Occidental Petroleum (OXY)
Market Price (4/8/2026): $58.0 | Market Cap: $57.3 BilSector: Energy | Industry: Oil & Gas Exploration & Production
Occidental Petroleum (OXY)
Market Price (4/8/2026): $58.0Market Cap: $57.3 BilSector: EnergyIndustry: Oil & Gas Exploration & Production
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 49%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%, CFO LTM is 11 Bil, FCF LTM is 4.1 Bil Attractive yieldFCF Yield is 6.6% Stock buyback supportStock Buyback 3Y Total is 3.5 Bil Low stock price volatilityVol 12M is 37% Megatrend and thematic driversMegatrends include Energy Transition & Decarbonization, and US Energy Independence. Themes include Carbon Capture & Storage, Geothermal Energy, Show more. | Trading close to highsDist 52W High is -5.0% Weak multi-year price returns2Y Excs Rtn is -30%, 3Y Excs Rtn is -57% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -15%, Rev Chg QQuarterly Revenue Change % is -15% Key risksOXY key risks include [1] a substantial debt burden from its Anadarko acquisition, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 49%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%, CFO LTM is 11 Bil, FCF LTM is 4.1 Bil |
| Attractive yieldFCF Yield is 6.6% |
| Stock buyback supportStock Buyback 3Y Total is 3.5 Bil |
| Low stock price volatilityVol 12M is 37% |
| Megatrend and thematic driversMegatrends include Energy Transition & Decarbonization, and US Energy Independence. Themes include Carbon Capture & Storage, Geothermal Energy, Show more. |
| Trading close to highsDist 52W High is -5.0% |
| Weak multi-year price returns2Y Excs Rtn is -30%, 3Y Excs Rtn is -57% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -15%, Rev Chg QQuarterly Revenue Change % is -15% |
| Key risksOXY key risks include [1] a substantial debt burden from its Anadarko acquisition, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Escalating Geopolitical Tensions Drove a Sharp Increase in Oil Prices.
A significant macroeconomic factor was the escalation of the conflict in Iran, particularly the blockage of the Strait of Hormuz, which led to a substantial surge in crude oil prices. Brent crude oil prices rose by over 36%, and West Texas Intermediate (WTI) increased by approximately 39% since February 28, 2026, with WTI peaking at a 100.41% increase on March 9, 2026. This directly benefited Occidental Petroleum as an upstream producer whose earnings are highly correlated with crude prices.
2. Strong Q4 2025 Earnings Exceeded Analyst Expectations.
Occidental Petroleum reported robust financial results for the fourth quarter of 2025 on February 19, 2026. The company posted diluted earnings per share (EPS) of $0.31, significantly beating analysts' consensus estimate of $0.19 per share by 63.16%. This strong earnings beat demonstrated the company's operational efficiency and profitability, boosting investor confidence.
Show more
Stock Movement Drivers
Fundamental Drivers
The 53.8% change in OXY stock from 12/31/2025 to 4/7/2026 was primarily driven by a 38.9% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4072026 | Change |
|---|---|---|---|
| Stock Price ($) | 40.93 | 62.94 | 53.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 21,895 | 21,593 | -1.4% |
| Net Income Margin (%) | 9.6% | 10.8% | 12.5% |
| P/E Multiple | 19.3 | 26.7 | 38.9% |
| Shares Outstanding (Mil) | 986 | 988 | -0.2% |
| Cumulative Contribution | 53.8% |
Market Drivers
12/31/2025 to 4/7/2026| Return | Correlation | |
|---|---|---|
| OXY | 53.8% | |
| Market (SPY) | -5.4% | -9.4% |
| Sector (XLE) | 34.6% | 62.2% |
Fundamental Drivers
The 34.6% change in OXY stock from 9/30/2025 to 4/7/2026 was primarily driven by a 39.4% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 4072026 | Change |
|---|---|---|---|
| Stock Price ($) | 46.76 | 62.94 | 34.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,444 | 21,593 | -3.8% |
| Net Income Margin (%) | 10.7% | 10.8% | 0.7% |
| P/E Multiple | 19.2 | 26.7 | 39.4% |
| Shares Outstanding (Mil) | 985 | 988 | -0.3% |
| Cumulative Contribution | 34.6% |
Market Drivers
9/30/2025 to 4/7/2026| Return | Correlation | |
|---|---|---|
| OXY | 34.6% | |
| Market (SPY) | -2.9% | 0.4% |
| Sector (XLE) | 35.8% | 69.7% |
Fundamental Drivers
The 30.3% change in OXY stock from 3/31/2025 to 4/7/2026 was primarily driven by a 79.8% change in the company's P/E Multiple.| (LTM values as of) | 3312025 | 4072026 | Change |
|---|---|---|---|
| Stock Price ($) | 48.31 | 62.94 | 30.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,019 | 21,593 | -1.9% |
| Net Income Margin (%) | 13.9% | 10.8% | -22.4% |
| P/E Multiple | 14.9 | 26.7 | 79.8% |
| Shares Outstanding (Mil) | 941 | 988 | -4.8% |
| Cumulative Contribution | 30.3% |
Market Drivers
3/31/2025 to 4/7/2026| Return | Correlation | |
|---|---|---|
| OXY | 30.3% | |
| Market (SPY) | 16.3% | 42.6% |
| Sector (XLE) | 32.0% | 81.7% |
Fundamental Drivers
The 6.1% change in OXY stock from 3/31/2023 to 4/7/2026 was primarily driven by a 562.5% change in the company's P/E Multiple.| (LTM values as of) | 3312023 | 4072026 | Change |
|---|---|---|---|
| Stock Price ($) | 59.29 | 62.94 | 6.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 36,634 | 21,593 | -41.1% |
| Net Income Margin (%) | 36.3% | 10.8% | -70.3% |
| P/E Multiple | 4.0 | 26.7 | 562.5% |
| Shares Outstanding (Mil) | 906 | 988 | -8.4% |
| Cumulative Contribution | 6.1% |
Market Drivers
3/31/2023 to 4/7/2026| Return | Correlation | |
|---|---|---|
| OXY | 6.1% | |
| Market (SPY) | 63.3% | 35.0% |
| Sector (XLE) | 59.1% | 81.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| OXY Return | 68% | 119% | -4% | -16% | -15% | 54% | 288% |
| Peers Return | 81% | 62% | -0% | 3% | 1% | 36% | 317% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -3% | 76% |
Monthly Win Rates [3] | |||||||
| OXY Win Rate | 58% | 58% | 50% | 42% | 58% | 75% | |
| Peers Win Rate | 73% | 60% | 53% | 55% | 65% | 75% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| OXY Max Drawdown | 0% | 0% | -11% | -23% | -27% | -0% | |
| Peers Max Drawdown | -0% | 0% | -15% | -7% | -14% | -2% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CVX, XOM, COP, EOG, FANG. See OXY Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/7/2026 (YTD)
How Low Can It Go
| Event | OXY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -33.3% | -25.4% |
| % Gain to Breakeven | 49.9% | 34.1% |
| Time to Breakeven | 49 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -81.2% | -33.9% |
| % Gain to Breakeven | 432.2% | 51.3% |
| Time to Breakeven | 490 days | 148 days |
| 2018 Correction | ||
| % Loss | -56.2% | -19.8% |
| % Gain to Breakeven | 128.2% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -58.4% | -56.8% |
| % Gain to Breakeven | 140.3% | 131.3% |
| Time to Breakeven | 769 days | 1,480 days |
Compare to CVX, XOM, COP, EOG, FANG
In The Past
Occidental Petroleum's stock fell -33.3% during the 2022 Inflation Shock from a high on 6/25/2021. A -33.3% loss requires a 49.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Occidental Petroleum (OXY)
AI Analysis | Feedback
Here are 1-3 brief analogies for Occidental Petroleum (OXY):
- Imagine a company that's a blend of a major oil producer like Chevron and a large industrial chemical manufacturer like Dow.
- Essentially a large oil and gas producer, similar to a U.S.-focused ExxonMobil, but also with a substantial chemical manufacturing division.
AI Analysis | Feedback
- Oil and Condensate: Explored for, developed, and produced from various oil and gas properties.
- Natural Gas Liquids (NGLs): Explored for, developed, and produced as part of the company's upstream operations.
- Natural Gas: Explored for, developed, and produced from the company's domestic and international reserves.
- Basic Chemicals: Manufactured and marketed chemicals including chlorine, caustic soda, and potassium chemicals.
- Vinyls: Manufactured and marketed vinyl-related chemicals such as vinyl chloride monomer and polyvinyl chloride.
- Energy Midstream and Marketing Services: Services encompassing the gathering, processing, transport, storage, and marketing of oil, gas, and other energy commodities.
AI Analysis | Feedback
Major Customers of Occidental Petroleum (OXY)
Occidental Petroleum (OXY) primarily sells its products to other companies (B2B) rather than directly to individuals. Due to the commodity nature of its crude oil, natural gas, and natural gas liquids (NGLs), as well as its industrial chemicals, OXY typically serves a broad and diverse customer base. Specific individual "major customers" (i.e., those accounting for a significant portion of revenue) are generally not publicly disclosed in regulatory filings, as no single customer usually meets such a threshold for a company of this type.
However, based on its operating segments, OXY's customers are typically other businesses in the following categories:
- Oil Refiners and Petrochemical Companies: These companies purchase crude oil and natural gas liquids (NGLs) for processing into refined petroleum products (e.g., gasoline, diesel, jet fuel) and as feedstocks for various petrochemical products. They also purchase natural gas.
- Industrial Chemical Manufacturers: OXY's Chemical segment produces basic chemicals such as chlorine, caustic soda, chlorinated organics, and vinyls (e.g., vinyl chloride monomer, polyvinyl chloride). These are sold to other manufacturers who utilize them as raw materials in a wide range of industries, including plastics, water treatment, construction, and consumer goods.
- Utility Companies and Large Industrial Users: Natural gas produced and marketed by OXY is sold to power generation companies, local distribution companies, and large industrial facilities for energy consumption.
- Energy Trading and Marketing Firms: OXY's Midstream and Marketing segment engages in the purchase and sale of crude oil, NGLs, natural gas, and other energy commodities, often to various trading houses and other energy marketers.
AI Analysis | Feedback
nullAI Analysis | Feedback
Vicki Hollub, President and Chief Executive Officer
Vicki Hollub became President and CEO of Occidental Petroleum in April 2016, making her the first female CEO of a major U.S. oil company. She began her career in 1981 with Cities Service, which was acquired by Occidental in 1982. Throughout her extensive career, she has held diverse management and technical positions across three continents, including the United States, Russia, Venezuela, and Ecuador. Before her appointment as CEO, Hollub served as Occidental's President and Chief Operating Officer, overseeing the company's oil and gas, chemical, and midstream operations. She also held roles as Senior Executive Vice President and President of Oxy Oil and Gas, responsible for operations in the U.S., the Middle East, and Latin America.
Sunil Mathew, Senior Vice President and Chief Financial Officer
Sunil Mathew was promoted to Chief Financial Officer of Occidental Petroleum in August 2023. He joined the company in 2004 in Qatar and relocated to the U.S. three years later. Prior to his current role, Mathew served as the Vice President of Strategic Planning, Analysis and Business Development, a position he was appointed to in April 2020. He possesses extensive experience in the energy sector, having held various leadership roles within Occidental, where his expertise covers strategic planning, operational management, and technological integration in oil and gas projects. Mathew holds a Bachelor's degree in Electronics Engineering and an MBA.
Richard Jackson, Senior Vice President and Chief Operating Officer
Richard Jackson was promoted to Senior Vice President and Chief Operating Officer of Occidental Petroleum on October 1, 2025. With over 20 years of experience in the oil and gas industry, Jackson previously served as Senior Vice President and President of U.S. Onshore Resources and Carbon Management Operations since 2020. His past roles at Occidental include Vice President, Investor Relations, President and General Manager for Permian Resources–Delaware Basin, and Vice President of Drilling Americas. He began his career with Oxy in Qatar in drilling and completions leadership roles. Jackson also serves as Chairman of 1PointFive, a company focused on deploying Direct Air Capture technology, and has led Oxy Low Carbon Ventures since its inception. He earned a Bachelor of Science in Petroleum Engineering from Texas A&M University.
Kenneth Dillon, Senior Vice President and President, International Oil and Gas Operations
Kenneth Dillon has served as Senior Vice President and President of International Oil and Gas Operations for Occidental Petroleum since 2016. With over 35 years of experience in the oil and gas industry, primarily with Occidental, he is responsible for managing the company's international operations, including its key areas in the Middle East, North Africa, South America, and the Gulf of Mexico, as well as major projects. Before his current appointment, Dillon was the Senior Vice President – Operations and Major Projects in 2014. He holds a bachelor's degree in Chemical Engineering from the University of Strathclyde in Glasgow, United Kingdom.
Robert Peterson, Executive Vice President, Essential Chemistry
Robert Peterson was appointed Executive Vice President, Essential Chemistry, at Occidental Petroleum in August 2023. He previously served as Occidental's Chief Financial Officer but transitioned to his current role when Sunil Mathew became CFO. Peterson joined OxyChem (Occidental Chemical) in 1996 and served as its President from 2014 to 2017. In his present capacity, he is responsible for the operational readiness of Oxy's inaugural direct-air carbon capture plant located in West Texas. He holds a Bachelor's degree in Mechanical Engineering and an MBA.
AI Analysis | Feedback
Key Risks to Occidental Petroleum (OXY)
- Commodity Price Volatility: As an oil and gas company, Occidental Petroleum's financial performance is highly sensitive to fluctuations in crude oil, natural gas, and natural gas liquids (NGLs) prices. Significant declines in these commodity prices can adversely affect its revenue, profitability, and cash flow. For example, a $1 decline in the price of crude oil can impact annual pre-tax income by approximately $250 million.
- Climate Change Policies and Energy Transition: Occidental Petroleum faces risks related to evolving environmental regulations, carbon pricing mechanisms, and the global shift towards renewable energy sources. While the company is investing in carbon capture and direct air capture technologies, its "net-zero" strategy has been criticized for relying too heavily on these unproven technologies to offset ongoing fossil fuel emissions, rather than committing to deep and rapid emissions reductions. Changes in political leadership could also threaten lucrative tax credits that support carbon capture profitability.
- Geopolitical and Regulatory Instability in Operating Regions: Occidental Petroleum operates in regions such as the Middle East, Africa, and Latin America, which are susceptible to political instability and potential regulatory changes. Geopolitical tensions can cause significant volatility in oil markets, impacting supply and prices, which directly affects OXY's operations and profitability, despite having a significant U.S.-based production.
AI Analysis | Feedback
The global energy transition, characterized by the rapid acceleration of renewable energy adoption, electrification of transportation, and increasing governmental and societal pressure to decarbonize, poses a clear emerging threat to Occidental Petroleum's core business model by potentially leading to a structural decline in long-term demand for fossil fuels, particularly oil and natural gas.
AI Analysis | Feedback
Occidental Petroleum (OXY) participates in significant addressable markets through its Oil and Gas, Chemical, and Midstream and Marketing segments. The addressable market sizes for its main products are as follows:
Oil and Gas Segment:
- The global oil and gas market was valued at approximately USD 4,438.74 billion in 2024, with projections to reach USD 15,499.08 billion by 2032. Asia Pacific held a dominant market share of 35.08% in 2024. Another report indicated the global oil and gas market was valued at USD 6.10 trillion in 2024 and is expected to reach around USD 8.79 trillion by 2034.
- The U.S. oil and gas market was valued at USD 1.55 trillion in 2024, projected to reach around USD 2.24 trillion by 2034. Another estimate placed the U.S. oil and gas market at USD 474.5 billion in 2025, expected to reach USD 717.39 billion by 2034.
- The global crude oil market was valued at USD 2.6 trillion in 2023, with projections to reach USD 3.0 trillion by 2033. Other estimates indicated the global crude oil market size was USD 751.72 billion in 2024 and USD 3050.95 billion in 2025, expected to grow to USD 3188.67 billion in 2026. In terms of volume, the global crude oil market size was estimated at 101.40 million barrels per day (MB/d) in 2025. North America dominated the crude oil market in 2022, holding approximately 52% of the market share.
- The global natural gas market was valued at USD 1,478.66 billion in 2025 and is expected to grow to USD 2.1 trillion by 2030. Another report stated the natural gas market size was valued at USD 300.4 trillion in 2021, projected to reach USD 424.7 trillion by 2031. Europe dominated the global natural gas market in 2021 with over 37.0% of the share.
- The global natural gas liquids (NGLs) market size was estimated at USD 15.4 billion in 2024 and is projected to reach USD 21.59 billion by 2030. Another source indicates the market was USD 16.3 billion in 2025 and is estimated to reach USD 29.4 billion by 2035. Asia Pacific was the largest revenue-generating market for NGLs in 2024, accounting for over 54.0% of the market share.
Chemical Segment:
- The global basic chemicals market was valued at approximately USD 749.49 billion in 2025 and is predicted to increase to approximately USD 1,096.26 billion by 2035. Another report estimated the market at USD 722.9 billion in 2023, expected to grow to USD 1,020.0 billion by 2033. Asia-Pacific accounted for 39% of the revenue share in the basic chemicals market.
- The global chlorine market size was USD 51.95 billion in 2025 and is projected to grow to USD 76.12 billion by 2034. Another estimate placed the global chlorine market size at USD 40.04 billion in 2024, expected to reach USD 60.55 billion by 2032. Asia Pacific dominated the chlorine market with a market share of 51% in 2025 and 40.5% in 2024. The U.S. chlorine market size was USD 7.99 billion in 2024, projected to reach USD 11.95 billion by 2032.
- The global caustic soda market size was calculated at USD 47.99 billion in 2025 and is predicted to increase to approximately USD 77.38 billion by 2035. Another report estimated the global caustic soda market size at USD 50.12 billion in 2025, expected to reach USD 76.11 billion by 2034. Asia Pacific dominated the global caustic soda market with a market share of 53.2% in 2025 and 50% in 2024.
- The global polyvinyl chloride (PVC) market size was accounted at USD 89.45 billion in 2025 and is predicted to increase to approximately USD 118.96 billion by 2035. Another source estimated the global PVC market size at USD 78.26 billion in 2025, expected to rise to USD 113.33 billion by 2034. Asia Pacific held a major share of the market, estimated at USD 34.89 billion in 2025 and 56.02% of the market share in 2025. The U.S. PVC market was accounted for USD 19 billion in 2025.
AI Analysis | Feedback
Occidental Petroleum (OXY) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market factors:
- Increased Oil and Gas Production, particularly in the Permian Basin: Occidental Petroleum achieved a new annual production record of 1.4 million barrels of oil equivalent per day (BOE/d) in 2025 and anticipates further growth of approximately 1% in 2026, aiming for an average of 1.45 million BOE/d. This growth is significantly supported by an increased focus on U.S. onshore operations and advanced recovery techniques. The acquisition of CrownRock has further enhanced Occidental's portfolio, promising revenue growth and improved profitability, especially through high-margin production in the Permian Basin, a key focus for the company. Approximately 70% of the company's oil and gas capital for 2026 is allocated to its U.S. onshore portfolio, demonstrating a strategic emphasis on this region.
- Favorable Oil Price Environment: The company's revenue growth will significantly benefit from a "higher for longer" oil price environment, which has been driven by geopolitical tensions and underinvestment in global supply. Analysts have noted that geopolitical risks are contributing to higher oil prices, which directly benefits upstream players like Occidental. Forecasts, such as Piper Sandler's, have been adjusted upwards for West Texas Intermediate crude, indicating expectations of a tighter global oil balance.
- Enhanced Capital Efficiency and Cost Reductions: Occidental Petroleum is implementing significant cost-saving measures and improving capital efficiency to boost its financial performance. The company achieved a 27% year-over-year increase in cash flow from operations in 2025 (excluding OxyChem) due to cost reductions and greater capital efficiency. Management expects an additional $500 million in cost savings for 2026, comprising $300 million in capital and $200 million in operating/transportation expenses. Furthermore, capital spending for 2026 is projected to be between $5.5 billion and $5.9 billion, a reduction of $550 million from 2025, reflecting a disciplined approach to capital allocation.
- Advancement of Low Carbon Ventures, particularly Direct Air Capture (DAC) Technology: Occidental is strategically investing in low-carbon ventures to support long-term value creation. A significant driver in this area is the STRATOS direct air capture project, with Phase 1 anticipated to be online in the second quarter of 2026. This initiative is expected to play a crucial role in revaluing the company, positioning Occidental to benefit from high oil prices while also mitigating long-term risks associated with fossil fuel dependence through its carbon-services business. The company's efforts in carbon capture and storage align with broader industry shifts towards sustainability.
AI Analysis | Feedback
Share Repurchases
- Occidental Petroleum repurchased $1.798 billion in shares in 2023.
- Share repurchases were approximately $27 million in 2024.
- As of June 15, 2025, the last twelve months (LTM) share repurchase amount was $732 million.
Share Issuance
- Information on the specific dollar amount of shares issued over the last 3-5 years is not explicitly available. The company's shares outstanding have fluctuated, with 0.967 billion shares outstanding in 2024 (a 0.65% increase from 2023), 0.961 billion in 2023 (a 4.1% decline from 2022), and 1.002 billion in 2022 (a 4.51% increase from 2021).
Inbound Investments
- No significant large investments made in Occidental Petroleum by third-parties were identified in the last 3-5 years.
Outbound Investments
- Occidental Petroleum completed a $12 billion purchase of CrownRock in 2023.
Capital Expenditures
- Annual capital expenditures were approximately $6.27 billion in 2023, $7.018 billion in 2024, and $6.427 billion in 2025.
- For 2026, Occidental Petroleum anticipates capital expenditures to range between $5.5 billion and $5.9 billion, a reduction from an earlier estimate of $6.3 billion to $6.7 billion.
- The primary focus of capital expenditures includes maintaining the production base, enhancing Permian capital efficiency through child wells and enhanced oil recovery, reducing new well costs, and advancing low-carbon initiatives such as the STRATOS Direct Air Capture (DAC) facility, which is scheduled to come online in mid-2025.
Latest Trefis Analyses
Trade Ideas
Select ideas related to OXY.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 03312026 | KGS | Kodiak Gas Services | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03312026 | KOS | Kosmos Energy | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 12262025 | TPL | Texas Pacific Land | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 65.2% | 65.2% | -2.1% |
| 12122025 | NOV | NOV | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 15.3% | 15.3% | -6.5% |
| 12122025 | RIG | Transocean | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 60.5% | 60.5% | -7.0% |
| 10102025 | OXY | Occidental Petroleum | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 55.8% | 55.8% | -7.1% |
| 01312025 | OXY | Occidental Petroleum | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -5.9% | -0.6% | -22.2% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 154.07 |
| Mkt Cap | 119.9 |
| Rev LTM | 40,763 |
| Op Inc LTM | 9,296 |
| FCF LTM | 5,674 |
| FCF 3Y Avg | 6,643 |
| CFO LTM | 15,164 |
| CFO 3Y Avg | 15,694 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -2.7% |
| Rev Chg 3Y Avg | -7.7% |
| Rev Chg Q | -5.6% |
| QoQ Delta Rev Chg LTM | -1.4% |
| Op Mgn LTM | 18.2% |
| Op Mgn 3Y Avg | 21.4% |
| QoQ Delta Op Mgn LTM | -0.9% |
| CFO/Rev LTM | 39.0% |
| CFO/Rev 3Y Avg | 41.9% |
| FCF/Rev LTM | 10.6% |
| FCF/Rev 3Y Avg | 11.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 119.9 |
| P/S | 2.8 |
| P/EBIT | 15.8 |
| P/E | 25.4 |
| P/CFO | 8.0 |
| Total Yield | 6.4% |
| Dividend Yield | 2.5% |
| FCF Yield 3Y Avg | 6.5% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 9.1% |
| 3M Rtn | 36.5% |
| 6M Rtn | 36.7% |
| 12M Rtn | 60.2% |
| 3Y Rtn | 36.5% |
| 1M Excs Rtn | 10.9% |
| 3M Excs Rtn | 38.0% |
| 6M Excs Rtn | 39.5% |
| 12M Excs Rtn | 20.0% |
| 3Y Excs Rtn | -19.7% |
Comparison Analyses
Price Behavior
| Market Price | $62.94 | |
| Market Cap ($ Bil) | 62.2 | |
| First Trading Date | 12/31/1981 | |
| Distance from 52W High | -5.0% | |
| 50 Days | 200 Days | |
| DMA Price | $53.41 | $45.51 |
| DMA Trend | up | up |
| Distance from DMA | 17.8% | 38.3% |
| 3M | 1YR | |
| Volatility | 38.1% | 36.5% |
| Downside Capture | -0.94 | -0.15 |
| Upside Capture | 43.41 | 35.96 |
| Correlation (SPY) | -9.2% | 33.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.97 | -0.39 | -0.25 | 0.00 | 0.88 | 0.69 |
| Up Beta | -2.32 | 0.14 | 0.14 | 0.61 | 1.04 | 0.84 |
| Down Beta | -1.57 | 0.44 | 0.64 | 0.76 | 1.53 | 1.11 |
| Up Capture | 78% | 43% | 47% | -4% | 26% | 12% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 14 | 26 | 37 | 65 | 130 | 374 |
| Down Capture | -174% | -221% | -245% | -117% | 9% | 65% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 8 | 16 | 26 | 61 | 122 | 374 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OXY | |
|---|---|---|---|---|
| OXY | 46.7% | 37.5% | 1.09 | - |
| Sector ETF (XLE) | 42.4% | 24.0% | 1.42 | 80.0% |
| Equity (SPY) | 21.3% | 18.3% | 0.94 | 37.8% |
| Gold (GLD) | 51.9% | 28.0% | 1.49 | 9.4% |
| Commodities (DBC) | 20.3% | 17.2% | 1.02 | 63.8% |
| Real Estate (VNQ) | 6.9% | 16.1% | 0.23 | 35.7% |
| Bitcoin (BTCUSD) | -17.5% | 44.0% | -0.31 | 25.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OXY | |
|---|---|---|---|---|
| OXY | 19.7% | 40.2% | 0.56 | - |
| Sector ETF (XLE) | 23.8% | 26.1% | 0.82 | 81.7% |
| Equity (SPY) | 11.7% | 17.0% | 0.53 | 33.8% |
| Gold (GLD) | 22.5% | 17.8% | 1.04 | 12.3% |
| Commodities (DBC) | 12.0% | 18.8% | 0.52 | 59.2% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.09 | 24.6% |
| Bitcoin (BTCUSD) | 3.1% | 56.5% | 0.28 | 12.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OXY | |
|---|---|---|---|---|
| OXY | 2.1% | 48.5% | 0.24 | - |
| Sector ETF (XLE) | 11.2% | 29.5% | 0.42 | 81.6% |
| Equity (SPY) | 13.9% | 17.9% | 0.67 | 45.0% |
| Gold (GLD) | 13.9% | 15.9% | 0.73 | 3.2% |
| Commodities (DBC) | 8.4% | 17.6% | 0.40 | 54.0% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 37.8% |
| Bitcoin (BTCUSD) | 66.6% | 66.8% | 1.06 | 10.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/20/2026 | -1.1% | 2.9% | 10.3% |
| 11/10/2025 | 0.1% | -0.3% | -0.9% |
| 8/6/2025 | 2.5% | 5.2% | 7.9% |
| 5/7/2025 | 6.2% | 12.3% | 9.0% |
| 2/18/2025 | 4.4% | 0.1% | -1.3% |
| 11/12/2024 | 1.7% | 0.4% | -3.7% |
| 8/7/2024 | 4.3% | 1.5% | -7.3% |
| 5/7/2024 | -2.1% | -3.1% | -7.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 13 | 12 |
| # Negative | 11 | 9 | 10 |
| Median Positive | 1.7% | 3.8% | 9.1% |
| Median Negative | -2.8% | -1.4% | -6.6% |
| Max Positive | 6.2% | 22.7% | 58.6% |
| Max Negative | -9.2% | -15.6% | -32.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/18/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/18/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/14/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/02/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Klesse, William R | Direct | Buy | 12172025 | 38.98 | 5,000 | 194,900 | 8,533,229 | Form |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.