Occidental Petroleum Corporation (OXY) Stock

Occidental Petroleum Corporation (OXY) is a Energy stock trading at $61.52 (as of 2026-08-20), with a market capitalization of $61.19B and a trailing P/E of 12.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Occidental Petroleum Corporation and its subsidiaries acquire, explore, and develop oil and gas properties and operate across the Oil and Gas, Chemical, and Midstream and Marketing segments. It produces oil, natural gas liquids, and natural gas, manufactures and markets basic chemicals, and gathers, processes, transports, stores, and markets hydrocarbons, carbon dioxide, and power.

Understand Occidental Petroleum Corporation: how it makes money

Occidental Petroleum acquires, explores, and develops oil and gas properties to produce oil, condensate, NGLs, and natural gas, and it also earns from chemical manufacturing and marketing, plus midstream and marketing activities.

The profit engine is anchored in the Oil and Gas business, as the operating performance metric provided is Oil and gas pre-tax income (segment).

Business quality (Weak): Strong structural clarity on the three reported segments, but the provided facts only include an Oil and gas pre-tax income operating metric, with limited segment revenue detail.

Valuation: At 13× earnings, OXY trades 27% below the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.

Bull case

  • Three-segment business model: The company operates through Oil and Gas, Chemical, and Midstream and Marketing segments, giving multiple sources of earnings within its reported structure.
  • Oil and gas results are explicitly tracked: Investors can focus on Oil and gas pre-tax income (segment), an operational metric tied to exploration, development, and production activities.

Bear case

  • Dependence on oil and gas economics: Because the key operating metric provided is Oil and gas pre-tax income (segment), results can be sensitive to how oil and gas operations perform.
  • Operating margin is moderate in the latest quarter: The latest quarter shows operating margin of 7.5%, which can limit resilience if business conditions worsen.
Valuation — source: SEC EDGAR (first-party)
Price$61.52
Market Cap$61.19B
P/E Ratio12.8
EV / EBITDA7.6
Price / Book1.55
Price / Sales3.06
FCF Yield5.9%
DCF Value (model)$91.86
DCF Upside vs Price49.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$21.59B
Net Margin11.0%
Revenue Growth (YoY)-23.1%
EPS Growth (YoY)293.8%
FCF Growth (YoY)-213.8%
Financial Health — source: SEC EDGAR
Altman Z-Score1.50 (distress)
Valuation vs Sector & Industry
Stock P/E12.8
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
vs Sector-23.7%
vs Industry-23.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBerkshire Hathaway Inc ($17.22B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOVicki A. Hollub
Employees13,323
CountryUS
IPO Date1981-12-31

Related Companies (Business model: Exploration & Production (Upstream Oil & Gas); 8 closest by market cap; US-domiciled)

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OXY earnings history · OXY institutional & insider holders · OXY KPIs & operating metrics · OXY financials · OXY investor presentations & press releases · OXY SEC filings · OXY peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.