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OXY Occidental Petroleum PE ratio, current and historical analysis

The PE ratio for Occidental Petroleum stock stands at 15.81 as of Jun 20, 2024. This is calculated based on the TTM EPS of $3.95 and the stock price of $62.44 per share. An increase of 20% has been observed in the PE ratio compared to its average of 13.2 of the past four quarters.

OXY PE ratio history

How has OXY's PE ratio performed in the past

Over the last ten years, the average PE ratio of Occidental Petroleum has been 40.17. The current 15.81 price-to-earnings ratio is 61% 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.

Average
40.17
Median
13.52
Minimum
4.7
Maximum
427.64

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

What is the average PE ratio of OXY for the past years

The current PE ratio of OXY is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
10.03
5-year avg
11.59
10-year avg
40.17
15-year avg
28.54

OXY PE vs peers

What is OXY's PE ratio compared to its peers

When compared to its peers WMB and HES, OXY's PE ratio is lower, but it is higher than XOM's and CVX's. Occidental Petroleum's PE ratio is trading above the peer average of 12.65.

Stock name PE ratio Market cap
APA Apache Corp 3.17 $10.5B
DVN Devon Energy Corp 8.73 $29.07B
EOG Eog Resources Inc 9.59 $70.11B
MRO Marathon Oil Corp 11.5 $15.7B
COP Conocophillips 12.58 $130.2B
XOM Exxon Mobil Corp 13.69 $440.59B
CVX Chevron Corp 14.34 $289.32B
OXY Occidental Petroleum Corp 15.81 $55.36B
WMB Williams Companies Inc 17.82 $51.68B
HES Hess Corp 22.43 $45.34B
SWN Southwestern Energy Co N/A $7.47B

Frequently asked questions

What is Occidental Petroleum's PE ratio?

OXY's price to earnings ratio is 15.81 as of Jun 20, 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 10.03.

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 11.59.

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 61% 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 (Jun 20, 2024), Occidental Petroleum's share price is $62.44. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.95. Therefore, Occidental Petroleum's price to earnings ratio for today is 15.81. PE RATIO(15.81) = STOCK PRICE($62.44) / TTM EPS($3.95)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.