Occidental Petroleum forward PE OXY

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 11.9×
10-year median: 19.5×
Against its 10-year history: 28th; percentile: 0 is its lowest day, 100 its highest
10-year range: 3.2× to 367×
Peer median: 12.3×

Occidental Petroleum's forward PE is 11.9× as of Oct 23, 2026.

That is below its ten-year median of 19.5×, lower than on 72% of days in the last ten years.

Over that time it ranged from 3.2× in Aug 2021 to 367× in Dec 2016.

The median for 10 oil and gas producers of a similar size is 12.3×.

Forward PE over time

median 19.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	11.9×	8.0×	12.2×
2025	10.1×	10.1×	29.5×
2024	21.4×	19.4×	25.0×
2023	21.6×	12.7×	22.7×
2022	13.5×	3.9×	16.0×
2021	3.4×	3.2×	21.5×
2020	n/m a value too high to mean anything
2019	103×	20.4×	109×
2018	19.5×	14.5×	23.7×
2017	19.7×	18.2×	355×
2016	356×	325×	367×
2015	89.6×	88.1×	91.6×
2014	93.2×	12.4×	93.6×
2013	13.4×	11.5×	14.0×
2012	11.4×	11.2×	15.3×
2011	13.0×	9.7×	14.4×
2010	13.5×	10.9×	15.5×
2009	15.1×	12.3×	19.2×
2008	16.8×	7.1×	17.5×
2007	8.6×	7.2×	12.0×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Occidental Petroleum's size, closest first, today.

Company	Forward PE
OXYOccidental Petroleum	11.9×
FANGDiamondback Energy	9.8×
DVNDevon Energy	9.5×
EOGEOG Resources	9.4×
EQTEQT	17.8×
TPLTexas Pacific Land	33.9×
COPConocoPhillips	12.7×
EXEExpand Energy	12.3×
PRPermian Resources	n/m
OVVOvintiv	n/m
APAAPA	n/m
Peer median	12.3×

Where Occidental Petroleum ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Occidental Petroleum

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.