Occidental Petroleum Corporation

NYSE:OXY Stock Report

Market Cap: US$56.0b

Occidental Petroleum Valuation

Is OXY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OXY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OXY ($63.13) is trading below our estimate of fair value ($118.99)

Significantly Below Fair Value: OXY is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for OXY?

Other financial metrics that can be useful for relative valuation.

OXY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.1x
Enterprise Value/EBITDA6.9x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does OXY's PE Ratio compare to its peers?

The above table shows the PE ratio for OXY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.5x
CVX Chevron
14.5x3.9%US$293.3b
XOM Exxon Mobil
14x5.8%US$457.6b
ET Energy Transfer
15.8x16.5%US$56.3b
OKE ONEOK
21.7x9.4%US$48.7b
OXY Occidental Petroleum
16.9x21.9%US$56.0b

Price-To-Earnings vs Peers: OXY is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (16.5x).


Price to Earnings Ratio vs Industry

How does OXY's PE Ratio compare vs other companies in the US Oil and Gas Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: OXY is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the US Oil and Gas industry average (11.2x).


Price to Earnings Ratio vs Fair Ratio

What is OXY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OXY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.9x
Fair PE Ratio19x

Price-To-Earnings vs Fair Ratio: OXY is good value based on its Price-To-Earnings Ratio (16.9x) compared to the estimated Fair Price-To-Earnings Ratio (19x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OXY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$63.13
US$71.50
+13.3%
10.1%US$85.00US$53.00n/a24
Jul ’25US$62.88
US$71.83
+14.2%
10.4%US$90.00US$53.00n/a23
Jun ’25US$62.50
US$71.78
+14.9%
10.4%US$90.00US$53.00n/a23
May ’25US$64.45
US$71.54
+11.0%
10.8%US$90.00US$57.00n/a24
Apr ’25US$66.38
US$66.22
-0.2%
7.9%US$77.00US$57.00n/a22
Mar ’25US$61.36
US$65.72
+7.1%
9.2%US$80.00US$56.00n/a22
Feb ’25US$57.32
US$67.20
+17.2%
10.9%US$85.00US$59.00n/a22
Jan ’25US$59.71
US$68.67
+15.0%
10.1%US$85.00US$59.00n/a23
Dec ’24US$58.83
US$70.25
+19.4%
9.5%US$85.00US$60.00n/a24
Nov ’24US$61.36
US$70.32
+14.6%
9.8%US$85.00US$60.00n/a25
Oct ’24US$64.88
US$68.92
+6.2%
9.7%US$85.00US$59.00n/a25
Sep ’24US$64.57
US$67.50
+4.5%
9.0%US$80.00US$57.00n/a24
Aug ’24US$62.64
US$66.42
+6.0%
9.3%US$81.00US$56.00n/a24
Jul ’24US$58.80
US$68.00
+15.6%
11.0%US$82.00US$54.00US$62.8824
Jun ’24US$58.12
US$68.96
+18.6%
12.7%US$87.00US$54.00US$62.5024
May ’24US$61.17
US$70.88
+15.9%
14.1%US$93.00US$53.00US$64.4526
Apr ’24US$62.43
US$70.81
+13.4%
13.7%US$93.00US$53.00US$66.3826
Mar ’24US$59.71
US$73.08
+22.4%
12.6%US$93.00US$57.00US$61.3626
Feb ’24US$63.50
US$74.77
+17.7%
13.5%US$100.00US$57.00US$57.3226
Jan ’24US$62.99
US$75.88
+20.5%
13.3%US$100.00US$57.00US$59.7126
Dec ’23US$68.80
US$76.62
+11.4%
13.9%US$100.00US$57.00US$58.8326
Nov ’23US$73.80
US$74.24
+0.6%
19.5%US$110.00US$44.00US$61.3626
Oct ’23US$61.45
US$74.53
+21.3%
18.7%US$110.00US$44.00US$64.8825
Sep ’23US$68.40
US$74.35
+8.7%
19.2%US$110.00US$44.00US$64.5726
Aug ’23US$65.23
US$73.81
+13.1%
19.3%US$110.00US$44.00US$62.6426
Jul ’23US$60.44
US$74.25
+22.8%
16.4%US$93.00US$44.00US$58.8024

Analyst Forecast: Target price is less than 20% higher than the current share price.


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