Occidental Petroleum 2014 Annual Report Download - page 79
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2014 Quarterly Financial Data
Three months ended
Segment net sales
Oil and gas
Chemical
Midstream, marketing and other
Eliminations
Net sales
Gross profit
Segment earnings
Oil and gas
Chemical
Midstream, marketing and other (c)
Unallocated corporate items
Interest expense, net
Income taxes
Other
Income from continuing operations (c)
Discontinued operations, net
Net income attributable to common stock
Basic earnings per common share
Income from continuing operations
Discontinued operations, net
Basic earnings per common share
Diluted earnings per common share
Income from continuing operations
Discontinued operations, net
Diluted earnings per common share
Dividends per common share
Market price per common share
High
Low
(a) Includes second quarter pre-tax charges of $471 million related to the impairment of domestic non-producing acreage. Includes second quarter pre-tax gain of $531 million from sale of Hugoton Field.
Includes fourth quarter pre-tax charges of $5.4 billion related to the impairment of oil and gas assets.
(b) Includes fourth quarter pre-tax charges of $149 million related to the impairment of chemical assets.
(c) Midstream, marketing and other segment earnings are net of non-controlling interest.
(d) Includes fourth quarter pre-tax gains of $633 million from the sale of BridgeTex Pipeline and $1,351 million for the sale of a portion of an investment in Plains Pipeline.
(e) Includes fourth quarter pre-tax charges of $805 million related to the impairment of Joslyn asset and an other than temporary loss of $553 million for available for sale investment in California
Resources stock.
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