Occidental Petroleum Corp (OXY)

Crude Petroleum & Natural Gas

Latest Price

$55.32

TTM P/E

8.56

Normalized P/E

9.51

Div Yield

1.81%

Book Value

33.64

P/B Ratio

1.64

Valuation metrics

EPS: $1.61

Book value / share: $36.54

Formula: √(22.5 × EPS × BVPS)

Graham Number

$36.38

34% downside

Norm. op. income: $3.7B (median of 7yr)

Tax rate: 27%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$7.74

86% downside

Base FCF: $6.0B (median of recent 5yr)

Growth: 9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$120.02

+117% upside

EPS: $1.61

Target P/E: 10×

Formula: EPS × P/E

P/E Fair Value

$16.10

71% downside

86.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Berkshire Hathaway Inc	264.94M	$12.87B	26.50%	--	2026-06-30
Dodge & Cox	72.76M	$3.53B	7.28%	-1.32M	2026-06-30
BlackRock, Inc.	55.86M	$2.71B	5.59%	+3.22M	2026-06-30
Vanguard Capital Management LLC	48.10M	$2.34B	4.81%	+684.1K	2026-06-30
State Street Corp	46.14M	$2.25B	4.62%	+2.87M	2026-06-30
Vanguard Portfolio Management LLC	39.51M	$1.92B	3.95%	+3.33M	2026-06-30
Geode Capital Management, LLC	19.90M	$962.0M	1.99%	+531.8K	2026-06-30
Invesco Ltd.	12.75M	$619.0M	1.27%	+5.18M	2026-06-30
Morgan Stanley	12.24M	$594.0M	1.22%	+1.26M	2026-06-30
AQR Capital Management LLC	11.47M	$557.0M	1.15%	+2.75M	2026-06-30