Valuation check: OXY's P/E ratio is 9.24, below the Energy sector average of 20.63.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Occidental Petroleum (OXY) currently reports a P/E ratio of 9.24. That is below the Energy sector average of 20.63. Use the charts on this page to explore Occidental Petroleum's P/E ratio history and peer comparisons.
Occidental Petroleum's P/E ratio of 9.24 is lower than the Energy sector average of 20.63. That is roughly 55.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Occidental Petroleum's market price to a fundamental measure such as earnings, sales, or book value. At 9.24, OXY can look expensive or cheap only in context — versus its own history, growth rate, and Energy peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 9.24, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 20.63. From there, open related valuation or income-statement pages for Occidental Petroleum, and consider following OXY for alerts when major investors trade the stock.
Occidental Petroleum is classified in the Energy sector. On P/E ratio, it currently shows 9.24 versus a sector average near 20.63. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Energy are usually more informative than comparing OXY with unrelated industries.