KERR MCGEE CORP
10-Q/A, 1995-05-15
PETROLEUM REFINING
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                                 FORM 10-Q/A
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D. C. 20549


           [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                  OF THE SECURITIES EXCHANGE ACT OF 1934

               For the Quarterly Period Ended March 31, 1995

                                    OR

          [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                  OF THE SECURITIES EXCHANGE ACT OF 1934

             For the Transition Period from        to        

                       Commission File Number 1-3939


                          KERR-McGEE CORPORATION
          (Exact Name of Registrant as Specified in its Charter)


              A Delaware Corporation   73-0311467
              (State or Other Jurisdiction of    (I.R.S. Employer
              Incorporation or Organization)     Identification No.)

            Kerr-McGee Center, Oklahoma City, Oklahoma    73125
           (Address of Principal Executive Offices and Zip Code)

         Registrant's telephone number, including area code  (405) 270-1313


Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days.

                          Yes  X          No      

Number of shares of common stock, $1.00 par value, outstanding as
of April 28, 1995: 51,724,838



This amended filing is submitted soley to correct on error made in 
the Exhibit-27 Financial Data Schedule submitted in the original   
10-Q filing.  


                        PART II - OTHER INFORMATION


Item 6.  Exhibits and Reports on Form 8-K.

  (a)    Exhibits -

         Exhibit No.

         4.2  The company agrees to furnish to the Securities and 
              Exchange Commission, upon request, a copy of the $105
              million Credit Agreement dated February 24, 1995, 
              among Kerr-McGee China Petroleum Ltd. and various
              banks providing for revolving credit through February
              24, 1998.

        10.5  The Long Term Incentive Program, as Amended and
              Restated effective May 9, 1995.

        27.0  Financial Data Schedule


  (b)  Reports on Form 8-K

     None

                                 SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.


                          KERR-McGEE CORPORATION


Date May 15, 1995            By:  (John M. Rauh)
                                  John M. Rauh
                                  Vice President and Controller
                                  and Chief Accounting Officer


<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Balance Sheet at March 31, 1995, and the Consolidated Statement of
Income for the three months ended March 31, 1995, and is qualified in its
entirety by reference to such Form 10-Q.
</LEGEND>
<CIK>  0000055458
<NAME>  KERR-MCGEE CORPORATION
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                          96,500
<SECURITIES>                                         0
<RECEIVABLES>                                  415,400
<ALLOWANCES>                                     3,900
<INVENTORY>                                    358,700
<CURRENT-ASSETS>                               916,400
<PP&E>                                       6,086,800
<DEPRECIATION>                               3,535,000
<TOTAL-ASSETS>                               3,655,900
<CURRENT-LIABILITIES>                          797,400
<BONDS>                                              0
<COMMON>                                        53,300
                                0
                                          0
<OTHER-SE>                                   1,515,000
<TOTAL-LIABILITY-AND-EQUITY>                 3,655,900
<SALES>                                        463,900
<TOTAL-REVENUES>                               463,900
<CGS>                                          272,800
<TOTAL-COSTS>                                  417,200
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              18,600
<INCOME-PRETAX>                                 52,500
<INCOME-TAX>                                    15,700
<INCOME-CONTINUING>                             36,800
<DISCONTINUED>                                     900
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    37,700
<EPS-PRIMARY>                                      .73
<EPS-DILUTED>                                        0
        

</TABLE>


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