Occidental Petroleum Corporatio (OXY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Occidental Petroleum Corporatio

NYSE•Energy•Oil & Gas E&P

$59.29-0.07(<0.01%)Pre-market

Market Cap

$59.12B

P/E

8.1x

P/S

2.8x

P/B

1.4x

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. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Profitability (25/25); weakest: Growth (8/25).

Profitability25/25

Growth8/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality20/25

Strengths

Strong marginsHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.1x5y range 4.3x – 22.2x

Currently below its 19-quarter median.

P/S · 2.8x5y range 1.0x – 3.2x

Currently above its 20-quarter median.

P/B · 1.4x5y range 1.1x – 2.2x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Revenue Decline

Red Flag

TTM revenue has contracted 18.6% — significant decline indicating deteriorating demand.

Share Dilution

Red Flag

Shares outstanding increased 7.5% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $59.12B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $20.96B
Q. Revenue: $7.05B
TTM EBITDA: $12.50B
TTM Op. Income: $5.18B
Q. Op. Income: $3.78B
TTM Net Income: $7.31B
Q. Net Income: $3.00B
EPS: $2.8
Shares Out.: $997.10M

$20.96B in TTM revenue declined 22.7% YoY, reaching $7.05B last quarter. TTM EBITDA of $12.50B and TTM operating income of $5.18B show growth is flowing through to the bottom line. TTM net income of $7.31B means revenue is converting into profit. Over the past year, TTM revenue is down 23% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 79.8%
Op. Margin: 53.6%
Net Margin: 42.5%

Op. margin of 53.6% is up 42.3% YoY — cost efficiency is improving. Net margin at 42.5% Over the past year, operating margin is up 374% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 8.1x
P/S Ratio: 2.8x
P/B Ratio: 1.4x

At 8.1x P/E, the stock trades below typical market levels. P/S of 2.8x and P/B of 1.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $80.36B
Cash: $4.15B
Long-Term Debt: $13.54B
Book Value: $41.75B
D/E Ratio: 0.3
Debt/EBITDA: 2.4

With $80.36B in assets and $13.54B in long-term debt, D/E is 0.3and book value is $41.75B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $5.09B
TTM Free Cash Flow: $5.31B
FCF Margin: 25.3%
FCF / Net Income: 0.7

TTM FCF of $5.31B on $5.09B in operating cash flow. The FCF / Net Income ratio of 0.7x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 5% — an improving trend.