Domestic Inventory and Well Costs

FINANCIALS THIRD QUARTER 2022 RESULTS 11 Reported Production versus Reported Mboed Guidance Midpoint Reconciliation Adjusted diluted EPS1 $2.44 GULF OF MEXICO Reported diluted EPS1 $2.52 Less weather downtime than expected and better performance from Horn Mountain West ROCKIES +21 CFFO before working capital $4.7 B Improved base performance and higher NGL recoveries +6 Capital expenditures $1.1 B INTERNATIONAL +3 Higher uptime and throughput from Al Hosn Unrestricted cash balance as of 09/30/2022 $1.2 B PERMIAN Continuing operations production (Mboed) 1,180 Third party downtime and lower OBO volumes (5) OxyChem EBIT $580 MM +25 Midstream Adjusted EBIT $126 MM NOTE: SEE THE RECONCILIATIONS TO COMPARABLE GAAP FINANCIAL MEASURES ON OUR WEBSITE; CFFO (CASH FLOW FROM OPERATIONS) 1ADJUSTED AND REPORTED DILUTED SHARE COUNT 1,002.5 MM SHARES OXY

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