Occidental Petroleum Corporation (OXY) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2025, the company reported net prov...
Occidental Petroleum Corporation (OXY) currently trades at a P/E ratio of 8.53 (historical range: 4.72–41.64, median: 13.15), placing it at the 31th percentile — below its historical average, P/S ratio of 2.88 (range: 1.06–3.48, 93th percentile — expensive relative to its history), EV/EBITDA of 14.65 (range: 5.80–319.39, 54th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Occidental Petroleum Corporation's P/E ratio has expanded by 95% over the observed period (from an average of 9.1 to 17.7).
Occidental Petroleum Corporation trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 8.53 | 13.15 | 31th | below its historical average |
| P/S Ratio | 2.88 | 2.23 | 93th | expensive relative to its history |
| EV/EBITDA | 14.65 | 14.35 | 54th | near its historical average |
| FCF Yield | 8.52% | 9.13% | 41th | near its historical average |
Occidental Petroleum Corporation (OXY) Valuation & P/E History
Occidental Petroleum Corporation (OXY) is a US-listed stock operating in the Energy sector, specifically the Crude Petroleum & Natural Gas industry currently trading at $62.36 with a market capitalization of $62.3 billion. This page provides historical valuation analysis for OXY based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 8.53 is below the historical median of 13.15, placing OXY at the 31th percentile of its valuation range. The P/S ratio of 2.88 compares to a median of 2.23.
OXY Valuation Metrics & Historical Range
The valuation table above shows Occidental Petroleum Corporation's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether OXY is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests OXY is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Occidental Petroleum Corporation.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is OXY Overvalued or Undervalued?
Occidental Petroleum Corporation trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 59 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive OXY is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full OXY analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.OXY trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.