OXY

Occidental Petroleum

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,… 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 headquartered in Houston, Texas.
Market price
USD 56.36
Within modeled range
Base value (Fade DCF (10-year growth fade)) is 25.3% below the market price
Data: Price updated 06 Nov 2026 18:22; FY2025, period ended 31 Dec 2025 from SEC EDGAR (downloaded 21 h ago). Next earnings: 09 Nov 2026 (in 3 days)
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Verdict

Priced within the modelled range

PriceUSD 56.36
Fair value range18.89–90.10base 42.07
Estimate reliabilityLow
5-year outlook–

5-year outlook: Not shown because confidence is low: Earnings-based DCF is somewhat apart.

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Start with the price and fair value range, then review the data dates and assumptions below. Estimates are not predictions or investment advice.

Fade DCF (10-year growth fade)

Market price within modeled range

Showing the Fade DCF (10-year growth fade) you selected on the company card, using 2% growth, 2.5% terminal growth and 9.2% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 2%, discount rate 9.20%, terminal growth 2.50% (sector defaults). See a worked example.

Blended growth assumption: 2.0% (sector default 4.6%, own revenue history -4.5%, analyst revenue consensus -5.9%).

Analyst consensus expects revenue growth of -5.9% a year; the growth assumption used is 2.0%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — USD 33.32 (-40.9%)
  • EPS-based Gordon proxy — USD 22.83 (-59.5%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — USD 42.02 (-25.4%)
    Not used: Free cash flow is 2.5x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • FCFF (steady state) — USD 43.37 (-23.1%)
    Not used: Free cash flow is 2.5x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/EBITDA (12x) — not applicable
    Not used: Cannot be computed: EBITDA is missing, zero or negative.
  • Fade DCF (10-year growth fade) — USD 42.07 (-25.3%)
    Not used: Free cash flow is 2.5x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/Sales (Rule of 40) — not applicable
    Not used: Cannot be computed: revenue is missing.
Illustrative range / share USD 18.89–90.10
Base scenario / share USD 42.07
Margin of safety (share of value) Priced for base-to-bull outcomes
Bear USD 18.89-198.4%
Base USD 42.07-34.0%
Bull USD 90.1037.5%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

1 year price change: +42.64% · USD 56.36 · Market data through 05 Nov 2026 ; dashed line is today’s model base value (USD 42.07). The fair value is today’s estimate, not what the model said in the past.

Saved price history is current through 05 Nov 2026; last refreshed 06 Nov 2026 18:33 (13 minutes ago).

06 Nov 2025Range USD 38.38 – 65.6305 Nov 2026

Latest news

Headlines provided by EODHD. Articles may mention multiple companies and are not investment recommendations.

More detail: quality, peers, price history, dividends and financials

Quality score: 84 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue -8.9% a year4 / 20
Balance sheetnet debt 0.7x EBITDA20 / 20
MarginsEBITDA margin 56%20 / 20

Peers in Energy

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
OXY (this company) USD 56.36 -69.1% 35.0 1.6 1.7% 73
HBR.L Harbour Energy plc GBP 2.63 61.8% – 1.4 7.9% 92
FANG Diamondback Energy USD 179.58 36.7% 24.4 1.3 2.4% 100
SHEL.L Shell plc GBP 37.23 32.4% 8.6 1.4 3.0% 84
AKSO.OL Aker Solutions ASA NOK 36.00 22.7% 6.8 1.5 9.1% 75
BP.L BP p.l.c. GBP 5.59 18.4% – – 4.4% 69
BWLPG.OL BW LPG Limited NOK 203.60 9.4% 7.4 1.7 1.3% 100
EOG EOG Resources USD 144.89 6.1% 11.1 2.4 2.8% 92
TTE.PA TotalEnergies SE EUR 79.65 4.9% 9.0 1.5 4.3% 84
Peer median 8.8 1.5

Dividends

Paid in the last 12 months: USD 1.04 per share · yield 1.85% at the current price.

YearDividends per share
2026 (so far)0.800
20250.960
20240.880
20230.720
20220.520
20210.040
Sector Energy
Exchange NASDAQ
Currency USD

Annual financial statement

Saved annual report · Fiscal year 2025 · SEC EDGAR annual filings · period ended 31 Dec 2025

RevenueUSD 21,593,000,000
EBITDAUSD
EBITUSD
Net incomeUSD 1,612,000,000
Free cash flowUSD 4,105,000,000
Capital expendituresUSD -6,427,000,000
DebtUSD 21,397,000,000
CashUSD 1,968,000,000
Working capitalUSD -601,000,000
Shares outstanding1,000,100,000
Reported dividends per shareUSD 0.9600