OXY
Occidental Petroleum Corporation
$62.72
+0.55% 2026-10-19
EnergyS&P 500
OXYSPY
1W
+2.6%
1M
+6.6%
3M
+14.2%
6M
+16.2%
YTD
+54.7%
1Y
+56.4%
Grades vs sector
Momentum54th pct in sectorC+
Momentum
54th pct in sector
12-1 return: +36.9%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Growth78th pct in sectorB+
Growth
78th pct in sector
Revenue growth (YoY): +53.4%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Value64th pct in sectorB-
Value
64th pct in sector
Forward E/P: 7.6% · EBITDA/EV: 16.8%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Profitability63rd pct in sectorB-
Profitability
63rd pct in sector
Profit margin: +30.3% · Return on equity: +10.6%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Revisionsno data–
Revisions
no data
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
Our models
Not held by any of our 3 live models right now.
Momentum Top 15
rank 141 of 499 · 12-1 momentum % 29.3
Quality Growthnot ranked (outside this model's universe or screens)
Momentum Blendnot in the current book
Key stats
Market cap$62.7B
P/E (trailing)17.8
P/E (forward)13.0
52-week range38.80 – 67.45
Revenue growth (YoY, latest qtr)+53.4%
Dividend yield1.80%
Analyst consensusBuy (26)
Mean price target$69.88 (+11%)
Valuation & fundamentals
Bottom line
Leans undervalued
Model read-out from the numbers below, not advice. Score +2 (DCF counts double).
▲DCF (base case)above the price by 132%
•Forward P/E vs sector13.0x vs median 13.6x
•Piotroski F-score5/9
•Analyst target+11% (26 analysts)
Discounted cash flow
CyclicalValued on average-cycle margins
Oil & Gas Exploration & Production profits swing with the business cycle, so one year's cash flow can be far above or below normal. Instead of the last 12 months' free cash flow (4.8B, a 20% margin), the DCF and reverse DCF use the average free-cash-flow margin over FY2016–FY2025 (10 years: 17.8%) times current revenue = 4.3B. On trailing cash flow the base case would be $165; on mid-cycle cash flow it is $145. Glossary
Bear
$75
+19%
growth 11% · disc. 10.2% · term. 2.0%
Base
$145
+132%
growth 19% · disc. 9.2% · term. 2.5%
Bull
$249
+297%
growth 23% · disc. 8.2% · term. 3.0%
Starting cash flow is mid-cycle: 17.8% average margin × current revenue = 4.3B (last 12 months: 4.8B at a 20% margin). On trailing cash flow the base case would be $165.
Reverse DCFfor context, not a signal
A normal DCF guesses future cash flows and works out a price. A reverse DCF runs it backwards: it starts from today's price and asks how fast free cash flow would have to grow to justify it. It tells you what the market is assuming, not whether the stock is cheap or expensive, and it is not a buy or sell signal. Glossary
Today's price assumes free cash flow grows about 4% a year for 10 years.
Implied
+4%/yr
FCF, last 3 yrs
-31%/yr
FCF, last 5 yrs
+24%/yr
Revenue, last 3 yrs
-16%/yr
Revenue, last 5 yrs
+4%/yr
Same inputs as the DCF above: mid-cycle free cash flow 4.3B, 9.2% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–
Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.24 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs Energy
P/E (trailing)
pricier
sector median 17.7× · 51st pct
17.8×pricier
Forward P/E
cheaper
sector median 13.6× · 45th pct
13.0×cheaper
EV / EBITDA
sector median 8.1×
–Price / sales
pricier
sector median 2.2× · 58th pct
2.6×pricier
Price / book
cheaper
sector median 1.9× · 33rd pct
1.5×cheaper
FCF yield
pricier
sector median 7.7% · 49th pct
7.6%pricier
Forward EPS $4.84 vs trailing $3.52 (+38% expected growth). Forward P/E uses analysts' next-12-month estimate.
Backlog (remaining performance obligations)
RPO
$264.0M
as of 2020-09-30
vs a year ago
–
YoY
× TTM revenue
0.01×
coverage
Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).
Quality & financial health
Gross margin
87.7%
Operating margin
–
FCF margin
20.0%
Net margin
18.1%
Return on equity
10.4%
Return on invested capital
–
Net debt / EBITDA
–
Current ratio
1.4×
Interest cover
–
Cash conversion (OCF/NI)
2.5×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✗ Gross margin improved✓ Asset turnover improved
Analysts
Mean target
$70
+11%
Analysts
26
Buy
Range
$59–$82
low – high
● price · ◆ mean target
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $21.6B | – | $4.1B |
| 2024 | $22.0B | – | $5.2B |
| 2023 | $23.2B | $4.7B | $6.6B |
| 2022 | $36.6B | $13.3B | $12.3B |
| 2021 | $26.0B | $2.3B | $7.6B |
| 2020 | $17.8B | $-14.8B | $1.4B |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -16.2%.
Earnings
Next report: 2026-11-09 · during market · EPS est 1.41
EstimateActual (beat)Actual (miss)
| Report | EPS est | Actual | Surprise |
|---|---|---|---|
| 2026-08-05 | 1.85 | 2.40 | +29.8% |
| 2026-05-05 | 0.59 | 1.06 | +80.3% |
| 2026-02-18 | 0.17 | 0.31 | +83.8% |
| 2025-11-10 | 0.52 | 0.64 | +22.7% |
| 2025-08-06 | 0.31 | 0.39 | +24.8% |
| 2025-05-07 | 0.76 | 0.87 | +14.0% |
| 2025-02-18 | 0.67 | 0.80 | +19.4% |
| 2024-11-12 | 0.75 | 1.00 | +33.2% |
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-06-30 | $8.1B | +53.4% |
| 2026-03-31 | $5.2B | – |
| 2025-12-31 | $1.8B | – |
| 2025-09-30 | $6.6B | – |
| 2025-06-30 | $5.3B | – |
Analyst actions
Stephens & Co.
PT $80
2026-10-19 · main
Overweight → OverweightPT $80
Morgan Stanley
PT $71
2026-10-15 · main
Equal-Weight → Equal-WeightPT $71
Truist Securities
PT $64
2026-10-15 · main
Hold → HoldPT $64
UBS
PT $73
2026-10-14 · main
Neutral → NeutralPT $73
Goldman Sachs
PT $69
2026-10-01 · up
Neutral → BuyPT $69
UBS
PT $67
2026-09-14 · main
Neutral → NeutralPT $67
Recent dividends
2026-09-10: $0.280 · 2026-06-10: $0.260 · 2026-03-10: $0.260 · 2025-12-10: $0.240 · 2025-09-10: $0.240 · 2025-06-10: $0.240 · 2025-03-10: $0.240 · 2024-12-10: $0.220
Insider trades
None
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None · None
SELL–
None
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None · None
SELL–
None
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None · None
SELL–
News
What Is The Market Seeing In Texas Pacific Land Stock?
Trefis · 20h ago
Surging Earnings Estimates Signal Upside for Occidental (OXY) Stock
Zacks · 20h ago
Roth Capital Upgrades Occidental Petroleum to Buy From Neutral, $70 Price Target
MT Newswires · Oct 19
Venezuela expects $76 billion oil investment boost amid U.S. cooperation
Investing.com · Oct 18
OXY or DTM: Which Is the Better Value Stock Right Now?
Zacks · Oct 16
Capital One Adjusts Price Target on Occidental Petroleum to $73 From $75
MT Newswires · Oct 16
Are Investors Undervaluing Occidental Petroleum (OXY) Right Now?
Zacks · Oct 16
Will Occidental (OXY) Beat Estimates Again in Its Next Earnings Report?
Zacks · Oct 15
Should You Buy Occidental Petroleum Stock For Its Cash?
Trefis · Oct 14
Occidental Petroleum's Rockies Output Seen Offsetting Gulf of America Headwinds, UBS Says
MT Newswires · Oct 14
Stats refreshed 2026-10-19 19:01:58 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
coteau
Coteau Systematic StrategiesSystematic equity research and model portfolios.Coteau Systematic Strategies publishes research, model portfolios and tools. It does not manage money or offer investment advice. Model results are hypothetical. Data: Yahoo Finance (delayed), SEC EDGAR.