The PE ratio for Occidental Petroleum stock stands at 14.06 as of Jun 5, 2026. This is calculated based on the TTM EPS of $4.05 and the stock price of $56.93 per share. A decrease of 43% has been observed in the PE ratio compared to its average of 24.7 of the past four quarters.
OXY PE ratio history
Over the last nine years, the average PE ratio of Occidental Petroleum has been 34.26. The current 14.06 price-to-earnings ratio is 59% less than the historical average. Analyzing the last nine 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 24.92 | 30.61% | $41.12 | $1.65 |
| 2024 | 19.08 | 34.84% | $49.41 | $2.59 |
| 2023 | 14.15 | 201.06% | $59.71 | $4.22 |
| 2022 | 4.7 | -73.74% | $62.99 | $13.41 |
| 2021 | 17.9 | N/A | $28.99 | $1.62 |
| 2020 | N/A | N/A | $17.31 | -$17.06 |
| 2019 | N/A | N/A | $41.21 | -$1.22 |
| 2018 | 11.37 | -73.61% | $61.38 | $5.4 |
| 2017 | 43.08 | N/A | $73.66 | $1.71 |
| 2016 | N/A | N/A | $71.23 | -$0.75 |
| 2015 | N/A | N/A | $67.61 | -$10.23 |
| 2014 | 102.04 | 686.74% | $80.61 | $0.79 |
| 2013 | 12.97 | -4% | $95.1 | $7.33 |
| 2012 | 13.51 | 19.98% | $76.61 | $5.67 |
| 2011 | 11.26 | -36.06% | $93.7 | $8.32 |
Occidental Petroleum PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 16.05 | -35.59% | $65 | $4.05 |
| Dec 2025 | 24.92 | -26.68% | $41.12 | $1.65 |
| Sep 2025 | 33.99 | 41.57% | $47.25 | $1.39 |
| Jun 2025 | 24.01 | 25.51% | $42.01 | $1.75 |
| Mar 2025 | 19.13 | 0.26% | $49.36 | $2.58 |
| Dec 2024 | 19.08 | 51.79% | $49.41 | $2.59 |
| Sep 2024 | 12.57 | -12.83% | $51.54 | $4.1 |
| Jun 2024 | 14.42 | -12.34% | $63.03 | $4.37 |
| Mar 2024 | 16.45 | 16.25% | $64.99 | $3.95 |
| Dec 2023 | 14.15 | 9.01% | $59.71 | $4.22 |
| Sep 2023 | 12.98 | 42.17% | $64.88 | $5 |
| Jun 2023 | 9.13 | 39.18% | $58.8 | $6.44 |
| Mar 2023 | 6.56 | 39.57% | $62.43 | $9.52 |
| Dec 2022 | 4.7 | -1.47% | $62.99 | $13.41 |
| Sep 2022 | 4.77 | -12.48% | $61.45 | $12.88 |
OXY Price vs fair value
OXY average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of OXY is under its 3, 5 and 10-year averages.
PE comparison
Occidental Petroleum's price to earnings (P/E) of 14.06 is higher than the industry average but lower than the Energy sector and its peers average. Looking at the Energy sector average of 17.33, Occidental Petroleum's price to earnings (P/E) is 19% lower.
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 20.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APA Apache Corp | 8.52 | $12.93B |
| DVN Devon Energy Corp | 12.27 | $27.52B |
| EOG Eog Resources Inc | 13.46 | $73.39B |
| OXY Occidental Petroleum Corp | 14.06 | $56.62B |
| COP Conocophillips | 19.85 | $142.71B |
| XOM Exxon Mobil Corp | 25.24 | $621.41B |
| WMB Williams Companies Inc | 31.42 | $88.01B |
| CVX Chevron Corp | 32.52 | $373.05B |
Frequently asked questions
What is Occidental Petroleum's PE ratio?
OXY's price to earnings ratio is 14.06 as of Jun 5, 2026.
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 18.07.
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 14.69.
What is the highest PE ratio for OXY?
Over the last nine 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 59% lower than the 9-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 (Jun 5, 2026), Occidental Petroleum's share price is $56.93. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.05. Therefore, Occidental Petroleum's price to earnings ratio for today is 14.06. PE RATIO(14.06) = STOCK PRICE($56.93) / TTM EPS($4.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.