Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Occidental Petroleum Corp

OXY · NYSE · Energy

Fundamental quality

ATTRACTIVE

79

out of 100

Occidental Petroleum Corp runs like a cash machine: it converts about 15.9% of revenue into free cash flow and holds a 22.6% net margin, though it grows at a measured pace. On fundamental quality it scores 79 out of 100, profiling it as a company with solid fundamentals. Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Occidental Petroleum is a major oil producer focused on the Permian Basin, famous for two things: having Warren Buffett as its anchor shareholder and betting harder than anyone on carbon capture as a future business.

What will shape its future

  • Crude prices, which govern its cash and its ability to keep cutting a still-notable debt load.
  • Berkshire Hathaway's backing, buying shares on dips.
  • Its direct air capture (DAC) bet: visionary or very expensive, depending on whom you ask.

Breakdown by area

I.Growth
70

EPS growth: 24.2% · Revenue growth: 3.3%

II.Profitability
78

Net margin: 22.6% · ROE: 12.3% · ROIC: 4.6%

III.Financial health
87

Net debt/EBITDA: 1.03x · FCF: 15.9%

Source: SEC EDGAR · TTM through 31/03/2026

The score includes +1 for dividend strength: 4 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength, and here its pillars hold up evenly.

Versus its sector

Percentile against the other 30 Energy companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 90%
ROEbeats 38%
Growthbeats 0%
Cash generationbeats 85%
Less debtbeats 64%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Occidental Petroleum Corp strengths

  • Growing earnings per share (24.2% annualized).
  • Strong free-cash-flow generation (FCF margin of 15.9%): profit turns into real cash.
  • High net margin (22.6%), high even for its sector: the business is clearly profitable.
  • It has turned profitable after years of losses.

Occidental Petroleum Corp risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Occidental Petroleum Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
202017,809-14,8311,42034,177
202125,9562,3227,56426,853
202236,63413,30412,31318,686
202323,1564,6966,61217,110
202422,0193,0785,17622,853
202521,5932,3694,10518,655

Between 2020 and 2025, revenue went from $17,809M to $21,593M (+21%) and net income went from -$14,831M to $2,369M (+116%). It has also reduced its net debt over the period.

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue-8.3%
  • Net income+255.4%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$0.96

per share, yearly

8.9% of earnings

Payout

at least 4 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Occidental Petroleum Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Occidental Petroleum Corp a good company to invest in?

In terms of business quality, Occidental Petroleum Corp scores 79 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Occidental Petroleum Corp a profitable company?

Very. Occidental Petroleum Corp shows a net margin of 22.6% and an ROE of 12.3%, typical of a highly profitable business.

Does Occidental Petroleum Corp have a lot of debt?

Not particularly. Its net debt is 1.03 times its EBITDA, a low level.

Is Occidental Petroleum Corp growing?

Its revenue has grown 3.3% annualized in recent years and its earnings per share 24.2%.

Does Occidental Petroleum Corp generate cash?

Yes. It converts about 15.9% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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