OCCIDENTAL PETROLEUM CORPORATION Occidental Petroleum Corporation
Earnings Per Share
Reconciliation to Generally Accepted Accounting Principles (GAAP)
($/share)
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||
Reconciliation - Diluted Earnings (Loss) Per Share | 2022 | 2021 | 2022 | 2021 | |||||||||
Reported Diluted Earnings (Loss) Per Share (GAAP) | $ | 3.47 | $ | (0.10) | $ | 8.11 | $ | (0.47) | |||||
Less: After-TaxNon-Core Adjustments | |||||||||||||
Oil & Gas | |||||||||||||
Domestic | $ | 0.01 | $ | (0.13) | $ | 0.10 | $ | (0.28) | |||||
Foreign | 0.01 | - | 0.01 | - | |||||||||
Exploration | - | - | - | - | |||||||||
Chemical | - | - | - | - | |||||||||
Marketing and Other Midstream | 0.08 | (0.13) | (0.08) | (0.04) | |||||||||
Corporate | |||||||||||||
Interest | 0.14 | - | 0.12 | - | |||||||||
Other | 0.07 | (0.22) | 0.12 | 0.07 | |||||||||
Taxes | - | 0.06 | 2.55 | 0.06 | |||||||||
Discontinued Operations | - | - | - | (0.46) | |||||||||
Total After-TaxNon-Core Adjustments | $ | 0.31 | $ | (0.42) | $ | 2.82 | $ | (0.65) | |||||
Adjusted Diluted Earnings (Loss) Per Share (Non-GAAP) | $ | 3.16 | $ | 0.32 | $ | 5.29 | $ | 0.18 | |||||
Average Diluted Shares Outstanding - Reported (millions) | 939.2 | 934.2 | 938.3 | 933.8 | |||||||||
Average Diluted Shares Outstanding - Adjusted (millions) | 1,018.3 | 956.8 | 1,007.5 | 952.4 |
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OXY - Occidental Petroleum Corporation published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 20:39:31 UTC.
