NYSE · OXY

Occidental Petroleum Corporation

Energy · Oil & Gas Exploration & Production

$64.00▲ 1.57% ($0.99)at close

After hours$63.88▼ 0.19%7:59 PM ET

52-week

$38.80$67.45

Market cap

$63.98B

P/E

8.93

EPS (TTM)

$7.17

Valuation

Revenue & margin DCF

The price needs 3.5% revenue growth a year for 10 years. Our scenarios assume 0.8–4.4%.

Its past 4 years averaged −4.5% a year.

Value per share

Base case

$50.25

Price used $64.00 is 27% above this

USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC

Revenue each value needs

Revenue in 2036

today $25.2B

Price needs$35.4B

Recent pace$15.9B

Base$28.3B

+$7.1Bmore than the Base case · 1.3×

Value per share · Base case

$50.25

Price $64.00
27% above this

10-yr revenue CAGR: 1.2%
Ending operating margin: 23.0%
Discount rate: 6.4%

USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC

What each scenario assumes. Click a column to start from it.

Choosing a scenario changes the estimate above. Your own case is kept.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 57.25%Revenue (TTM): -6.87%FCF (TTM): 5.69%P/FCF: 50th pct

What changed

The stock rose 57.25% over the last year. Revenue declined 6.87% over the trailing twelve months. Operating margin moved from 19.55% to 23.01%. Free cash flow grew 5.69% over the trailing twelve months.

What the market seems to be pricing

The stock has moved higher with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at 23.01%. A decisive move in revenue — currently down 6.87% — would be the clearest signal to resolve the ambiguity.

Return analysis

Company profile

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally.

CEORichard A. Jackson

SectorEnergy

IndustryOil & Gas Exploration & Production

Employees10,412

IPO dateDec 31, 1981

https://www.oxy.com

Market multiples

Forward P/E—

EV/EBITDA (FY2025 year-end)5.37

Enterprise value (FY2025 year-end)$62.08B

Stock splits

Dec 1, 2014↑ Forward

Every 500 shares became 521

+4%

Aug 16, 2006↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth (Q2 FY26 YoY)31.82%

Gross margin (FY2025)33.78%▼2.6ppvs FY2024

Operating margin (FY2025)17.24%▼4.1ppvs FY2024

ROE (TTM to Jun 2026)18.73%▲12.0ppvs FY2025

Analyst consensus

RatingBuy

Target price$70.79▲10.61%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Actuals vs estimates by quarter, or any quarter against the same one a year earlier.

Next report

Nov 9, 2026

Q3 FY26 · EPS est $1.45 · Revenue est $6.8B

Same quarter, year over year

FY26 YTD +174.6%

Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $3.46 vs $1.26 · all 2 quarters up

FY total

FY26

—

FY25

$2.21-36.1%

FY24

$3.46—

FY23

—

Fiscal year totals

FY25: $2.21; -36.1%
FY24: $3.46; —

SlowerFaster growth(darkest from 56%)

BeatMissIn lineYear-ago cell

Q2 FY26

Reported Aug 5, 2026 · Latest

HoverTap a cell to inspect

Actual

$2.40

Beat by 31.1%

Estimate

$1.83

Street consensus

Year over year

+515.4%

vs Q2 FY25 · $0.39

Vs prior quarter

+126.4%

vs Q1 FY26 · $1.06

Price range $48.57-$62.97 · daily closes Apr 1-Jun 30

Implied at 14.5x street P/E $64.00 · street TTM EPS × current multiple

Institutional Sentiment

Occidental Petroleum Corporation · OXY

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.

NYSE · OXY

Occidental Petroleum Corporation

Energy · Oil & Gas Exploration & Production

$64.00▲ 1.57% ($0.99)at close

After hours$63.88▼ 0.19%7:59 PM ET

52-week

$38.80$67.45

Market cap

$63.98B

P/E

8.93

EPS (TTM)

$7.17

Valuation

Revenue & margin DCF

The price needs 3.5% revenue growth a year for 10 years. Our scenarios assume 0.8–4.4%.

Its past 4 years averaged −4.5% a year.

Value per share

Base case

$50.25

Price used $64.00 is 27% above this

USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC

Revenue each value needs

Revenue in 2036

today $25.2B

Price needs$35.4B

Recent pace$15.9B

Base$28.3B

+$7.1Bmore than the Base case · 1.3×

Value per share · Base case

$50.25

Price $64.00
27% above this

10-yr revenue CAGR: 1.2%
Ending operating margin: 23.0%
Discount rate: 6.4%

USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC

What each scenario assumes. Click a column to start from it.

Choosing a scenario changes the estimate above. Your own case is kept.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 57.25%Revenue (TTM): -6.87%FCF (TTM): 5.69%P/FCF: 50th pct

What changed

What the market seems to be pricing

What would invalidate this read

Operating margin currently stands at 23.01%. A decisive move in revenue — currently down 6.87% — would be the clearest signal to resolve the ambiguity.

Return analysis

Company profile

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally.

CEORichard A. Jackson

SectorEnergy

IndustryOil & Gas Exploration & Production

Employees10,412

IPO dateDec 31, 1981

https://www.oxy.com

Market multiples

Forward P/E—

EV/EBITDA (FY2025 year-end)5.37

Enterprise value (FY2025 year-end)$62.08B

Stock splits

Dec 1, 2014↑ Forward

Every 500 shares became 521

+4%

Aug 16, 2006↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth (Q2 FY26 YoY)31.82%

Gross margin (FY2025)33.78%▼2.6ppvs FY2024

Operating margin (FY2025)17.24%▼4.1ppvs FY2024

ROE (TTM to Jun 2026)18.73%▲12.0ppvs FY2025

Analyst consensus

RatingBuy

Target price$70.79▲10.61%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Actuals vs estimates by quarter, or any quarter against the same one a year earlier.

Next report

Nov 9, 2026

Q3 FY26 · EPS est $1.45 · Revenue est $6.8B

Same quarter, year over year

FY26 YTD +174.6%

Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $3.46 vs $1.26 · all 2 quarters up

FY total

FY26

—

FY25

$2.21-36.1%

FY24

$3.46—

FY23

—

Fiscal year totals

FY25: $2.21; -36.1%
FY24: $3.46; —

SlowerFaster growth(darkest from 56%)

BeatMissIn lineYear-ago cell

Q2 FY26

Reported Aug 5, 2026 · Latest

HoverTap a cell to inspect

Actual

$2.40

Beat by 31.1%

Estimate

$1.83

Street consensus

Year over year

+515.4%

vs Q2 FY25 · $0.39

Vs prior quarter

+126.4%

vs Q1 FY26 · $1.06

Price range $48.57-$62.97 · daily closes Apr 1-Jun 30

Implied at 14.5x street P/E $64.00 · street TTM EPS × current multiple

Institutional Sentiment

Occidental Petroleum Corporation · OXY

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.