OXY Occidental Petroleum PE ratio, current and historical analysis
The PE ratio for Occidental Petroleum stock stands at 19.47 as of Feb 21, 2025. This is calculated based on the TTM EPS of $2.59 and the stock price of $50.42 per share. An increase of 25% has been observed in the PE ratio compared to its average of 15.6 of the past four quarters.
OXY PE ratio history
Over the last eight years, the average PE ratio of Occidental Petroleum has been 36.57. The current 19.47 price-to-earnings ratio is 47% less than the historical average. Analyzing the last eight 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 |
|---|---|---|---|---|
| 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 |
| 2010 | 17.61 | -22.29% | $98.1 | $5.57 |
Occidental Petroleum PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | 5.45 | -33.21% | $58.88 | $10.81 |
| Mar 2022 | 8.16 | -54.41% | $56.74 | $6.95 |
| Dec 2021 | 17.9 | N/A | $28.99 | $1.62 |
| Sep 2021 | N/A | N/A | $29.58 | -$1.14 |
| Jun 2021 | N/A | N/A | $31.27 | -$5.88 |
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 peer WMB, 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 13.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APA Apache Corp | 3.23 | $8.43B |
| DVN Devon Energy Corp | 8.19 | $24.33B |
| EOG Eog Resources Inc | 10.67 | $74.85B |
| COP Conocophillips | 12.52 | $124.62B |
| XOM Exxon Mobil Corp | 14.12 | $480.3B |
| CVX Chevron Corp | 16.08 | $276.27B |
| HES Hess Corp | 17.2 | $45.64B |
| OXY Occidental Petroleum Corp | 19.47 | $47.32B |
| WMB Williams Companies Inc | 24.24 | $70.02B |
Frequently asked questions
What is Occidental Petroleum's PE ratio?
OXY's price to earnings ratio is 19.47 as of Feb 21, 2025.
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 10.7.
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 11.26.
What is the highest PE ratio for OXY?
Over the last eight 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 47% lower than the 8-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 (Feb 21, 2025), Occidental Petroleum's share price is $50.42. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.59. Therefore, Occidental Petroleum's price to earnings ratio for today is 19.47. PE RATIO(19.47) = STOCK PRICE($50.42) / TTM EPS($2.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.