Energy Transfer LP (ET) vs Occidental Petroleum Corporation (OXY)
ET and OXY are evenly matched — 8 metrics each of 16.
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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ET vs OXY
growth of $100 · last 20yET +232.7%OXY +15.9%ET compounded faster
ET OXY
ET vs OXY: by the numbers
- •ET is the larger company ($66.14B vs $51.95B market cap).
- •OXY trades at the lower earnings multiple (13.02 vs 14.34 P/E).
- •OXY converts more revenue to profit (20.31% vs 5.41% net margin).
- •ET grew revenue faster over the past five years (15.06% vs 6.31% CAGR).
- •ET pays the higher dividend yield (6.95% vs 1.91%).
Which is better, ET or OXY?
Metric tally: ET 8 · OXY 8It depends on what you're optimizing for:
ValueOXY(lower P/E)
GrowthET(faster 5Y revenue CAGR)
IncomeET(higher dividend yield)
QualityET(higher ROIC)
Metrics side by side
Valuation
| Metric | ET | OXY |
|---|---|---|
| P/E ratio | 14.34 | 13.02● |
| Forward P/E | 12.09● | 13.31 |
| P/S ratio | 0.74● | 2.25 |
| P/B ratio | 1.93 | 1.34● |
| PEG ratio | 2.23 | — |
| EV / EBITDA | 9.30 | 5.59● |
| FCF yield | 5.50% | 6.83%● |
Profitability
| Metric | ET | OXY |
|---|---|---|
| Gross margin | 22.91% | 26.23%● |
| Operating margin | 11.11% | 12.39%● |
| Net margin | 5.41% | 20.31%● |
| ROE | 14.02%● | 12.09% |
| ROIC | 7.17%● | 3.15% |
Dividends
| Metric | ET | OXY |
|---|---|---|
| Dividend yield | 6.95%● | 1.91% |
| Payout ratio | 98.16% | 59.17% |
Growth (annualized)
| Metric | ET | OXY |
|---|---|---|
| Revenue CAGR (5Y) | 15.06%● | 6.31% |
| EPS CAGR (5Y) | 0.25%● | -15.29% |
| FCF CAGR (5Y) | -11.11% | 13.30%● |
| Total return CAGR (5Y) | 21.42%● | 12.55% |
Frequently asked
- Which is better, ET or OXY?
- It depends on your goal. value: OXY (lower P/E); growth: ET (faster 5Y revenue CAGR); income: ET (higher dividend yield); quality: ET (higher ROIC). Across all compared metrics, they are evenly matched.
- Is ET or OXY cheaper?
- On trailing earnings, OXY is cheaper: ET trades at a 14.34 P/E and OXY at 13.02.
- Which has grown faster, ET or OXY?
- Over the past five years, ET grew revenue faster — ET at a 15.06% CAGR versus OXY at 6.31%.
- Does ET or OXY pay a bigger dividend?
- ET yields 6.95% and OXY yields 1.91% based on trailing dividends and the latest price.
- Is ET or OXY more profitable?
- OXY runs the higher net margin — ET at 5.41% versus OXY at 20.31%.
- Which has been the better investment, ET or OXY?
- Over the past 10-year, ET delivered the higher annualized total return — ET at 11.87% versus OXY at -0.94%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Energy Transfer LP P/E ratioOccidental Petroleum P/E ratioEnergy Transfer LP dividend yieldOccidental Petroleum dividend yieldEnergy Transfer LP ROEOccidental Petroleum ROEEnergy Transfer LP operating marginOccidental Petroleum operating marginEnergy Transfer LP revenue growthOccidental Petroleum revenue growthEnergy Transfer LP free cash flowOccidental Petroleum free cash flow
Energy Transfer LP & Occidental Petroleum appear in these rankings
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 June 24, 2026.