Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 9.91 as of 2026-09-10T17:15:27.000Z.
Consensus retrieved: 2026-09-10T03:32:00.814Z. This records retrieval, including cache reads, rather than vendor publication. A quote earlier than this retrieval cannot support current forward valuation.
Quote observation: 2026-09-10T17:15:27.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 25ae5a33d153dc6b2e653beb5d6f91796e53c4ccd318edb723b54b594be812a3
Forward PE Ratio (9.91) = Close Price ($61.37) / Consensus Forward EPS ($6.19)
FORWARD PE RATIO
9.91
SECTOR MEDIAN · ENERGY
13.58
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-27.03%
vs the sector median at left
Occidental Petroleum Corporation
Market Cap
$61.04B
Forward PE Ratio
9.91
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Occidental Petroleum Corporation (OXY) | $61.04B | 9.91 |
| MPLX Lp (MPLX)vs › | $60.49B | 13.87 |
| ONEOK, Inc. (OKE)vs › | $60.10B | 16.60 |
| Targa Resources Corp. (TRGP)vs › | $62.60B | 25.86 |
| Baker Hughes Company (BKR)vs › | $59.09B | 22.65 |
| Diamondback Energy, Inc. (FANG)vs › | $57.86B | N/A |
| TC Energy Corporation (TRP)vs › | $64.60B | N/A |
| Devon Energy Corporation (DVN)vs › | $54.83B | 9.74 |
| Kinder Morgan, Inc. (KMI)vs › | $69.24B | 20.44 |
| Energy Transfer LP (ET)vs › | $74.81B | 12.94 |
Trailing P/E
9.4
reported TTM EPS
Forward P/E
9.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.19 implies -4.8% EPS decline vs the reported trailing $6.50.
At today's $61.37 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $6.19 | $5.17 – $8.33 | 12 | 9.9x |
| 2027-12-31 | $3.88 | $2.65 – $7.53 | 14 | 15.8x |
| 2028-12-31 | $4.02 | $3.10 – $5.22 | 7 | 15.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
