Occidental (OXY): analysis in plain words
Is Occidental cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Occidental (OXY) is listed on the NYSE and we classify it in oil and gas. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Occidental according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Occidental (OXY) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $57.33 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 16.3x | Price over earnings per share |
| Revenue growth | +53.4% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 30.3% | Profit for every 100 of sales |
| Net debt / EBITDA | 0.8x | Years of operating profit to repay debt |
| Dividend yield | 1.85% | Annual dividend over price |
| Market cap | $57.3 billion | What the stock market values it at |
The Occidental figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any OXY figure that is not available shows as N/A: we do not estimate it.
How Occidental makes money
Occidental Petroleum, or Oxy, produces oil and gas, mainly in the Permian Basin of the United States and in the Middle East. Oil and Gas is its main segment, while Midstream and Marketing moves and sells crude and gas. The company is also developing carbon capture projects.
Over the last 12 months, Occidental brought in revenue of $23.9 billion. For every 100 it sells, Occidental keeps 73.3 after the direct cost of what it sells (gross margin) and 45.4 after all operating costs (operating margin). With 10,412 full-time employees, that is about $2 million of revenue per employee.
Occidental against its sector
To know whether a Occidental figure is high or low you have to put it next to similar companies. This table compares Occidental with the median of the 14 oil and gas companies Fintols covers, with data as of November 4, 2026.
| Figure | Occidental | oil and gas median |
|---|---|---|
| P/E | 16.3x | 16.1x (14) |
| Revenue growth | +53.4% | +38.3% (14) |
| Net margin | 30.3% | 10.5% (14) |
| Dividend yield | 1.85% | 2.52% (14) |
| Net debt / EBITDA | 0.8x | 0.6x (13) |
In short, against the typical oil and gas company, Occidental grows faster, earns a wider margin and pays a lower dividend yield. By size, Occidental ranks number 11 of 11 oil and gas companies quoted in USD on Fintols.
The bull case for Occidental
What works in favour of Occidental, according to its figures as of November 4, 2026:
- Occidental grew sales +53.4% in its latest quarter against the same quarter a year earlier, while the median oil and gas company Fintols tracks grew +38.3%.
- Occidental keeps 30.3 of every 100 it sells as net profit, against 10.5 for the median oil and gas company: a margin like that leaves money to invest, buy back shares or pay dividends.
- Occidental generates real cash: $3.8 billion of free cash flow over 12 months, 6.6% of its stock market value.
The main risk for Occidental
The Occidental figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: oil and gas prices, which it does not control and which swing its profit year to year, plus the energy transition.
Frequently asked questions about Occidental
Is it a good time to buy Occidental stock?
Fintols does not tell you whether to buy or sell Occidental, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Occidental stock trades at $57.33, 15% below its 52-week high ($67.45) and 48% above its low ($38.80). Its P/E is 16.3x against a oil and gas median of 16.1x, and 11.4x on the earnings analysts expect over the next 12 months. With Occidental, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Occidental pay a dividend?
Yes. As of November 4, 2026, Occidental pays $1.12 per share a year, which at today's price is a yield of 1.85%. It uses 28% of its profit to pay it, which leaves room to keep paying it if profit dips. Its average dividend yield over the last five years is 0.65%. The oil and gas median on Fintols is 2.52%.
Is Occidental stock expensive?
It depends on what you compare it with. On P/E, Occidental trades at 16.3x its last 12 months of earnings: in line with the oil and gas median (16.1x). Including its debt, Occidental is valued at 5.8x its EBITDA (EV/EBITDA). A high P/E alone does not make Occidental expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Occidental's competitors?
On Fintols we compare Occidental with ConocoPhillips, ExxonMobil and Chevron, which are also in oil and gas. As of November 4, 2026, ConocoPhillips is worth $164.5 billion and trades on a P/E of 18.1; ExxonMobil is worth $690.5 billion and trades on a P/E of 17.4; Chevron is worth $423.3 billion and trades on a P/E of 15.9. Each has a side-by-side comparison with Occidental below.
Occidental competitors
- ConocoPhillips (COP) analysis · Occidental vs ConocoPhillips comparison
- ExxonMobil (XOM) analysis · Occidental vs ExxonMobil comparison
- Chevron (CVX) analysis · Occidental vs Chevron comparison
To understand Occidental better
- Dividend Growth Investing: FCF Payout Ratio and Compounding
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like Occidental: oil and gas stocks and S&P 500 companies. Open the full OXY analysis with its valuation and scenarios. Educational content about Occidental, not investment advice.