P/E ratio for Occidental Petroleum (OXY)
P/E ratio as of July 2025 (TTM): 16.6
According to Occidental Petroleum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.6336. At the end of 2024 the company had a P/E ratio of 18.9.
P/E ratio history for Occidental Petroleum from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 18.9 | 33.28% |
| 2023 | 14.1 | 200.1% |
| 2022 | 4.71 | -73.65% |
| 2021 | 17.9 | -1866.76% |
| 2020 | -1.01 | -97.79% |
| 2019 | -45.8 | -502.09% |
| 2018 | 11.4 | -73.56% |
| 2017 | 43.1 | -145.96% |
| 2016 | -93.7 | 1323.32% |
| 2015 | -6.58 | |
| 2013 | 12.4 | -3.85% |
| 2012 | 12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Marathon Oil
MRO | 10.5 | -36.93% | 🇺🇸 USA |
 ConocoPhillips COP | 11.6 | -30.54% | 🇺🇸 USA |
 Hess HES | 20.6 | 23.82% | 🇺🇸 USA |
 Chevron CVX | 17.0 | 2.48% | 🇺🇸 USA |
 Exxon Mobil XOM | 14.4 | -13.67% | 🇺🇸 USA |
 Devon Energy
DVN | 7.46 | -55.13% | 🇺🇸 USA |
 APA Corporation APA | 6.76 | -59.37% | 🇺🇸 USA |
 EOG Resources EOG | 10.9 | -34.69% | 🇺🇸 USA |
 Southwestern Energy
SWN | 1.42 | -91.47% | 🇺🇸 USA |
 Williams Companies
WMB | 29.7 | 78.46% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.