Occidental Petroleum's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Occidental Petroleum (OXY) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Occidental Petroleum vs Its Competitors
- TTM: Trailing 12-month revenue of 21,671M vs 1,483,605M combined for tracked competitors (1.4% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+48.9% annualized vs trailing 12 months), vs accelerating (+25.3%) for its tracked peer group.
- Growth: Occidental Petroleum generated 53.4% revenue growth year over year in Q2 2026, vs 42.1% for its tracked competitors combined.
- Profitability: Its 37.2% net margin compares with 13.8% for the peer group.
- Scale: Occidental Petroleum ranks #7 of 134 companies by market capitalization in the Oil And Gas Production industry, holding 3.8% of industry market cap.
- Peer revenue share: Occidental Petroleum accounted for 1.7% of combined revenue among its tracked peer group, up from 1.6% a year earlier.
- Peer differentiation: Revenue per employee of $2.08M compares with $3.54M for the peer group (0.6x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
OXY Sales vs. its Competitors, Q2 2026
Occidental Petroleum reported revenue growth of 53.39 % year on year in Q2 2026, above its competitors' combined revenue growth of 42.13 %.
With a net margin of 37.15 %, Occidental Petroleum achieved higher profitability than its competitors (13.84 %).
Occidental Petroleum generated 1.71 % of the combined sales of its peer group, up from 1.58 % a year earlier.
Occidental Petroleum vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Occidental Petroleum and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Occidental Petroleum Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (2) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Occidental Petroleum's competitor groups requires a Commercial License.
For context: the Oil And Gas Production industry grew revenue 3.3% year over year, combined, vs 53.4% for Occidental Petroleum. Occidental Petroleum's share of combined industry revenue moved from 0.37% to 0.54%, a gain of 0.18 percentage points.
Occidental Petroleum's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Occidental Petroleum Corporation | Yes | No | No | - |
| Competitors combined (122) | ||||
| High-Confidence Competitors (2) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
OXY Stock Performance relative to its Competitors
OXY Stock Performance relative to High-Confidence Competitors
OXY Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Blue Dolphin Energy Co | 282.9% | Outperformed |
| 2 | Dupont De Nemours Inc | 282.9% | Outperformed |
| 3 | Calumet Inc | 282.9% | Outperformed |
| 4 | Zion Oil and Gas Inc | 282.9% | Outperformed |
| 5 | Valero Energy Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Occidental Petroleum's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Occidental Petroleum's Comment on Competition and Industry Peers
As a producer of oil and condensate, NGLs and natural gas, Occidental competes with numerous other domestic and foreign private and government producers. Oil, NGLs and natural gas are commodities that are sensitive to prevailing global and, in certain cases local, current and anticipated market conditions. They are sold at current market prices or on a forward basis to refiners and other market participants. Occidental’s competitive strategy relies on increasing production through developing conventional and unconventional mature and underdeveloped fields, enhanced oil recovery (EOR) projects and strategic acquisitions. Occidental also competes to develop and produce its worldwide oil and gas reserves cost-effectively, maintain a skilled workforce and obtain quality services.
OxyChem competes with numerous other domestic and foreign chemical producers. For every product it manufactures and markets, OxyChem’s market position was first or second in the United States. OxyChem’s competitive strategy is to be a low-cost producer of its products in order to compete on price.
Occidentals midstream and marketing businesses operate in competitive and highly regulated markets. Occidentals domestic pipeline business competes with other midstream transportation companies to provide transportation services.
Publicly Traded Peers of Occidental Petroleum Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Occidental Petroleum Corporation | 56,784.42 | 21,671.00 |
| Exxon Mobil Corporation | 678,400.22 | 368,757.00 |
| Chevron Corp | 407,361.69 | 215,261.00 |
| Shell Plc | 286,930.72 | 266,886.00 |
| Totalenergies Se | 199,342.93 | 162,863.00 |
| Conocophillips | 153,044.70 | 63,345.00 |
| SUBTOTAL | 3,274,911.70 | 2,474,952.64 |
Sign in to see all competitors of Occidental Petroleum Corporation.
Sources: Occidental Petroleum Corporation's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Occidental Petroleum Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Occidental Petroleum's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Texas Pacific Land Corporation | Named by the company | 85% |
| Valero Energy Corp | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Occidental Petroleum's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Occidental Petroleum's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Occidental Petroleum Corporation | Oil and gas 95.12 % |
| Exxon Mobil Corporation | Corporate and Unallocated 0.20 % |
| Chevron Corp | Reportable Segment, Aggregation before Other Operating 99.73 % |
| Parker hannifin Corporation | Diversified Industrial 66.93 % |
| Valero Energy Corp | Refining 95.14 % |
| Phillips 66 | Refining 69.25 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Sign in to see all peers for Occidental Petroleum Corporation.
Occidental Petroleum's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Occidental Petroleum Corporation | 56,784 | 2,081,348 | 702,171 |
| Exxon Mobil Corporation | 678,400 | 6,357,879 | 575,414 |
| Chevron Corp | 407,362 | 5,001,533 | 487,116 |
| Shell Plc | 286,931 | 3,139,835 | 213,165 |
| Totalenergies Se | 199,343 | 17,683,279 | 1,450,271 |
| Conocophillips | 153,045 | 6,398,485 | 936,263 |
| PEERS TOTAL | 3,218,127 | 3,536,940 | 254,488 |
Sign in to see all peers for Occidental Petroleum Corporation.
Occidental Petroleum's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Occidental Petroleum Corporation | Non-US 20.75 % |
| Parker hannifin Corporation | North America 67.21 % |
| Phillips 66 | United States 79.26 % |
| Sharkninja Inc | North America 64.87 % |
| Ppg Industries Inc | North America 35.64 % |
| Broadridge Financial Solutions Inc | United States 85.26 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Sign in to see all peers for Occidental Petroleum Corporation.
Occidental Petroleum's Position in Industry Market Structure
Market-capitalization share and concentration across all 113 companies in Occidental Petroleum's industry classification, broader than the peer set above. Market cap in millions of $.Occidental Petroleum ranks #7 of 113 companies by market capitalization in its industry, holding 3.76 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 787, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Shell Plc | 291,528 | 18.98 % |
| 2 | Totalenergies Se | 218,956 | 14.25 % |
| 3 | Canadian Natural Resources Limited | 105,431 | 6.86 % |
| 4 | Eni Spa | 96,790 | 6.30 % |
| 5 | Slb Limited | 1,234 | 5.2% |
| 6 | Eog Resources Inc | 1,234 | 5.2% |
| 7 | Occidental Petroleum Corporation | 57,786 | 3.76 % |
| 8 | Cenovus Energy Inc | 1,234 | 5.2% |
| 9 | Diamondback Energy Inc | 1,234 | 5.2% |
| 10 | Devon Energy Corp | 1,234 | 5.2% |
Market cap and industry share for the rest of Occidental Petroleum's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Occidental Petroleum's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 2 | Totalenergies Se | 218,956 | 46.30 % |
| 3 | Canadian Natural Resources Limited | 105,431 | 47.31 % |
| 4 | Eni Spa | 96,790 | 57.22 % |
| 5 | Slb Limited | 77,333 | 48.45 % |
| 6 | Eog Resources Inc | 1,234 | 12.3% |
| 7 | Occidental Petroleum Corporation | 57,786 | 21.49 % |
| 8 | Cenovus Energy Inc | 1,234 | 12.3% |
| 9 | Diamondback Energy Inc | 1,234 | 12.3% |
| 10 | Devon Energy Corp | 1,234 | 12.3% |
| 11 | Woodside Energy Group Ltd | 1,234 | 12.3% |
| 12 | Petrobras Petroleo Brasileiro Sa | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Occidental Petroleum's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Occidental Petroleum's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Oil And Gas Production industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (165 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | - | 57.30 % (avg) | - |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 62.07 % | 11.81 % (avg) | +50.3 pp |
| Capital Intensity (Capex / Revenue) | 26.14 % | 24.95 % (avg) | +1.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Occidental Petroleum's Valuation vs Competitive Position
Valuation multiples vs the Oil And Gas Production industry average (165 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 8.6x | 15.8x | -7.2x |
| EV / EBITDA | 5.6x | 8.9x | -3.4x |
| P/B | 1.4x | 1.8x | -0.4x |
| Return on Equity | 18.83 % | industry aggregate | 6.84 % |
| Return on Invested Capital | - | 5.38 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Occidental Petroleum's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 42.50 % | 14.41 % | -12.67 % | 45.75 % | 41.14 % | -22.87 % | -5.42 % | -19.20 % |
| Operating Margin | 25.56 % | 29.33 % | -36.55 % | 41.83 % | 59.78 % | 49.50 % | 49.37 % | 55.96 % |
| Return on Invested Capital | 7.54 % | 5.44 % | -5.70 % | 10.80 % | 21.18 % | 13.39 % | 11.46 % | 9.98 % |
| P/E | 12.4x | - | - | 64.6x | 5.9x | 15.1x | 20.3x | 26.0x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Occidental Petroleum's BCG Growth-Share Matrix
Relative market share (vs Occidental Petroleum's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Occidental Petroleum falls in the Dog quadrant: relative market share of 0.20x vs its largest competitor, in an industry growing revenue 0.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Occidental Petroleum's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 787 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 26.14 % vs industry average 24.95 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Occidental Petroleum's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Occidental Petroleum's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Occidental Petroleum's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Occidental Petroleum falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Occidental Petroleum's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 6.8 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+48.9% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.20x).
Opportunities
- A meaningful share of tracked competitors (32.70 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Occidental Petroleum's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Occidental Petroleum Corporation | 0.34 | 1.11 | 0.57 |
| Exxon Mobil Corporation | 0.13 | 1.11 | 0.17 |
| Chevron Corp | 0.01 | 1.16 | 0.21 |
| Shell Plc | 0.37 | 1.30 | 0.05 |
| Totalenergies Se | 0.28 | 0.97 | 0.02 |
| Conocophillips | 0.49 | 1.36 | 0.45 |
Sign in to see all peers for Occidental Petroleum Corporation.
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Occidental Petroleum's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Occidental Petroleum Corporation | Q2 2026 | +53.4 % | +540.2 % |
| Exxon Mobil Corporation | Q2 2026 | +42.3 % | +97.5 % |
| Chevron Corp | Q2 2026 | +56.3 % | +385.6 % |
| Shell Plc | Q4 2025 | -6.1 % | +9.7 % |
| Totalenergies Se | Q4 2025 | -7.1 % | -16.7 % |
| Conocophillips | Q2 2026 | +36.8 % | +98.8 % |
| PEERS TOTAL | +7.4 % | +55.9 % |
Sign in to see all peers for Occidental Petroleum Corporation.
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Occidental Petroleum's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Occidental Petroleum Corporation | Q2 2026 | - | -6.8 % |
| Exxon Mobil Corporation | Q2 2026 | - | +3.9 % |
| Chevron Corp | Q2 2026 | +36.3 % | +22.3 % |
| Shell Plc | Q4 2025 | - | - |
| Totalenergies Se | Q4 2025 | - | - |
| Conocophillips | Q2 2026 | +32.0 % | - |
Sign in to see all peers for Occidental Petroleum Corporation.
Occidental Petroleum's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Occidental Petroleum Corporation | 8.90% | 8.31% | 18.83% |
| Exxon Mobil Corporation | 7.29% | 7.92% | 12.57% |
| Chevron Corp | 6.40% | 6.49% | 10.85% |
| Shell Plc | 4.89% | 4.22% | 10.33% |
| Totalenergies Se | 4.59% | 11.37% | 11.37% |
| Conocophillips | 7.55% | 8.36% | 14.30% |
Sign in to see all peers for Occidental Petroleum Corporation.
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Occidental Petroleum's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Occidental Petroleum Corporation | 8.68 | 2.62 |
| Exxon Mobil Corporation | 20.97 | 1.84 |
| Chevron Corp | 19.59 | 1.89 |
| Shell Plc | 16.09 | 1.08 |
| Totalenergies Se | 15.19 | 1.22 |
| Conocophillips | 16.72 | 2.42 |
| PEERS AVERAGE | 17.82 | 1.32 |
Sign in to see all peers for Occidental Petroleum Corporation.
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.