Rule 424(b)(3)
Registration No. 33-60492
PRICING SUPPLEMENT NO. __00048____ dated __February 17, 1995___
OCCIDENTAL PETROLEUM CORPORATION
Retail Medium-Term Notes
This Pricing Supplement accompanies and supplements the Prospectus,
dated August 18, 1994, as supplemented by the Prospectus Supplement,
dated August 18, 1994 (the "Prospectus Supplement").
The Notes offered hereby are being offered at a price to the public which will
vary depending upon the aggregate principal amount of the Notes purchased in
any single transaction. The price to the public for purchases of the Notes
which are less than $100,000 in principal amount will be 100% of the principal
amount thereof, while the price to the public for purchases of the Notes
which are equal to or greater than $100,000 will be 99 3/8% of the principal
amount thereof.
The Notes have the following terms (as applicable):
Rate: [ X ] Fixed Rate [ ] Floating Rate [ ] Zero Coupon
Form: [ X ] Book-Entry [ ] Definitive
Principal Amount:___$1,750,000.00______ CUSIP No.: 67460Q BZ6__
Original Issue Price:__See Above__ Agent's Commission Percentage: __1%__
Original Issue Discount:___N/A___ Net Proceeds: __$1,732,500.00__
Original Issue Date:___February 24, 1995___
Maturity Date:___February 17, 2000_____
Yield to Maturity: ____at 100% equal 8.35%; at 99 3/8% equal 8.51%____
Earliest Redemption Date:___February 17, 1997_____
Redemption Price:__100% of the principal amount____
Interest Rate Per Annum (for Fixed Rate Notes):__8.35%___________
Interest Rate Provisions (for Floating Rate Notes):
Initial Interest Rate:__________% per annum
Base Rate or Rates:
[ ] Commercial Paper Rate
[ ] CD Rate
[ ] Federal Funds Rate
[ ] LIBOR
[ ] Reuters
[ ] Telerate
[ ] Prime Rate
[ ] Treasury Rate
Spread:___________
Spread Multiplier:__________%
Index Maturity:
[ ] 1 Month
[ ] 3 Months
[ ] 6 Months
[ ] 1 Year
[ ] Other (specify)______________
Maximum Interest Rate:_____% per annum
Minimum Interest Rate:_____% per annum
Interest Payment Dates:
[ ] 15th calendar day of each month
[ ] Third Wednesday of each month
[ ] Third Wednesday of each March,
June, September and December
[ ] Third Wednesday of each__________
[ ] Other (specify)__________________
Regular Record Dates:
[ ] 15th day (whether or not a Business
Day) immediately preceding the related
Interest Payment Date
[ ] Other (specify)____________________
Interest Payment Period:
[ ] Monthly
[ ] Quarterly
[ ] Semiannually
[ ] Annually
Interest Reset Period:
[ ] Daily
[ ] Weekly
[ ] Monthly
[ ] Quarterly
[ ] Semiannually
[ ] Annually
Interest Reset Dates:
[ ] As specified in Prospectus Supplement
[ ] Other (specify)____________________
<PAGE>
Rule 424(b)(3)
Registration No. 33-60492
PRICING SUPPLEMENT NO. __00049___ dated _February 17, 1995_____
OCCIDENTAL PETROLEUM CORPORATION
Retail Medium-Term Notes
This Pricing Supplement accompanies and supplements the Prospectus,
dated August 18, 1994, as supplemented by the Prospectus Supplement,
dated August 18, 1994 (the "Prospectus Supplement").
The Notes offered hereby are being offered at a price to the public which will
vary depending upon the aggregate principal amount of the Notes purchased in
any single transaction. The price to the public for purchases of the Notes
which are less than $100,000 in principal amount will be 100% of the principal
amount thereof, while the price to the public for purchases of the Notes which
are equal to or greater than $100,000 will be 99 1/2% of the principal amount
thereof.
The Notes have the following terms (as applicable):
Rate: [ X ] Fixed Rate [ ] Floating Rate [ ] Zero Coupon
Form: [ X ] Book-Entry [ ] Definitive
Principal Amount:_$5,000,000.00______ CUSIP No.: 67460Q CA0
Original Issue Price:__See Above__ Agent's Commission Percentage: __2.25%__
Original Issue Discount:___N/A___ Net Proceeds: __$4,887,500.00__
Original Issue Date:__February 24, 1995_______
Maturity Date:__February 17, 2004______
Yield to Maturity:____at 100% equal 8.5%; at 99 1/2% equal 8.58%___
Earliest Redemption Date:__February 17, 1999_______
Redemption Price:__100% of the principal amount___
Interest Rate Per Annum (for Fixed Rate Notes):__8.5%___________
Interest Rate Provisions (for Floating Rate Notes):
Initial Interest Rate:__________% per annum
Base Rate or Rates:
[ ] Commercial Paper Rate
[ ] CD Rate
[ ] Federal Funds Rate
[ ] LIBOR
[ ] Reuters
[ ] Telerate
[ ] Prime Rate
[ ] Treasury Rate
Spread:___________
Spread Multiplier:__________%
Index Maturity:
[ ] 1 Month
[ ] 3 Months
[ ] 6 Months
[ ] 1 Year
[ ] Other (specify)______________
Maximum Interest Rate:_____% per annum
Minimum Interest Rate:_____% per annum
Interest Payment Dates:
[ ] 15th calendar day of each month
[ ] Third Wednesday of each month
[ ] Third Wednesday of each March,
June, September and December
[ ] Third Wednesday of each__________
[ ] Other (specify)__________________
Regular Record Dates:
[ ] 15th day (whether or not a Business
Day) immediately preceding the related
Interest Payment Date
[ ] Other (specify)____________________
Interest Payment Period:
[ ] Monthly
[ ] Quarterly
[ ] Semiannually
[ ] Annually
Interest Reset Period:
[ ] Daily
[ ] Weekly
[ ] Monthly
[ ] Quarterly
[ ] Semiannually
[ ] Annually
Interest Reset Dates:
[ ] As specified in Prospectus Supplement
[ ] Other (specify)____________________