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

Insider Decisions trades per month

Total buys 0.44
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 1 — — — — — 1 — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.12%

Capital & Financial Ratios $m

Market Cap 60,650.00
Revenue 23,926.00
Net Income 7,311.00
Free Cash Flow 5,692.00
Net Debt 9,593.00
Current Ratio 1.41
Debt/Equity 0.32 (at or below 0.5: strong)
P/E ratio 9.48
Fwd P/E 7.55
P/S ratio 2.60
P/B ratio 1.83
Past 5Y EPS Growth —
This Y EPS Growth 205.87% (at or above 15%: strong)
Next Y EPS Growth (28.10%) (below 0%: weak)
Next Y revenue growth 23.37% (at or above 10%: strong)
Next 5Y EPS Growth 25.11% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 24.34%
10-year low 10-year high
P/S against its own 10 years 66.46%
10-year low 10-year high
P/B against its own 10 years 31.33%
10-year low 10-year high
EV/Sales against its own 10 years 41.58%
10-year low 10-year high
EV/FCF against its own 10 years 63.92%
10-year low 10-year high

Dividends

Payout Ratio 0.16
Annual Dividend Rate 1.04
Annual Dividend Yield 1.67%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.05
0.26
0.26
0.28
2025 0.96
0.24
0.24
0.24
0.24
2024 0.88
0.22
0.22
0.22
0.22
2023 0.72
0.18
0.18
0.18
0.18
2022 0.52
0.13
0.13
0.13
0.13
2021 0.04
0.01
0.01
0.01
0.01
2020 0.82
0.79
0.01
0.01
0.01
2019 3.14
0.78
0.78
0.79
0.79
2018 3.10
0.77
0.77
0.78
0.78
2017 3.06
0.76
0.76
0.77
0.77
2016 3.02
0.75
0.75
0.76
0.76
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,426 2,125 1,968 4,150
Receivables 4,097 3,559 3,259 4,044
Inventory 2,022 1,756 1,823 2,185
Other 830 1,630 1,777 753
8,375 9,070 8,827 11,132
2023 2024 2025 Q'26
Payables 3,646 3,472 3,285 3,572
ST’ Debt 1,202 1,138 1,773 203
Other — 663 778 —
9,148 9,521 9,428 7,892

Compound Annual Growth %

10y 5y 3y
Sales 5.64% 3.93% (16.16%)
Cash Flow 12.13% 21.64% (14.43%)
Earnings 0.00% 0.00% (49.38%)
Book Value 4.16% 14.53% 6.75%

Revenue $m

Mar Jun Sep Dec Year
’26 5,230 8,065 — — —
’25 5,704 5,258 6,624 4,007 21,593
’24 5,975 6,817 7,173 2,054 22,019
’23 7,225 6,702 7,158 2,071 23,156
’22 8,349 10,676 9,390 8,219 36,634
’21 5,293 5,958 6,792 7,913 25,956
’20 6,613 2,928 4,108 4,160 17,809
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,281 4,271 — — —
’25 2,148 2,960 2,790 2,634 10,532
’24 2,007 2,394 3,682 3,356 11,439
’23 2,870 3,070 3,129 3,239 12,308
’22 3,239 5,329 4,267 3,975 16,810
’21 910 3,314 3,118 3,092 10,434
’20 1,339 360 852 1,404 3,955
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (216) 2,696 — — —
’25 1,772 1,399 1,283 1,929 6,383
’24 322 673 3,513 2,341 6,849
’23 1,463 1,370 1,915 2,311 7,059
’22 2,381 4,357 3,682 2,477 12,897
’21 827 2,623 2,964 2,774 9,188
’20 39 (15) 606 3,071 3,701
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 3.13 2.75 — — —
’25 0.77 0.26 0.65 (0.07) 1.61
’24 0.75 1.03 0.98 (0.32) 2.44
’23 1.00 0.63 1.20 1.08 3.90
’22 4.65 3.47 2.52 1.74 12.40
’21 (0.36) (0.10) 0.65 1.37 1.58
’20 (2.49) (9.12) (4.07) (1.41) (17.06)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten 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
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.

All 10 years →

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%

All 73 Oil & Gas E&P stocks →

OXY metrics, ten years each

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.

Source: company filings (standardised) and stockrow calculations.

Occidental Petroleum Corporation (OXY) Latest News

stockrow.com/OXY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com