Investor Presentaiton

OXY Divestiture Progress Continues 12 11 10 9 $8.2 B Divestitures Cumulative Asset Sales ($ B) $2-3 B $350 MM $700 MM 00 $1.3 B 7 $2.4 B $260 MM 00 $565 MM $90 MM $70 MM $200 MM 5 LO $750 MM $3.3 B 4 3 2 1 $650 MM Remaining Divestiture Target $5.5 B 2020 Divestitures 2019 Divestitures 0 Plains Mozambique Interests Midland Basin JV Non-Core Asset Houston Real South Africa Estate Greater Natural Buttes WES Units Land Grant Colombia Non-Core Acreage Total Divestitures Note: Net of taxes before economic adjustments due to timing and excludes $19 MM Greater Natural Buttes, $125 MM Colombia, and $45 MM Non-Core Acreage potential earn-out proceeds 7

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