OXY Occidental Petroleum PE ratio, current and historical analysis
The PE ratio for Occidental Petroleum stock stands at 12.57 as of Nov 21, 2024. This is calculated based on the TTM EPS of $4.1 and the stock price of $51.54 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 14.4 of the past four quarters.
OXY PE ratio history
Over the last ten years, the average PE ratio of Occidental Petroleum has been 40.17. The current 12.57 price-to-earnings ratio is 69% less than the historical average. Analyzing the last ten years, OXY's PE ratio reached its highest point in the Jun 2017 quarter at 427.64, with a price of $59.87 and an EPS of $0.14. The Dec 2022 quarter saw the lowest point at 4.7, with a price of $62.99 and an EPS of $13.41.
Occidental Petroleum PE ratio by year
Maximum annual increase: 686.74% in 2014
Maximum annual decrease: -73.74% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.15 | 201.06% |
| 2022 | 4.7 | -73.74% |
| 2021 | 17.9 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 11.37 | -73.61% |
| 2017 | 43.08 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 102.04 | 686.74% |
OXY average PE ratio chart
The current PE ratio of OXY is above its 3 and 5-year averages, but it is under its 10-year average.
OXY PE vs peers
When compared to its peers XOM and CVX, OXY's PE ratio is lower, but it is higher than EOG's and DVN's. Occidental Petroleum's PE ratio is trading below the peer average of 13.55.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APA Apache Corp | 3.18 | $8.3B |
| DVN Devon Energy Corp | 7.14 | $25.42B |
| EOG Eog Resources Inc | 10.87 | $76.21B |
| MRO Marathon Oil Corp | 12.25 | $15.97B |
| OXY Occidental Petroleum Corp | 12.57 | $48.36B |
| COP Conocophillips | 13.26 | $128.79B |
| XOM Exxon Mobil Corp | 15.18 | $535.89B |
| HES Hess Corp | 17.19 | $45.6B |
| CVX Chevron Corp | 17.68 | $290.46B |
| WMB Williams Companies Inc | 25.21 | $72.82B |
Frequently asked questions
What is Occidental Petroleum's PE ratio?
OXY's price to earnings ratio is 12.57 as of Nov 21, 2024.
What is the 3-year average PE ratio for Occidental Petroleum (OXY)?
As an average over the last 3 years, OXY stock has a PE ratio of 10.6.
What is the 5-year average PE ratio for Occidental Petroleum (OXY)?
As an average over the last 5 years, OXY stock has a PE ratio of 10.6.
What is the highest PE ratio for OXY?
Over the last ten years, the Jun 2017 quarter recorded the highest quarterly PE ratio at 427.64.
How does the current PE ratio for OXY compare to its historical average?
The current PE ratio of OXY is 69% lower than the 10-year historical average.
How is OXY's PE ratio calculated (Occidental Petroleum PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Occidental Petroleum's share price is $51.54. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.1. Therefore, Occidental Petroleum's price to earnings ratio for today is 12.57. PE RATIO(12.57) = STOCK PRICE($51.54) / TTM EPS($4.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.