Loading…
US oil and gas producer (Permian focus) with a chemicals arm and a growing carbon-capture business.
US oil and gas producer (Permian focus) with a chemicals arm and a growing carbon-capture business.
Earns most from selling oil, gas and natural gas liquids, while OxyChem, a chlorine and PVC chemicals business, adds income that holds up better when oil falls. Berkshire Hathaway is the largest shareholder and holds preferred shares from the 2019 financing of the Anadarko purchase. The 2024 purchase of CrownRock added Permian acreage.
Moat: narrow (scale, IP / patents, process know-how). Large Permian acreage plus early leadership in direct-air-capture technology differentiate it from peers.
Headquarters: Houston, Texas, US · Founded: 1920 · Employees: 10,412
Size Occidental Petroleum (OXY) is a United States Energy company (Integrated Oil) with a market value of $56.4B, the 231st largest of 3,117 United States companies the cockpit tracks. Shares closed at $56.38 on 6 Nov 2026.
Performance Over six months the shares gained 6.8%, against -0.3% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue fell 10.7% over the last twelve months (peer median +17.4%); the operating margin is 23.1% (peer median 24.0%).
Valuation It trades at 9.1× forward earnings against a peer median of 7.7× (6th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.6 points above its cost of capital (6.2% WACC).
Short interest Short interest is 2.4% of the free float (15 Oct 2026).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $24.3B | $21.6B | $22.4B | $28.3B | $36.3B |
| Revenue growth | — | -4% | -21% | -22% | — |
| Gross profit | $9.26B | $7.26B | $8.39B | $9.74B | $17.0B |
| EBITDA | $13.3B | $11.3B | $12.1B | $13.7B | $20.3B |
| Net income | $4.09B | $2.29B | $3.04B | $4.67B | $13.2B |
| Free cash flow | $5.31B | $4.11B | $5.18B | $6.04B | $12.3B |
| Capital expenditure | $5.66B | $6.43B | $6.26B | $6.27B | $4.50B |
| Total debt | $14.6B | $23.4B | $26.9B | $20.9B | $20.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Occidental Petroleum OXY | $56.4B | +7% | -11% | 23% | 9.1× | -2.5% |
| ConocoPhillips COP | $164B | +21% | +9% | 22% | 11.5× | -6.2% |
| Devon Energy DVN | $46.4B | -7% | +18% | 24% | 7.6× | 0.9% |
| EOG Resources EOG | $77.2B | +13% | +17% | 35% | 8.3× | -13.5% |
| Diamondback Energy FANG | $50.0B | -5% | +21% | 39% | 7.9× | -5.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | OXY | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.5% | -4.8% | 10th lowest of 21 |
| 6-month return | +6.8% | -0.3% | 8th highest of 21 |
| Distance from 52-week high | -16.0% | -18.9% | 9th highest of 21 |
| Revenue growth (TTM) | -10.7% | +17.4% | 2nd lowest of 21 |
| Operating margin | 23.1% | 24.0% | 10th lowest of 21 |
| Forward P/E | 9.1× | 7.7× | 6th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -2.5% | -12.6% | 7th most demanding of 20 |
| Growth delivered (Del g) | +4.7% | +18.1% | lowest of 20 |
| Hurdle (Req g minus delivered) | -7.2 pp | -30.6 pp | most demanding of 20 |
| ROIC minus cost of capital | +1.6 pp | +11.9 pp | 4th lowest of 21 |
| EV / EBITDA | 5.7× | 4.2× | 6th most expensive of 21 |
| Net debt / EBITDA | 0.8× | 0.7× | 10th most indebted of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Occidental Petroleum OXY | United States | $56.4B | +7% | -11% | 23% | 9.1× | -2.5% | +4.7% |
| Imperial Oil IMO.TO | Canada | $59.5B | +3% | +19% | 14% | 10.5× | -0.2% | +17.1% |
| Cenovus Energy CVE.TO | Canada | $50.2B | 0% | +12% | 21% | 6.7× | -14.4% | +29.7% |
| Devon Energy DVN | United States | $46.4B | -7% | +18% | 24% | 7.6× | 0.9% | +31.5% |
| EOG Resources EOG | United States | $77.2B | +13% | +17% | 35% | 8.3× | -13.5% | +17.9% |
| Suncor Energy SU.TO | Canada | $81.0B | +12% | +27% | 24% | 8.6× | -11.7% | +14.7% |
| Repsol REP.MC | Spain | $36.2B | +34% | +24% | 13% | 4.7× | -20.1% | +10.5% |
| Ecopetrol SA Sponsored ADR EC | United States | $32.6B | +23% | +6% | 22% | 6.5× | -6.7% | +15.9% |
| Canadian Natural Resources CNQ.TO | Canada | $101B | +12% | +18% | 27% | 10.3× | 2.8% | +18.1% |
| Equinor EQNR.OL | Norway | $102B | +12% | +2% | 33% | 7.2× | -15.4% | +20.7% |
| EQT EQT | United States | $30.9B | -12% | +18% | 42% | 16.0× | -1.9% | +25.7% |
| Oil & Natural Gas ONGC.NS | India | $30.8B | -18% | +7% | 9% | 5.6× | -12.6% | +14.9% |
| Bp PLC BP..L | United Kingdom | $116B | +2% | +23% | 13% | 5.4× | -16.3% | +11.7% |
| Petroleo Brasileiro SA Sponsored ADR PBR | United States | $118B | -9% | +21% | 35% | 3.7× | -19.8% | +11.0% |
| Inpex 1605.T | Japan | $25.9B | -16% | -8% | 49% | 7.4× | -14.4% | +21.1% |
| CNOOC 600938.SS | China | $141B | -22% | +7% | 46% | 9.0× | -21.8% | +20.6% |
| Indian Oil IOC.NS | India | $21.9B | 0% | +23% | 7% | 20.8× | -2.3% | +16.4% |
| Aker BP AKRBP.OL | Norway | $21.6B | -8% | +4% | 70% | 7.8× | -15.4% | +32.7% |
| Expand Energy EXE | United States | $19.5B | -11% | +20% | 20% | 10.8× | -7.6% | +20.3% |
| Permian Resources PR | United States | $18.2B | +10% | +13% | 36% | 8.1× | -2.0% | +54.2% |
| YPF SA Sponsored ADR YPF | United States | $17.8B | -9% | -14% | 22% | 4.9× | n/a | n/a |