Energy Transfer LP (ET) vs Occidental Petroleum Corporation (OXY)

A side-by-side comparison of Energy Transfer LP and Occidental Petroleum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnET vs OXY

growth of $100 · dividends reinvested · last 21y
ET +1334.9%OXY +129.7%ET compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020102014201820222026$1,435$230
ET OXY

ET vs OXY: by the numbers

  • ET is the larger company ($69.27B vs $55.61B market cap).
  • ET trades at the lower trailing earnings multiple (12.43 vs 14.90 P/E), one valuation lens rather than an overall verdict.
  • OXY converts more revenue to profit (28.41% vs 5.99% net margin).
  • ET grew revenue faster over the past five years (14.94% vs 4.66% CAGR).
  • ET pays the higher dividend yield (6.63% vs 1.79%).

Metrics side by side

Valuation

MetricETOXY
P/E ratio12.4314.90
Forward P/E12.8810.11
P/S ratio0.672.38
P/B ratio1.381.42
PEG ratio2.23N/A
EV / EBITDA9.186.30
FCF yield5.25%6.47%

Profitability

MetricETOXY
Gross margin24.11%33.78%
Operating margin10.60%20.12%
Net margin5.99%28.41%
ROE12.39%6.57%
ROIC7.17%3.15%

Dividends

MetricETOXY
Dividend yield6.63%1.79%
Payout ratio98.16%59.17%

Growth (annualized)

MetricETOXY
Revenue CAGR (5Y)14.94%4.66%
EPS CAGR (5Y)0.25%N/A
FCF CAGR (5Y)11.51%23.66%
Total return CAGR (5Y)26.39%17.78%

Frequently asked

Which has the lower trailing P/E, ET or OXY?
ET has the lower trailing P/E: ET trades at 12.43 and OXY at 14.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ET or OXY?
Over the past five years, ET grew revenue faster — ET at a 14.94% CAGR versus OXY at 4.66%.
Does ET or OXY pay a bigger dividend?
ET yields 6.63% and OXY yields 1.79% based on trailing dividends and the latest price.
Is ET or OXY more profitable?
OXY runs the higher net margin — ET at 5.99% versus OXY at 28.41%.
How have ET and OXY total returns compared?
Over the past 10 years, ET delivered 10.81% and OXY delivered 0.35% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 8, 2026.