Occidental Petroleum
OXY NYSE· Oil & Gas Exploration & Production
Last close · Oct 26, 2026
$64.07
KIRA · Stoqly’s AI analyst, in plain words
- Occidental Petroleum had $21.6B of revenue in fiscal 2025, down 1.9% on the year before. Over five years, revenue changed +3.9% a year on average.
- Occidental Petroleum made $2.4B of net profit in fiscal 2025.
- Free cash flow was $4.1B in fiscal 2025, 19.0% of revenue.
- Occidental Petroleum returned $1.6B to shareholders in fiscal 2025, 39% of free cash flow. The diluted share count rose 3.4%.
- Occidental Petroleum owes $20.4B more than it holds in cash, about 1.7 years of operating profit.
Market cap
$64.9B
P/E
9.9x
Revenue
$21.6B
Net income
$2.4B
Free cash flow
$4.1B
Operating margin
—
Occidental Petroleum in 30 seconds · fiscal 2025
Are sales growing?
−1.9%
No. Sales fell 1.9% last year.
Does it make a profit?
11.0%
Yes. It keeps 11.0% of every sale as profit.
Does profit turn into cash?
19.0%
Yes. 19.0% of sales ends up as free cash.
Is debt under control?
1.7x
Keep an eye on it. Repaying its debt would take 1.7 years of operating profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
9.9x
One share costs 9.9 times its yearly profit per share. Typical for its sector: 17.4x.
What Occidental Petroleum does
Occidental, known as Oxy, is an energy company that finds and produces oil, natural gas and natural gas liquids. Its assets are mostly in the United States, the Middle East and North Africa. It says it is among the largest oil and gas producers in the United States, with positions in the Permian and DJ Basins and the offshore Gulf of America, and that it is the largest independent oil producer in Oman. Its business has two reportable segments, oil and gas, and midstream and marketing. The midstream and marketing segment moves and sells the company's oil and gas and tries to get the best value from them. A subsidiary in that segment, Oxy Low Carbon Ventures, works on carbon-related technologies such as direct air capture, carbon sequestration and lithium development. In October 2025 Occidental agreed to sell its chemical business, OxyChem, to Berkshire Hathaway in an all-cash deal for $9.7 billion. The sale closed on January 2, 2026.
Biggest risks, in its own words
- Volatile oil, gas and product prices that strongly affect its results.
- Its debt, which could limit its financial flexibility.
- Operational hazards and catastrophic events, such as accidents at its facilities.
- Health, safety, environmental and climate-related rules that could raise its costs.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 18, 2026
- Legal name
- OCCIDENTAL PETROLEUM CORPORATION
- CIK
- 0000797468
Occidental Petroleum · OXY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $26.0B | $36.6B | $23.2B | $22.0B | $21.6B |
| Revenue growth | 45.8% | 41.1% | −36.8% | −4.9% | −1.9% |
| Gross margin | 89.3% | 91.1% | 86.5% | 85.8% | — |
| Net income | $2.3B | $13.3B | $4.7B | $3.1B | $2.4B |
| Net margin | 9.0% | 36.3% | 20.3% | 14.0% | 11.0% |
| Diluted EPS | $1.58 | $12.40 | $3.90 | $2.44 | $1.61 |
| Cash | |||||
| Cash from operations | $10.4B | $16.8B | $12.3B | $11.4B | $10.5B |
| Capital expenditure | $2.9B | $4.5B | $5.7B | $6.3B | $6.4B |
| Free cash flow | $7.6B | $12.3B | $6.6B | $5.2B | $4.1B |
| FCF margin | 29.1% | 33.6% | 28.6% | 23.5% | 19.0% |
| Dividends paid | $839M | $1.2B | $1.4B | $1.4B | $1.6B |
| Share buybacks | $8.0M | $3.1B | $1.8B | $27.0M | $0.0M |
| Share count change | 4.4% | 4.5% | −4.1% | 0.7% | 3.4% |
| Debt and strength | |||||
| Cash and short-term investments | $2.8B | $984M | $1.4B | $2.1B | $2.0B |
| Debt incl. finance leases | $29.6B | $19.8B | $19.7B | $26.1B | $22.4B |
| Shareholders' equity | $20.3B | $30.1B | $30.3B | $34.5B | $36.6B |
| Net debt / EBITDA | 2.0x | 0.9x | 1.5x | 2.0x | 1.7x |
| Current ratio | 1.2x | 1.2x | 0.9x | 1.0x | 0.9x |
| Interest coverage | 3.3x | 14.7x | 5.9x | 4.4x | 3.9x |
| Returns and quality | |||||
| Return on capital | 8.0% | 29.7% | 8.2% | 6.9% | 4.9% |
| Return on equity | 11.9% | 52.8% | 15.5% | 9.5% | 6.7% |
| Piotroski F-score | 8 | 7 | 5 | 4 | 4 |
| Altman Z'' | 1.2 | 3.0 | 2.0 | 1.9 | 1.9 |
Insiders bought, 12 months
$0.4M
2 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Occidental Petroleum · OXY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Occidental Petroleum OXY | $64.9B | −1.9% | — | 19.0% | 4.9% | 9.9x | 4 |
| EOG Resources EOG | $86.6B | −4.5% | 28.2% | — | 16.2% | 12.7x | 4 |
| Devon Energy DVN | $48.5B | 7.8% | — | 18.2% | 13.0% | 12.3x | 5 |
| Diamondback Energy FANG | $58.2B | 35.8% | 8.4% | — | 1.9% | 39.4x | 4 |
| Woodside Energy WDS | $44.6B | −1.5% | 30.0% | — | 7.1% | — | 4 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $64.07 a share, the company is worth $64.9B: 9.9 times its earnings of the last four quarters.
Occidental Petroleum grew sales faster than 1 of its 4 similar companies. Its P/E is higher than 0 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000797468). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.