Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 9.44 is 30% below its 5-year average of 13.54, near the low end of its 5-year range (4.73–42.14).
As of 2026-09-10T17:15:27.000Z. 61.82% below its 12-month average of 24.72.
Quote observation: 2026-09-10T17:15:27.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 25ae5a33d153dc6b2e653beb5d6f91796e53c4ccd318edb723b54b594be812a3
PE Ratio (9.44) = Close Price ($61.37) / Diluted TTM EPS ($6.50)
PE RATIO
9.44
PE RATIO AVG TTM
24.72
PE RATIO AVG 3Y
17.06
PE RATIO AVG 5Y
13.54
PE RATIO AVG 10Y
17.55
PE RATIO AVG 15Y
15.64
PE RATIO AVG 20Y
13.18
CURRENT VS TTM AVG
-61.82%
CURRENT VS 3Y AVG
-44.68%
CURRENT VS 5Y AVG
-30.27%
CURRENT VS 10Y AVG
-46.22%
CURRENT VS 15Y AVG
-39.62%
CURRENT VS 20Y AVG
-28.38%
SECTOR MEDIAN · ENERGY
15.55
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-39.29%
vs the sector median at left
Occidental Petroleum Corporation
Market Cap
$61.04B
PE Ratio
9.44
TTM Avg
24.72
3Y Avg
17.06
5Y Avg
13.54
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Occidental Petroleum Corporation (OXY) | $61.04B | 9.44 | 24.72 | 17.06 | 13.54 |
| MPLX Lp (MPLX)vs › | $60.49B | 12.82 | 11.95 | 11.35 | 10.83 |
| ONEOK, Inc. (OKE)vs › | $60.10B | 16.44 | 14.99 | 16.22 | 16.65 |
| Targa Resources Corp. (TRGP)vs › | $62.60B | 27.78 | 26.19 | 27.90 | 35.70 |
| Baker Hughes Company (BKR)vs › | $59.09B | 19.14 | 19.27 | 18.41 | 32.22 |
| Diamondback Energy, Inc. (FANG)vs › | $57.86B | 40.17 | 71.07 | 30.20 | 24.82 |
| TC Energy Corporation (TRP)vs › | $64.60B | 25.91 | 25.19 | 20.22 | 23.75 |
| Devon Energy Corporation (DVN)vs › | $54.83B | 11.84 | 10.26 | 8.45 | 15.41 |
| Kinder Morgan, Inc. (KMI)vs › | $69.24B | 19.93 | 22.39 | 20.76 | 20.85 |
| Energy Transfer LP (ET)vs › | $74.81B | 13.50 | 13.93 | 13.74 | 11.58 |
At 9.4, P/E is below its 20-year median — higher than 19% of readings in its 20-year history.
20-year low
4.1
median
12.8
20-year high
506.3
Trailing P/E
9.4
Forward P/E
9.9
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$61.37
Forward EPS (Est.)
$6.19
Forward P/E
9.91
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-09 | 9.43 |
| 2026-09-08 | 9.33 |
| 2026-09-04 | 9.24 |
| 2026-09-03 | 9.32 |
| 2026-09-02 | 9.37 |
| 2026-09-01 | 9.38 |
| 2026-08-31 | 9.26 |
| 2026-08-28 | 9.09 |
| 2026-08-27 | 9.10 |
| 2026-08-26 | 9.02 |
| 2026-08-25 | 8.98 |
| 2026-08-24 | 9.25 |
| 2026-08-21 | 9.43 |
| 2026-08-20 | 9.46 |
| 2026-08-19 | 9.24 |
| 2026-08-18 | 9.20 |
| 2026-08-17 | 9.08 |
| 2026-08-14 | 8.98 |
| 2026-08-13 | 8.88 |
| 2026-08-12 | 9.01 |
| 2026-08-11 | 9.08 |
| 2026-08-10 | 9.02 |
| 2026-08-07 | 8.60 |
| 2026-08-06 | 8.62 |
| 2026-08-05 | 13.41 |
| 2026-08-04 | 13.73 |
| 2026-08-03 | 13.83 |
| 2026-07-31 | 14.23 |
| 2026-07-30 | 13.95 |
| 2026-07-29 | 13.97 |
| 2026-07-28 | 13.44 |
| 2026-07-27 | 13.69 |
| 2026-07-24 | 14.29 |
| 2026-07-23 | 14.36 |
| 2026-07-22 | 14.33 |
| 2026-07-21 | 14.09 |
| 2026-07-20 | 13.76 |
| 2026-07-17 | 13.68 |
| 2026-07-16 | 13.38 |
| 2026-07-15 | 13.40 |
| 2026-07-14 | 13.60 |
| 2026-07-13 | 13.66 |
| 2026-07-10 | 13.19 |
| 2026-07-09 | 13.04 |
| 2026-07-08 | 13.36 |
| 2026-07-07 | 12.88 |
| 2026-07-06 | 12.17 |
| 2026-07-02 | 12.19 |
| 2026-07-01 | 11.95 |
| 2026-06-30 | 12.11 |
| 2026-06-29 | 12.24 |
| 2026-06-26 | 12.46 |
| 2026-06-25 | 12.77 |
| 2026-06-24 | 12.74 |
| 2026-06-23 | 13.02 |
| 2026-06-22 | 12.96 |
| 2026-06-18 | 12.92 |
| 2026-06-17 | 13.22 |
| 2026-06-16 | 13.38 |
| 2026-06-15 | 13.58 |
| 2026-06-12 | 14.10 |
| 2026-06-11 | 13.83 |
| 2026-06-10 | 14.24 |
| 2026-06-09 | 14.10 |
| 2026-06-08 | 14.33 |
| 2026-06-05 | 14.19 |
| 2026-06-04 | 14.63 |
| 2026-06-03 | 14.87 |
| 2026-06-02 | 14.73 |
| 2026-06-01 | 14.69 |
| 2026-05-29 | 14.12 |
| 2026-05-28 | 14.29 |
| 2026-05-27 | 14.18 |
| 2026-05-26 | 14.32 |
| 2026-05-22 | 14.66 |
| 2026-05-21 | 14.67 |
| 2026-05-20 | 14.68 |
| 2026-05-19 | 15.13 |
| 2026-05-18 | 14.88 |
| 2026-05-15 | 14.86 |
| 2026-05-14 | 14.17 |
| 2026-05-13 | 14.01 |
| 2026-05-12 | 14.03 |
| 2026-05-11 | 13.75 |
| 2026-05-08 | 13.22 |
| 2026-05-07 | 13.45 |
| 2026-05-06 | 13.72 |
| 2026-05-05 | 36.83 |
| 2026-05-04 | 37.41 |
| 2026-05-01 | 36.44 |
| 2026-04-30 | 37.60 |
| 2026-04-29 | 37.71 |
| 2026-04-28 | 36.38 |
| 2026-04-27 | 35.54 |
| 2026-04-24 | 35.45 |
| 2026-04-23 | 35.89 |
| 2026-04-22 | 35.41 |
| 2026-04-21 | 34.96 |
| 2026-04-20 | 33.81 |
| 2026-04-17 | 33.39 |
| 2026-04-16 | 35.30 |
| 2026-04-15 | 34.65 |
| 2026-04-14 | 34.37 |
| 2026-04-13 | 36.04 |
| 2026-04-10 | 35.98 |
| 2026-04-09 | 36.33 |
| 2026-04-08 | 37.10 |
| 2026-04-07 | 39.06 |
| 2026-04-06 | 39.08 |
| 2026-04-02 | 39.08 |
| 2026-04-01 | 38.62 |
| 2026-03-31 | 40.34 |
| 2026-03-30 | 41.11 |
| 2026-03-27 | 40.54 |
| 2026-03-26 | 39.95 |
| 2026-03-25 | 38.39 |
| 2026-03-24 | 38.02 |
| 2026-03-23 | 37.43 |
| 2026-03-20 | 37.68 |
| 2026-03-19 | 36.98 |
| 2026-03-18 | 36.23 |
| 2026-03-17 | 35.83 |
| 2026-03-16 | 35.53 |
| 2026-03-13 | 35.92 |
| 2026-03-12 | 36.25 |
| 2026-03-11 | 34.50 |
| 2026-03-10 | 32.97 |
| 2026-03-09 | 34.15 |
| 2026-03-06 | 33.63 |
| 2026-03-05 | 33.04 |
| 2026-03-04 | 33.27 |
| 2026-03-03 | 33.32 |
| 2026-03-02 | 33.65 |
| 2026-02-27 | 32.94 |
| 2026-02-26 | 31.92 |
| 2026-02-25 | 31.62 |
| 2026-02-24 | 32.24 |
| 2026-02-23 | 32.54 |
| 2026-02-20 | 32.17 |
| 2026-02-19 | 31.98 |
| 2026-02-18 | 34.39 |
| 2026-02-17 | 33.53 |
| 2026-02-13 | 33.63 |
| 2026-02-12 | 33.20 |
| 2026-02-11 | 34.48 |
| 2026-02-10 | 33.77 |
| 2026-02-09 | 34.06 |
| 2026-02-06 | 33.80 |
| 2026-02-05 | 32.91 |
| 2026-02-04 | 34.08 |
| 2026-02-03 | 33.04 |
| 2026-02-02 | 31.97 |
| 2026-01-30 | 33.13 |
| 2026-01-29 | 33.15 |
| 2026-01-28 | 32.72 |
| 2026-01-27 | 32.52 |
| 2026-01-26 | 32.06 |
| 2026-01-23 | 32.19 |
| 2026-01-22 | 31.50 |
| 2026-01-21 | 31.76 |
| 2026-01-20 | 30.83 |
| 2026-01-16 | 31.17 |
| 2026-01-15 | 31.51 |
| 2026-01-14 | 32.35 |
| 2026-01-13 | 31.61 |
| 2026-01-12 | 31.18 |
| 2026-01-09 | 31.28 |
| 2026-01-08 | 31.55 |
| 2026-01-07 | 29.92 |
| 2026-01-06 | 30.47 |
| 2026-01-05 | 30.09 |
| 2026-01-02 | 30.93 |
| 2025-12-31 | 30.01 |
| 2025-12-30 | 30.26 |
| 2025-12-29 | 29.50 |
| 2025-12-26 | 29.09 |
| 2025-12-24 | 29.20 |
| 2025-12-23 | 29.27 |
| 2025-12-22 | 29.39 |
| 2025-12-19 | 28.92 |
| 2025-12-18 | 29.00 |
| 2025-12-17 | 29.66 |
| 2025-12-16 | 28.41 |
| 2025-12-15 | 29.34 |
| 2025-12-12 | 29.98 |
| 2025-12-11 | 30.07 |
| 2025-12-10 | 30.47 |
| 2025-12-09 | 30.33 |
| 2025-12-08 | 30.19 |
| 2025-12-05 | 30.97 |
| 2025-12-04 | 31.15 |
| 2025-12-03 | 30.99 |
| 2025-12-02 | 30.64 |
| 2025-12-01 | 30.91 |
| 2025-11-28 | 30.66 |
| 2025-11-26 | 30.23 |
| 2025-11-25 | 30.23 |
| 2025-11-24 | 30.24 |
| 2025-11-21 | 30.25 |
| 2025-11-20 | 30.08 |
| 2025-11-19 | 30.26 |
| 2025-11-18 | 31.04 |
| 2025-11-17 | 30.43 |
| 2025-11-14 | 31.21 |
| 2025-11-13 | 30.67 |
| 2025-11-12 | 30.61 |
| 2025-11-11 | 30.55 |
| 2025-11-10 | 24.59 |
| 2025-11-07 | 24.30 |
| 2025-11-06 | 23.71 |
| 2025-11-05 | 23.38 |
| 2025-11-04 | 23.58 |
| 2025-11-03 | 24.07 |
| 2025-10-31 | 24.24 |
| 2025-10-30 | 23.94 |
| 2025-10-29 | 23.87 |
| 2025-10-28 | 24.02 |
| 2025-10-27 | 24.88 |
| 2025-10-24 | 25.04 |
| 2025-10-23 | 25.22 |
| 2025-10-22 | 24.55 |
| 2025-10-21 | 24.06 |
| 2025-10-20 | 24.14 |
| 2025-10-17 | 24.06 |
| 2025-10-16 | 24.14 |
| 2025-10-15 | 24.64 |
| 2025-10-14 | 24.87 |
| 2025-10-13 | 24.95 |
| 2025-10-10 | 24.79 |
| 2025-10-09 | 26.19 |
| 2025-10-08 | 26.49 |
| 2025-10-07 | 26.66 |
| 2025-10-06 | 26.71 |
| 2025-10-03 | 26.38 |
| 2025-10-02 | 26.02 |
| 2025-10-01 | 28.07 |
| 2025-09-30 | 27.79 |
| 2025-09-29 | 28.29 |
| 2025-09-26 | 27.92 |
| 2025-09-25 | 27.64 |
| 2025-09-24 | 27.58 |
| 2025-09-23 | 27.31 |
| 2025-09-22 | 26.92 |
| 2025-09-19 | 27.12 |
| 2025-09-18 | 27.86 |
| 2025-09-17 | 27.76 |
| 2025-09-16 | 28.09 |
| 2025-09-15 | 26.75 |
| 2025-09-12 | 26.86 |
| 2025-09-11 | 27.07 |
| 2025-09-10 | 27.24 |
| 2025-09-09 | 26.55 |
| 2025-09-08 | 26.69 |
| 2025-09-05 | 27.01 |
| 2025-09-04 | 27.42 |
| 2025-09-03 | 27.24 |
| 2025-09-02 | 28.26 |
| 2025-08-29 | 28.01 |
| 2025-08-28 | 27.95 |
| 2025-08-27 | 27.57 |
Showing the most recent 260 of 3,962 data points. The chart above shows the full history.