Occidental Petroleum Corporation: Fast Facts

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Fast Facts

Occidental Petroleum Corporation


Spring 2010

Oxy
Most Admired Production Growth Among the Best
Fortune magazine ranked Oxy No.1 Oxy’s worldwide oil and natural gas Corporate Responsibility Magazine’s
among Most Admired Companies production grew 7 percent in 2009 to 100 Best Corporate Citizens list for 2010
in the mining, crude-oil production 645,000 barrels of oil equivalent per rated Oxy among the top two oil and gas
category for 2010. day — the highest annual production companies and No. 26 overall.
volume in Oxy’s history.
Occidental Petroleum
Corporation

Oil, Gas and Diverse Leader


Chemicals Workforce in Safety
Oxy is an international oil and gas Oxy has more than 27,000 employees Oxy’s 2009 employee Injury and
exploration and production company, and contractors worldwide, including Illness Incidence Rate of 0.41
headquartered in Los Angeles since Argentina, Bahrain, Bolivia, Colombia, significantly outperforms the all-U.S.
1920, with operations in the United Iraq, Libya, Oman, Qatar, United Arab industry average of 3.9, based on
States, the Middle East/North Africa Emirates, the United States and Yemen. the most recently published data
and Latin America. Oxy’s subsidiary, (for 2008) from the U.S. Bureau of
OxyChem, is a major North American Labor Statistics.
chemical manufacturer.

Biggest California 4th Largest


Producer Discovery Oxy is the fourth-largest U.S. oil and
gas company, based on market
Oxy is the largest oil producer In 2009, Oxy made what is believed to capitalization, growing from 12th-largest
in Texas and New Mexico and be the largest oil and gas discovery in in 1998.
the largest natural gas producer California in 35 years.
in California.
204% Increase $1.1 Billion Star Status
If you had $100 invested in Oxy Oxy returned $1.1 billion to Oxy In 2009, U.S. EPA selected
stock at the end of 2004, it would stockholders in the form of Oxy as a Natural Gas STAR
have tripled in value to $304 at dividends in 2009. The company Continuing Excellence (5 Years)
the close of 2009. The same $100 has paid dividends every year award winner for significant,
invested in the S&P 500 Index since 1975. ongoing efforts to reduce
would have only been worth $102. methane emissions.

Market Leader Reserve 2nd Largest


For every product it makes, OxyChem’s
market position is No. 1 or No. 2 in the
Replacement Oxy is the second-largest oil producer
in Oman and offshore Qatar.
U.S. and No. 1, 2 or 3 in the world. Oxy is a leader among its industry
peers in reserve replacement. In
2009, Oxy replaced 206 percent
of its production.*

A-rated Best in Class 38% Return


Oxy’s “A-level” credit rating from GovernanceMetrics International Total 2009 Oxy stockholder return,
all major credit rating services placed Oxy in the top 1% in based on stock price appreciation
is among the top 7 percent of all 2009 of all companies it rates plus dividend reinvestment, was
companies in the United States. on governance standards. over 38 percent.

Core Geographic Regions and


total oil and gas production

United States

Elk Hills and other


58% middle east/
north Africa 29% latin america 13%
Permian Colombia
Argentina
Iraq
Bahrain
Qatar
United Arab
Emirates
Long Beach
Libya
Midcontinent Gas Yemen
Oman

*See our 10-K and Form 8-K filed on Feb. 3, 2010, for 3- and 5-year averages and calculation methodology for reserve replacement ratio.
OXY BY THE NUMBERS

Stockholders’ Debt-to-capitalization Oil and natural gas oil and natural gas
equity ratio proved reserves sales volumes
$ in billions Stated as percent Million BOE Thousand BOEPD

1,153
16
29.2

268
904
27.3

712

240
766

211
2,003 517

191
13
22.9

331 135
2,152
19.6

2,073

2,072
2,064

377
9
9

361
359
15.4

354
7
International International
U.S. U.S.
‘05 ‘06 ‘07 ‘08 ‘09 ‘05 ‘06 ‘07 ‘08 ‘09 2,520 2,830 2,864 2,977 3,225 TOTAL 466 545 570 601 645 TOTAL
2005 2006 2007 2008 2009 2005 2006 2007 2008 2009

Net income 1 Return on capital Return on Equity (ROE)3 Total Debt


$ in billions employed (ROCE)2 Stated as percent $ in billions
Stated as percent
6.9

3.0
41
33

2.9

2.8

2.8
5.4
5.3

25
23

27
21
4.2

25

1.8
24
2.9

10

‘05 ‘06 ‘07 ‘08 ‘09 ‘05 ‘06 ‘07 ‘08 ‘09 ‘05 ‘06 ‘07 ‘08 10
‘09 ‘05 ‘06 ‘07 ‘08 ‘09
1 Net income represents amounts attributable to common stock, after deducting noncontrolling interest amounts.
2 ROCE is net income attributable to common stock, taking into account cost of capital, divided by the average of stockholders’ equity plus total debt.
3 ROE is net income attributable to common stock divided by average stockholders’ equity.

For additional information, refer to Oxy’s 2009 Form 10-K, available at www.oxy.com or by calling 888-OXY-PETE.
Oxy began to report its production statistics on a pre-tax basis in the first quarter of 2010 but this document is still based
on the prior method of reporting production statistics. Some prior year amounts may have been retrospectively changed
to conform to current year presentations in accordance with GAAP.

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