May 8, 2018 / 9:39 PM / 17 days ago

BRIEF-Occidental Petroleum Q1 Core Income Of $0.92 Per Diluted Share

May 8 (Reuters) - Occidental Petroleum Corp:

* REPORTED AND CORE INCOME FOR THE FIRST QUARTER OF 2018 OF $708 MILLION, OR $0.92 PER DILUTED SHARE

* OCCIDENTAL PETROLEUM - TOTAL AVERAGE DAILY PRODUCTION VOLUMES WERE 609,000 BOE FOR Q1, COMPARED TO 621,000 BOE FOR Q4 2017

* OCCIDENTAL PETROLEUM - QTRLY CHEMICAL PRE-TAX INCOME WAS $298 MILLION, COMPARED TO PRE-TAX INCOME OF $222 MILLION IN Q4 2017

* OCCIDENTAL PETROLEUM - AVERAGE WORLDWIDE REALIZED CRUDE OIL PRICES WERE $61.04 PER BARREL FOR Q1 2018, INCREASE OF 14 PERCENT VERSUS Q4 OF 2017

* Q1 REVENUE VIEW $3.67 BILLION — THOMSON REUTERS I/B/E/S

* OIL AND GAS PRE-TAX INCOME FOR THE FIRST QUARTER OF 2018 WAS $750 MILLION, COMPARED TO $44 MILLION FOR THE PRIOR QUARTER

* CHEMICAL PRE-TAX INCOME FOR Q1 2018 WAS $298 MILLION, COMPARED TO PRE-TAX INCOME OF $222 MILLION IN THE FOURTH QUARTER OF 2017

* Q1 EARNINGS PER SHARE VIEW $0.70 -- THOMSON REUTERS I/B/E/S Source text: (bit.ly/2rudNnb) Further company coverage:

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