Saturday 17 October 2026
Export OXY’s income statement to Excel — free account
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%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 58.14 | 57.20 | 56.83 | 37.25 | 8.52 | 17.32 | 29.15 | 55.12 | 45.17 | 34.78 |
Analyst estimates 2026–2028 Powerpack |
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| High | 78.48 | 74.06 | 87.67 | 68.83 | 47.58 | 35.75 | 77.13 | 67.93 | 71.19 | 53.20 | |||||
| People | |||||||||||||||
| People | Employees | 11,000 | 11,000 | 11,000 | 14,400 | 11,800 | 11,678 | 11,973 | 12,570 | 13,323 | 10,412 | ||||
| Revenue/emp, $m | 0.92 | 1.14 | 1.62 | 1.45 | 1.51 | 2.22 | 3.06 | 1.84 | 1.65 | 2.07 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 10,090 | 12,508 | 17,824 | 20,911 | 17,809 | 25,956 | 36,634 | 23,156 | 22,019 | 21,593 | ||||
| Gross margin, % | 48.57 | 55.28 | 63.15 | 59.89 | 52.45 | 62.79 | 67.07 | 64.27 | 69.22 | 69.82 | |||||
| EBT | (1,845) | 1,328 | 5,608 | 354 | (15,705) | 3,705 | 14,117 | 4,662 | 4,024 | 3,128 | |||||
| EBT margin, % | (18.29) | 10.62 | 31.46 | 1.69 | (88.19) | 14.27 | 38.54 | 20.13 | 18.28 | 14.49 | |||||
| Net income | (574) | 1,311 | 4,131 | (522) | (14,831) | 2,322 | 13,304 | 4,696 | 3,078 | 2,369 | |||||
| Depreciation | 4,268 | 4,002 | 3,977 | 6,140 | 8,097 | 8,447 | 6,926 | 6,449 | 6,951 | 7,533 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 13.21 | 16.35 | 23.40 | 25.83 | 19.39 | 27.76 | 39.55 | 26.04 | 24.15 | 22.14 | ||||
| Earnings | (0.75) | 1.71 | 5.40 | (1.22) | (17.06) | 1.62 | 13.41 | 4.22 | 2.59 | 1.65 | |||||
| Cash flow | 4.43 | 6.35 | 10.07 | 9.11 | 4.31 | 11.16 | 18.15 | 13.84 | 12.55 | 10.80 | |||||
| Capex | (3.56) | (4.70) | (2.82) | (0.28) | (0.28) | (1.33) | (4.22) | (5.90) | (5.03) | (4.25) | |||||
| Free cash flow | 0.87 | 1.65 | 7.24 | 8.83 | 4.03 | 9.83 | 13.92 | 7.94 | 7.51 | 6.54 | |||||
| Book value | 28.14 | 26.89 | 28.00 | 42.29 | 20.22 | 21.74 | 32.48 | 34.13 | 37.82 | 37.52 | |||||
| Shares, m | 764 | 765 | 762 | 810 | 919 | 935 | 926 | 889 | 912 | 976 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 43.26 | 11.37 | 0.00 | 0.00 | 17.90 | 4.57 | 14.23 | 18.86 | 24.48 | ||||
| P/S | 5.47 | 4.53 | 2.62 | 1.60 | 0.89 | 1.04 | 1.54 | 2.31 | 2.05 | 1.86 | |||||
| P/B | 2.57 | 2.75 | 2.19 | 1.36 | 1.80 | 2.57 | 2.78 | 2.42 | 1.72 | 1.42 | |||||
| EV/Sales | 6.42 | 5.18 | 3.03 | 3.27 | 2.80 | 2.08 | 2.06 | 3.10 | 3.14 | 2.80 | |||||
| EV/FCF | 97.13 | 51.31 | 9.79 | 9.57 | 13.49 | 5.87 | 5.85 | 10.16 | 10.08 | 9.48 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 3,384 | 4,861 | 7,669 | 7,375 | 3,955 | 10,434 | 16,810 | 12,308 | 11,439 | 10,532 | ||||
| Capex | (2,717) | (3,599) | (2,151) | (224) | (254) | (1,246) | (3,913) | (5,249) | (4,590) | (4,149) | |||||
| Free cash flow | 667 | 1,262 | 5,518 | 7,151 | 3,701 | 9,188 | 12,897 | 7,059 | 6,849 | 6,383 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 2,066 | 870 | 2,520 | 1,928 | 596 | 1,887 | 1,129 | (773) | (451) | (601) | ||||
| Total debt | 9,819 | 9,828 | 10,317 | 38,588 | 36,185 | 29,617 | 19,835 | 19,738 | 26,117 | 22,396 | |||||
| Net debt | 7,586 | 8,156 | 7,284 | 35,071 | 34,007 | 26,853 | 18,851 | 18,312 | 23,992 | 20,428 | |||||
| Shareholders’ equity | 21,497 | 20,572 | 21,330 | 34,232 | 18,573 | 20,327 | 30,085 | 30,349 | 34,480 | 36,598 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (1.33) | 3.07 | 9.62 | (1.30) | (16.74) | 1.96 | 16.83 | 5.12 | 2.97 | 1.90 | ||||
| ROIC | (3.96) | 2.89 | 12.25 | 0.11 | (18.17) | 4.75 | 17.63 | 5.99 | 4.30 | 3.43 | |||||
| ROE | (2.50) | 6.20 | 19.72 | (4.30) | (94.20) | 15.71 | 80.46 | 17.69 | 9.80 | 5.92 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Occidental Petroleum Corporation vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| COP ConocoPhillips | $170.3B | 19.4× | 11.7× | +32.44% (above 0%: growing) | +107.05% (above 0%: growing) | +407.29% (above 0%: growing) | 65.23% | 32.47% | Compare |
| EOG EOG Resources, Inc. | $80.1B | 12.2× | 7.8× | +57.36% (above 0%: growing) | +108.87% (above 0%: growing) | +1,090.95% (above 0%: growing) | 100.00% | 40.93% | Compare |
| OXY Occidental Petroleum Corporation | $60.7B | 9.5× | 7.6× | +53.39% (above 0%: growing) | +937.04% (above 0%: growing) | +92.71% (above 0%: growing) | 80.41% | 50.90% | |
| FANG Diamondback Energy, Inc. | $54.8B | 39.7× | 11.5× | +51.22% (above 0%: growing) | +179.41% (above 0%: growing) | +219.18% (above 0%: growing) | 88.04% | 45.16% | Compare |
| DVN Devon Energy Corporation | $54.2B | 12.0× | 8.8× | +73.13% (above 0%: growing) | +43.66% (above 0%: growing) | −130.16% (below 0%: shrinking) | 81.22% | 32.14% | Compare |
| WDS Woodside Energy Group Ltd | $44.1B | 3.6× | 11.1× | +196.99% (above 0%: growing) | +178.60% (above 0%: growing) | −173.74% (below 0%: shrinking) | 42.87% | 0.00% | Compare |
| EQT EQT Corporation | $32.8B | 12.5× | 10.8× | −29.24% (below 0%: shrinking) | −74.05% (below 0%: shrinking) | −42.53% (below 0%: shrinking) | 73.19% | 21.77% | Compare |
| TPL Texas Pacific Land Corporation | $23.9B | 44.7× | 42.5× | +31.20% (above 0%: growing) | +32.48% (above 0%: growing) | −63.88% (below 0%: shrinking) | 100.00% | 77.96% | Compare |
| EXE Expand Energy Corporation | $21.0B | 8.0× | 9.0× | −19.78% (below 0%: shrinking) | −46.19% (below 0%: shrinking) | −49.71% (below 0%: shrinking) | 72.91% | 22.33% | Compare |
| Median of peers | $49.1B | 12.4× | 11.0× | +41.83% | +75.35% | −46.12% | 77.21% | 32.31% |
OXY metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Occidental Petroleum Corporation (OXY) key facts
- Occidental Petroleum Corporation (OXY) is an Oil & Gas E&P company in the Energy sector, listed on the New York Stock Exchange.
- As of October 16, 2026, OXY traded at $62.46, a market capitalization of $60.7 billion.
- Occidental Petroleum Corporation pays an annual dividend of $1.04 per share, a yield of 1.67%, with a payout ratio of 16.1%.
- Return on equity was 5.92% and debt-to-equity 0.32.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.29 (distress zone) for fiscal 2025.