

 

(844

)

 

(88

)

Core Results

 

  $

1,387

 

 

  $

1,359

 

 

  $

28

 

 

 

 

 

 

 

 

 

 

 

Core Results Per Common Share

 

 

 

 

 

 

 

 

 

Basic

 

  $

1.75

 

 

  $

1.69

 

 

  $

0.06

 

Diluted

 

  $

1.75

 

 

  $

1.69

 

 

  $

0.06

 

 

 

 

 

 

 

 

 

 

 

Worldwide Effective Tax Rate

 

40

%

 

38

%

 

-2

%

 

 

8

 


 

Investor Relations Supplemental Schedules

 


 

GRAPHIC

Oil & Gas Variance Analysis 1Q14 vs. 1Q13 ($ in millions) * Higher overhead and other costs

 


GRAPHIC

Chemical Variance Analysis 1Q14 vs. 1Q13 ($ in millions) * Higher energy and feedstock costs

 


GRAPHIC

Midstream Variance Analysis 1Q14 vs. 1Q13 ($ in millions)

 

 


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

SUMMARY OF OPERATING STATISTICS

 

 

 

First Quarter

 

 

 

2014

 

2013

 

NET PRODUCTION PER DAY:

 

 

 

 

 

 

 

 

 

 

 

  United States

 

 

 

 

 

    Oil (MBBL)

 

 

 

 

 

California

 

95

 

88

 

Permian

 

147

 

148

 

Midcontinent and other

 

32

 

28

 

Total

 

274

 

264

 

    NGLs (MBBL)

 

 

 

 

 

California

 

19

 

20

 

Permian

 

39

 

40

 

Midcontinent and other

 

17

 

18

 

Total

 

75

 

78

 

    Natural Gas (MMCF)

 

 

 

 

 

California

 

242

 

260

 

Permian

 

153

 

174

 

Midcontinent and other

 

357

 

383

 

Total

 

752

 

817

 

 

 

 

 

 

 

 

 

 

 

 

 

  Latin America

 

 

 

 

 

    Oil (MBBL)

Colombia

 

29

 

29

 

 

 

 

 

 

 

    Natural Gas (MMCF)

Bolivia

 

12

 

13

 

 

 

 

 

 

 

 

 

 

 

 

 

  Middle East / North Africa

 

 

 

 

 

    Oil (MBBL)

 

 

 

 

 

Dolphin

 

6

 

6

 

Oman

 

66

 

65

 

Qatar

 

68

 

59

 

Other

 

27

 

45

 

Total

 

167

 

175

 

 

 

 

 

 

 

    NGLs (MBBL)

Dolphin

 

6

 

7

 

 

 

 

 

 

 

    Natural Gas (MMCF)

 

 

 

 

 

Dolphin

 

131

 

134

 

Oman

 

40

 

54

 

Other

 

231

 

244

 

Total

 

402

 

432

 

 

 

 

 

 

 

 

 

 

 

 

 

Barrels of Oil Equivalent (MBOE)

 

745

 

763

 

 

 

10


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

SUMMARY OF OPERATING STATISTICS

 

 

 

First Quarter

 

 

 

2014

 

2013

 

NET SALES VOLUMES PER DAY:

 

 

 

 

 

  United States

 

 

 

 

 

    Oil (MBBL)

 

274

 

264

 

    NGLs (MBBL)

 

75

 

78

 

    Natural Gas (MMCF)

 

756

 

819

 

 

 

 

 

 

 

  Latin America

 

 

 

 

 

    Oil (MBBL)

 

32

 

30

 

    Natural Gas (MMCF)

 

12

 

13

 

 

 

 

 

 

 

  Middle East / North Africa

 

 

 

 

 

    Oil (MBBL)

 

 

 

 

 

Dolphin

 

6

 

6

 

Oman

 

65

 

72

 

Qatar

 

71

 

51

 

Other

 

11

 

27

 

Total

 

153

 

156

 

 

 

 

 

 

 

    NGLs (MBBL)

 

6

 

7

 

 

 

 

 

 

 

    Natural Gas (MMCF)

 

402

 

432

 

 

 

 

 

 

 

 

 

 

 

 

 

Barrels of Oil Equivalent (MBOE)

 

735

 

746

 

 

 

11


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

SUMMARY OF OPERATING STATISTICS

 

 

 

First Quarter

 

 

 

2014

 

2013

 

 

 

 

 

 

 

OIL & GAS:

 

 

 

 

 

  REALIZED PRICES

 

 

 

 

 

    United States

 

 

 

 

 

    Oil ($/BBL)

 

95.94

 

91.57

 

    NGLs ($/BBL)

 

46.69

 

40.59

 

    Natural gas ($/MCF)

 

4.57

 

3.08

 

 

 

 

 

 

 

    Latin America

 

 

 

 

 

    Oil ($/BBL)

 

98.53

 

107.18

 

    Natural gas ($/MCF)

 

10.81

 

11.60

 

 

 

 

 

 

 

    Middle East / North Africa

 

 

 

 

 

    Oil ($/BBL)

 

104.65

 

107.52

 

    NGLs ($/BBL)

 

38.43

 

36.56

 

 

 

 

 

 

 

    Total Worldwide

 

 

 

 

 

    Oil ($/BBL)

 

99.00

 

98.07

 

    NGLs ($/BBL)

 

46.05

 

40.27

 

    Natural gas ($/MCF)

 

3.32

 

2.37

 

 

 

 

 

 

 

  INDEX PRICES

 

 

 

 

 

    WTI oil ($/BBL)

 

98.68

 

94.37

 

    Brent oil ($/BBL)

 

107.90

 

112.64

 

    NYMEX gas ($/MCF)

 

4.66

 

3.37

 

 

 

 

 

 

 

  REALIZED PRICES AS PERCENTAGE OF INDEX PRICES

 

 

 

 

 

    Worldwide oil as a percentage of WTI

 

100%

 

104%

 

    Worldwide oil as a percentage of Brent

 

92%

 

87%

 

    Worldwide NGLs as a percentage of WTI

 

47%

 

43%

 

    Domestic natural gas as a percentage of NYMEX

 

98%

 

91%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First Quarter

 

 

 

2014

 

2013

 

Exploration Expense ($MM)

 

 

 

 

 

    United States

 

  $

45

 

  $

40

 

    Middle East / North Africa

 

10

 

10

 

 

 

  $

55

 

  $

50

 

 

 

12


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

SUMMARY OF OPERATING STATISTICS

 

 

 

 

First Quarter

 

Capital Expenditures ($MM)

 

2014

 

2013

 

  Oil & Gas

 

 

 

 

 

    California

 

  $

447

 

  $

317

 

    Permian

 

492

 

435

 

    Midcontinent and other

 

230

 

218

 

    Latin America

 

67

 

70

 

    Middle East / North Africa

 

454

 

547

 

    Exploration

 

108

 

78

 

  Chemical

 

41

 

65

 

  Midstream, marketing and other

 

407

 

320

 

  Corporate

 

23

 

20

 

 

TOTAL

2,269

 

2,070

 

  Non-controlling interest contributions

 

(123)

 

(26)

 

  Cracker JV contribution

 

60

 

-

 

 

 

  $

2,206

 

  $

2,044

 

 

 

 

 

 

 

 

 

 

 

Depreciation, Depletion &

 

First Quarter

 

  Amortization of Assets ($MM)

 

2014

 

2013

 

  Oil & Gas

 

 

 

 

 

    Domestic

 

  $

776

 

  $

740

 

    Latin America

 

42

 

30

 

    Middle East / North Africa

 

297

 

345

 

  Chemical

 

89

 

85

 

  Midstream, marketing and other

 

54

 

50

 

  Corporate

 

8

 

9

 

 

TOTAL

  $

1,266

 

  $

1,259

 

 

 

13


 

Investor Relations Supplemental Schedules

 

GRAPHIC

 

OCCIDENTAL PETROLEUM

CORPORATE

($ millions)

 

 

 

31-Mar-14

 

31-Dec-13

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITALIZATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-Term Debt (including current maturities)

 

 

  $

6,877

 

 

 

 

  $

6,939

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EQUITY

 

 

  $

43,369

 

 

 

 

  $

43,372

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Debt To Total Capitalization

 

 

14

%

 

 

 

14

%

 

 

 

 

14