Key facts, as of
As of October 6, 2026, Occidental Petroleum (OXY) trades at $58.33, up 28.5% over the past year. Its 52-week range runs from $38.80 to $67.45; the price is 13.5% below that high. It is 48.4% below its all-time high of $112.95, reached in May 2011. Over the 10 years to the end of September 2026, with dividends reinvested, it returned −0.4%, against +312.9% for the S&P 500 (SPY). It sits 7.6% above its 200-day average of $54.21, the usual sign of a long-term uptrend. Its 30-day volatility is 35.4% annualized, which we rate high risk. It has a trailing P/E of 16.6 and a dividend yield of 1.92%.
Cite: Portfolio Terminal, "Occidental Petroleum (OXY) stock analysis", 2026-10-06. https://portfolio-terminal.com/analyse/oxy
Where it trades today
trading 68% of the way up its 52-week range
How the price has moved
How far it is from its record
Occidental Petroleum (OXY) is 48.4% below its all-time high of $112.95, reached in May 2011. Over the 10 years to the end of September 2026, with dividends reinvested, it returned −0.4%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Capital discipline and commodity sensitivity matter more than top-line momentum because cash flow can swing quickly with the cycle.
- OXY trades at 16.6x earnings, well above the energy average of 10.5x, so the market is already pricing in above-consensus execution.
- OXY carries a beta of 0.24, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- Relative performance versus XOM, CVX, COP matters here because leadership inside energy rarely stays static for long.
Portfolio Use Case
- OXY is more useful for investors comparing conviction names inside energy than for someone looking for a passive “set and forget” holding.
- The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in OXY.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as XOM, CVX, COP start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for OXY come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Energy so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as XOM, CVX, COP.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for OXY. Last refresh: Oct 6, 2026, 11:07 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as XOM, CVX, COP.
What Occidental Petroleum does
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is…
What analysts expect
OXY carries a buy consensus from 25 analysts, with an average price target of $68.36 versus $58.33 today (+17.2%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
OXY generated $23.93B in trailing revenue (53.4% year over year), with a 30.3% net margin, and $3.79B of free cash flow, against $10.48B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $21.59B | $7.54B | $3.72B | $2.33B | $1.65 | $4.11B |
| 2024 | $22.02B | $8.29B | $4.70B | $3.06B | $2.59 | $5.18B |
| 2023 | $23.16B | $8.43B | $4.75B | $4.70B | $4.22 | $6.61B |
| 2022 | $36.63B | $17.64B | $13.66B | $13.30B | $13.41 | $12.31B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
OXY is in 7 of the 30 ETFs we track. It weighs most in XLE: 2.22% of the fund, holding #15 of 21.
Famous investors who hold it
OXY is in the latest 13F of 1 of the 15 famous investors we follow. Warren Buffett (Berkshire Hathaway) holds the most of it: 4.30% of the portfolio, position #7 of 26, as of Q2 2026.
How it sits in energy
Volatile sector tied to oil and gas prices, includes exploration, production, and refining.
The companies it competes with
OXY beside the energy names it is usually measured against.
What the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 0.2% below its 50-day average and 7.6% above its 200-day.
- RSI at 51 is neither stretched nor washed out.
- The nearest ceiling is $60.84 (+4.3%), the nearest floor $55.23 (-5.3%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is OXY a good investment in 2026?
Occidental Petroleum trades at a P/E ratio of 16.6, with high volatility (35.4% annualized). The stock is in a consolidation phase.
What is the risk level of OXY?
Based on 30-day volatility of 35.4%, OXY has HIGH risk. Beta of 0.24 indicates lower sensitivity to market movements than average.
Does OXY pay dividends?
Yes, Occidental Petroleum has a dividend yield of 1.92%.
How far is OXY from its all-time high?
Occidental Petroleum is 48.4% below its all-time high of $112.95, reached in May 2011. Over the 10 years to the end of September 2026, with dividends reinvested, it returned −0.4%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold OXY?
7 of the 30 popular ETFs we track hold Occidental Petroleum. The largest weights: XLE (2.22%), VYM (0.18%), VTV (0.16%), VOO (0.07%) and IVV (0.06%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is OXY?
0.07%, as of August 31, 2026: OXY is holding #250 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.66 in Occidental Petroleum.
Which famous investors own OXY?
Warren Buffett (4.30% of Berkshire Hathaway's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
Does Warren Buffett own OXY?
Yes. Berkshire Hathaway's 13F for Q2 2026, filed August 14, 2026, lists Occidental Petroleum at 4.30% of the reported portfolio, position #7 of 26.
What is the analyst price target for OXY?
The average analyst price target for Occidental Petroleum (OXY) is $68.36 based on 25 analyst estimates, about 17.2% above the current price of $58.33. The published range runs from $55.00 to $82.00.
How much revenue does OXY generate?
Occidental Petroleum reported $23.93B in trailing twelve-month revenue. Revenue growth is running at 53.4% year over year. Net margin sits at 30.3%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare OXY with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.