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Occidental Petroleum

NASDAQ: OXY
Energy Oil & Gas
$59.62
+2.78 (+4.89%)
Updated 5/16/2026, 9:31:13 PM
Occidental Petroleum is the 51st largest stock tracked on DollarScout by market cap
Market cap: $59.30B · Rank 51 of 60
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Key stats

Market cap
$59.30B
Revenue (TTM)
Net income (TTM)
P/E ratio
12.52
EPS (TTM)
4.71
Dividend yield
2.74%
Beta (5Y)
0.16
Shares outstanding
991.70M
52W high
$67.45
52W low
$38.80
Day open
$57.93
Previous close
$56.84

Price chart

About Occidental Petroleum

Energy

Company profile

IPO date
Mar 3, 1964

Energy peers

How OXY compares to other large companies in the same sector.

Company Price Today Market cap P/E
XOM
Exxon Mobil Corporation
$157.92 +3.36% $620.32B 25.86
CVX
Chevron Corporation
$191.10 +2.39% $380.59B 34.57
COP
ConocoPhillips
$122.41 +2.89% $149.13B 20.37

Wall Street analyst ratings

Hold
Buy12
Hold16
Sell3
Based on 31 Wall Street analyst ratings

DollarScout analysis

Editorial, not advice. See our methodology.

Occidental Petroleum is a major player in the oil and gas industry, involved in the exploration and production of hydrocarbons. It matters because it operates in a sector critical to global energy needs. The single biggest thing investors should know today is that despite its high P/E ratio, analysts currently rate the stock as a 'Buy' with a bullish price trend.

Bull case

Occidental Petroleum's competitive moat lies in its strategic assets and deep expertise in oil and gas exploration and production. The company benefits from its scale and established presence in resource-rich regions, positioning it well to capitalize on rising energy demands. Growth drivers include potential increases in oil prices and strategic acquisitions, which could enhance its production capacity. Additionally, Occidental’s investment in carbon capture technology could offer a sustainable growth avenue in a transitioning energy landscape. Despite a P/E ratio higher than industry peers, its dividend yield of 2.788% and bullish sentiment from analysts provide valuation support for long-term investors.

Bear case

One risk for Occidental Petroleum is its exposure to volatile oil prices, which can impact revenues and profitability. The company's P/E ratio of 24.58 suggests it might be overvalued compared to some peers, especially if earnings do not grow as expected. Competitors like ExxonMobil and Chevron have larger diversified portfolios, potentially offering more stability and competitive pressure. Additionally, the transition to renewable energy poses a long-term threat, as global policy shifts may favor investments in cleaner alternatives over traditional oil and gas. Regulatory challenges and environmental concerns also remain key risks that could hamper Occidental’s operations and stock performance.

Who should buy OXY

Occidental Petroleum is suitable for investors seeking exposure to the oil and gas sector, particularly those bullish on energy prices and industry recovery. It's a good fit for long-term investors who appreciate dividend income and have tolerance for commodity price volatility, especially with a view that the company's carbon capture initiatives could play a role in a diversified energy portfolio.

Key risks

- High dependency on fluctuating oil prices impacting revenue. - Elevated P/E ratio indicating potential overvaluation risk. - Transition to renewable energy posing a long-term competitive threat. - Regulatory and environmental challenges potentially increasing operational costs.

Where to buy OXY

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Recent OXY news

Oil, Geopolitics, and Occidental Petroleum: Here's Where the Stock Could Be in 12 Months

Occidental Petroleum has multiple upside catalysts.

Yahoo · 5/16/2026
2 Overlooked Oil Stocks to Buy Now Before They Soar

Occidental Petroleum and Ardmore Shipping are both benefiting from higher oil prices.

Yahoo · 5/16/2026
Chevron's CEO Is Warning of a 1970s-Style Oil Crisis. These 3 Energy Stocks Could Surge Before Summer.

Before you're stuck in a gas line, here's how to profit from Mike Wirth's downbeat forecast.

Yahoo · 5/16/2026
Western Midstream Partners: I Prefer This MLP Over Enterprise Products Partners And Energy Transfer

Western Midstream Partners (WES) yields 8.35% with 5–8% distribution growth; Q1 beat and Brazos deal boost returns. See here for more details.

SeekingAlpha · 5/16/2026
Tracking Berkshire Hathaway Portfolio - Q1 2026 Update

Berkshire Hathaway’s Q1 2026 13F: portfolio shrank to $263B, bigger Alphabet stake, Chevron cut, and exits from AMZN/DPZ/UNH—read more.

SeekingAlpha · 5/15/2026
S&P 500 Ekes Out Seventh Consecutive Weekly Gain as Energy Leads

The Standard & Poor's 500 index edged up 0.1% this week, its seventh consecutive weekly gain, as a s

Yahoo · 5/15/2026
Stocks Settle Sharply Lower as Bond Yields Jump on Inflation Fears

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.54%. June E-mini S&P futures (ESM26 ) fell -1.26%, and June E-mini Nasdaq futures...

Yahoo · 5/15/2026
Buffett Steps Aside: Abel's First Berkshire 13F Buys Delta Air Lines, Exits Visa And Mastercard

Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) is no longer run by Warren Buffett, with Greg Abel as CEO. New positions in Delta, Macy's, Alphabet C. Exits include Visa, Mastercard, UnitedHealth, Domino's, Aon, Pool, Amazon, Heico, Formula One.

Benzinga · 5/15/2026

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