Occidental Petroleum Corporation OXY

56.86 (1.19) (2.05%) as of 25 Sep
Market cap
$57.7B
P/E
8.6×
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Occidental Petroleum Corporation (OXY) 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

Annual

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

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 0.2×

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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