Occidental Petroleum Corporation

OXY Energy Oil & Gas E&P

In the quarter to June 2026, revenue grew 53.4%, EPS grew 937.0%, free cash flow grew 92.7% and total debt fell 42.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years; insiders bought in the last twelve months.

62.46 1.79 +2.95%
Market cap
$60.7B
P/E
9.5×
Fwd P/E
7.6×
Dividend yield
1.67%
F-score
5/9
Altman Z
1.29
Beneish M
−2.96
Dividend safety
49/100

Occidental Petroleum Corporation (OXY) Debt to equity

Alert me on Debt to equity

Occidental Petroleum Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, down 0.3× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.3× (fiscal 2015) to 1.9× (fiscal 2020); the current reading is higher than 45% of that period. That is above the Oil & Gas E&P industry median of 0.3× and below the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× (19.22%)
FY2024 0.8× 16.47%
FY2023 0.7× (1.35%)
FY2022 0.7× (54.75%)
FY2021 1.5× (25.22%)
FY2020 1.9× 72.84%
FY2019 1.1× 133.04%
FY2018 0.5× 1.26%
FY2017 0.5× 4.58%
FY2016 0.5× 33.92%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× (18.13%)
Mar 2026 0.4× (35.27%)
Dec 2025 0.6× 0.16%
Sep 2025 0.6× (7.05%)
42 more quarters

Against its own ten years

Low 0.3× High 1.9×
Ten-year median 0.7×
Current reading's percentile 45

Debt to equity against peers

Company Debt to equity
TPL Texas Pacific Land Corporation compare 0.0×
EXE Expand Energy Corporation compare 0.2×
EQT EQT Corporation compare 0.2×
EOG EOG Resources, Inc. compare 0.2×
WDS Woodside Energy Group Ltd compare 0.3×
DVN Devon Energy Corporation compare 0.3×
FANG Diamondback Energy, Inc. compare 0.3×
OXY Occidental Petroleum Corporation 0.3×
COP ConocoPhillips compare 0.4×
Oil & Gas E&P industry median 0.3×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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