OCCIDENTAL PETROLEUM CORP /DE/
$58.75
+0.35 (+0.60%) · delayed · Nov 13, 2026
Five-year price
52w $38.80 to $67.45
- Market cap
- $58.8B
- Enterprise value
- $78.2B
- P/E
- 36.5×
- 22.2× on 3y avg EPS
- EV / EBIT
- —
- FCF yield
- 7.0%
- ROIC
- —
- Debt / equity
- 0.59
- Piotroski F
- 4/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
75
- –ROIC > 12% (5y avg)5y avg ROIC n/a
- ●ROE > 15% (5y avg)5y avg ROE 17.4%
- –Stable operating marginsMargin volatility n/a (σ, 5y)
- ●Earnings convert to cashFCF / net income 180% (5y avg)
- ●Growing revenueRevenue CAGR 5y 4.7%
- ○Shrinking share countDiluted shares 8.9% over 5y
Value
50
- ○P/E below 15P/E 36.5
- –EV/EBIT below 12EV/EBIT n/a
- ●FCF yield above 6%FCF yield 7.0%
- ○Price below Graham NumberGraham Number $36.13
- ●P/B below 3P/B 1.6
Safety
0
- ○Debt / equity below 0.5D/E 0.59
- ○Debt payable in < 4 yrs of earningsNet debt $19.4B
- –Interest coverage > 8xCoverage n/ax
- ○Current ratio > 1.5Current ratio 0.94
- ○Piotroski F-score ≥ 6F-score 4/9
Graham Defensive
14
- ●Adequate size (revenue > $2B)Revenue $21.6B
- ○Strong condition (current ratio ≥ 2)Current ratio 0.94
- ○Earnings stability (no loss, 10y)10 years of data
- ○Uninterrupted dividendsDividends paid every year on record
- ○Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 25%
- ○Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 22.2
- ○P/E × P/B ≤ 22.5Product 36.1
Valuation lab
What do you have to believe?
At $58.75, the market is pricing in about 5.0% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt $19.4B · 1000M shares · 5y revenue CAGR 4.7%
Intrinsic value
$58.72
Price
$58.75
Premium paid
0%
What the price implies
The market is paying for 5.0% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
57% of the value sits beyond year 10.
Financial statements
A decade of the record.
USD millions · fiscal years · source: SEC 10-K XBRL
| Line item | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,090 | 12,508 | 15,560 | 19,192 | 17,130 | 25,959 | 36,234 | 23,230 | 22,710 | 21,569 |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Pre-tax income | (1,664) | 1,328 | 5,608 | 354 | (15,705) | 3,705 | 14,117 | 4,662 | 4,024 | 3,128 |
| Income tax | (662) | 17 | 1,477 | 861 | (2,172) | 915 | 813 | 1,330 | 1,158 | 1,021 |
| Net income | (574) | 1,311 | 4,131 | (985) | (14,831) | 2,322 | 13,304 | 4,696 | 3,078 | 2,369 |
| EPS (diluted) | -0.75 | 1.70 | 5.39 | -1.22 | -17.06 | 1.58 | 12.40 | 3.90 | 2.44 | 1.61 |
| Diluted shares | 764 | 766 | 763 | 810 | 919 | 959 | 1,002 | 961 | 967 | 1,000 |
Who owns it
Superinvestors
Filings wire