NYSE: OXY
Occidental Petroleum Corporation
Energy · Oil & Gas Exploration & Production
Market Cap
$51.54B
52w High
$67.45
52w Low
$38.80
P/E
11.01
Volume
13.74M
Outstanding Shares
994.63M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 14.27% over the last year. Revenue declined 16.27% over the trailing twelve months. Operating margin moved from 22.52% to 12.39%. Free cash flow declined 23.9% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 63rd percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 12.39%) would need to stabilize or improve to justify the move. Revenue is declining 16.27% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Occidental Petroleum Corporation, along with its various subsidiaries, primarily focuses on the discovery, acquisition, and development of oil and natural gas resources.
Valuation
Stock splits
Every 500 shares became 521
Every 1 shares became 2
Profitability & growth
Analyst consensus
25
Buy
23
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 5, 2026
Q3 FY26 · EPS est $1.88 · Revenue est $7.22B
View
Dividends
$1.00/shareQuarterly5yr growth streakSafeOXY pays a dividend with a 1.93% dividend yield, 5 consecutive years of growth, growing at 90.37% annually, covered 2.6× by free cash flow.
Dividend Yield
1.93%
Annual Div / Share
$1.00
5yr CAGR
+90.37%
Doubles every ~1.1yr
Payout Ratio
34.47%
Safe
Dividend Growth Rate
3yr CAGR
+17.27%
5yr CAGR
+90.37%
10yr CAGR
-10.4%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$3/mo
In 10 yrs
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$19/yr $2/mo | $34/yr+76% $3/mo | $60/yr+211% $5/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 1.93% → 5.99% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 2.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 90.37% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.