Occidental Petroleum Corp
Exchange: NYSESector: EnergyIndustry: Oil & Gas E&P
Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas, and includes our Oxy Low Carbon Ventures subsidiary, which is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. We are dedicated to using our global leadership in carbon management to advance a lower-carbon world.
Did you know?
A large-cap company with a $57.8B market cap.
Current Price
$58.71
-3.09%GoodMoat Value
$9.09
84.5% overvaluedProfile
Valuation (TTM)
Market Cap$57.84B
P/E35.12
EV$79.85B
P/B1.61
Shares Out985.21M
P/Sales2.62
Revenue$22.07B
EV/EBITDA7.84
Occidental Petroleum Corp (OXY) Stock Analysis
GoodMoat Analysis
Occidental Petroleum (OXY) fails the initial quality and moat gate for a value investor. While it has some scale and integration advantages, its low returns on capital and high valuation relative to the GoodMoat target signal significant overvaluation.
Read full analysis
Occidental Petroleum is a major integrated oil and gas exploration and production (E&P) company. Applying the GoodMoat framework, the analysis begins with Moat Identification (Section 1). OXY likely demonstrates some moat characteristics, such as vertical integration and scale privilege in its operations, but these are common in the capital-intensive energy sector. The critical failure point is in Quality Indicators. Key metrics like Return on Equity (ROE) of 6.5% and a Profit Margin of 10.5% are far below the high-return thresholds (e.g., ROIC >15-20%) required for a 'High Quality' rating. The P/E of 37x is also extremely high for a cyclical commodity producer, especially when compared to the GoodMoat Target price of $9.09, which implies the stock is trading at a massive premium to the platform's estimated intrinsic value. Following the Decision Framework (Section 6), the company would likely fail the 'Moat & Quality Gate' due to weak fundamental returns. Even if it passed, the Valuation & Risk Gate would be severely 'Unfavourable' given the extreme disparity between the current price and the target, indicating a profound lack of margin of safety. For a value investor focused on durable advantages and attractive prices, OXY does not meet the foundational criteria for further investigation. Analysis based on data as of 2024-05-15.
Market Cap$57.84B
Current Price$58.71
P/E Ratio35.12
Forward P/E—
PEG Ratio-0.45
EPS$1.61
Book Value$36.57
P/B Ratio1.61
OXY Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 20.4B
Revenue
21.8B
FY19
16.3B
FY20
26.3B
FY21
37.1B
FY22
23.8B
FY23
22.2B
FY24
22.1B
FY25
Net Income
—
FY19
—
FY20
2.3B
FY21
13.3B
FY22
4.7B
FY23
3.1B
FY24
2.3B
FY25
OXY 52-Week Range
$37.99
$66.24
50-Day MA: $57.63200-Day MA: $46.80
Did you know?
Profit margin stands at 10.5%.
Occidental Petroleum Corp (OXY) Financial Summary
Occidental Petroleum Corp (OXY) is a Energy company in the Oil & Gas E&P industry, listed on NYSE. The stock currently trades at $58.71 with a market capitalization of $57.84B.
Key valuation metrics include a P/E ratio of 35.12, price-to-book ratio of 1.61, and EPS of $1.61. The company reports a profit margin of 10.5% and return on equity of 6.5%.
OXY Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $57.84B |
| P/E Ratio | 35.12 |
| EPS | $1.61 |
| P/B Ratio | 1.61 |
| P/S Ratio | 2.62 |
| EV/EBITDA | 7.84 |
| Profit Margin | 10.5% |
| Return on Equity | 6.5% |
| Debt/Equity | 0.62 |
OXY Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $21.75B | $-667.00M |
| FY20 | $16.26B | $-14.83B |
| FY21 | $26.31B | $2.32B |
| FY22 | $37.09B | $13.30B |
| FY23 | $23.83B | $4.70B |
| FY24 | $22.20B | $3.06B |
| FY25 | $22.07B | $2.33B |
Occidental Petroleum Corp (OXY) Valuation
Based on GoodMoat's DCF model, Occidental Petroleum Corp has a fair value estimate of $9.09. At the current price of $58.71, the stock appears 546.2% overvalued relative to our intrinsic value estimate.
OXY Quality Indicators
Occidental Petroleum Corp maintains a profit margin of 10.5% and an operating margin of 18.7%. Return on equity stands at 6.5%. The current ratio is 0.94. Debt-to-equity ratio is 0.62.
About Occidental Petroleum Corp
Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas, and includes our Oxy Low Carbon Ventures subsidiary, which is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. We are dedicated to using our global leadership in carbon management to advance a lower-carbon world.
OXY Free Cash Flow
Occidental Petroleum Corp generated $0.00 in trailing twelve-month free cash flow.
OXY Shares Outstanding
Occidental Petroleum Corp has 0.99 billion shares outstanding at a share price of $58.71, giving it a market capitalization of $57.84B.
OXY Recent Insider Trades
Recent insider transactions at Occidental Petroleum Corp include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| KLESSE WILLIAM R | BUY | 5,000 | $194900.00 |