Company: OXY-WT
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000797468-25-000076
Chunk: 72

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 72
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31, 2024Sales Volumes per DayOil (Mbbl)United States601 634 487 International104 102 109 NGL (Mbbl)United States 273 310 242 International39 39 38 Natural Gas (MMcf)United States 1,756 1,732 1,284 International488 534 511 Total Sales Volumes (Mboe) (a)1,391 1,463 1,175 

(a)    Natural gas volumes have been converted to Boe based on energy content of six Mcf of gas to one barrel of oil. Conversion to Boe does not necessarily result in price equivalency.

27

The following table presents information about Occidental's average realized prices and index prices:

Three months endedMarch 31, 2025December 31, 2024March 31, 2024Average Realized PricesOil ($/Bbl)United States$70.80$69.27$75.54International$72.59$72.55$78.29Total Worldwide$71.07$69.73$76.04NGL ($/Bbl)United States$25.67$21.14$21.17International$27.85$27.11$28.33Total Worldwide$25.94$21.80$22.14Natural Gas ($/Mcf)United States$2.42$1.26$1.61International$1.90$1.88$1.87Total Worldwide$2.30$1.41$1.68Average Index PricesWTI oil ($/Bbl)$71.42$70.27$76.96Brent oil ($/Bbl)$74.89$73.97$81.83NYMEX gas ($/Mcf)$3.62$2.66$2.35Average Realized Prices as Percentage of Average Index PricesWorldwide oil as a percentage of average WTI100 %99 %99 %Worldwide oil as a percentage of average Brent95 %94 %93 %Worldwide NGL as a percentage of average WTI36 %31 %29 %Domestic natural gas as a percentage of average NYMEX67 %47 %68 %

Q1 2025 compared to Q4 2024

Oil and gas segment earnings were $1.7 billion for the three