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Occidental Petroleum (OXY, Integrated Oil & Gas) Stock Valuation & Fair Value Mixed on our tests

Occidental Petroleum (OXY, Integrated Oil & Gas) trades at a blended P/E of 11.0, about 39% below its historical normal valuation, with a forward growth estimate of -8.7%. Priced at its historical normal P/E of 17.9 on the same blended earnings, the 2026-10-02 close of $58.08 corresponds to about $94.60 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-10-05
Blended P/E
11.0
Normal P/E
17.9
PEG
—
Fwd growth
-8.7%
Div yield
1.9%
RSI (14)
58.9
Neutral
Technical context
  • Price $60.28 at the 2026-10-08 close, 3.3% above the 20-day average ($58.37) and 3.1% above the 50-day ($58.49).
  • RSI (14) at 58.9.
  • 52-week range $38.38 to $65.63: the price is 8.2% below the high and 57.1% above the low.

The Street vs SeerForecast

Wall Street's mean price target for OXY is $68.36 across 25 analysts, 13.4% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been mixed on our tests since 2026-06-03.

Blended P/E and rating by weekBlended P/E moved from 16.1 to 11.0 between 2026-06-03 and 2026-10-02, against a normal P/E of 17.9, with 3 rating changes over 37 recorded weeks.2026-06-03: P/E 16.1, Mixed on our tests, recalculated for the week of 2026-06-032026-06-10: P/E 15.6, Mixed on our tests, recalculated for the week of 2026-06-102026-06-12: P/E 15.6, Mixed on our tests, recalculated for the week of 2026-06-142026-06-16: P/E 15.6, Mixed on our tests, recalculated for the week of 2026-06-162026-06-18: P/E 15.6, Mixed on our tests, recalculated for the week of 2026-06-212026-07-02: P/E 12.5, Weak on forward returns, recalculated for the week of 2026-07-022026-07-06: P/E 12.8, Weak on forward returns, recalculated for the week of 2026-07-062026-07-09: P/E 12.8, Weak on forward returns, recalculated for the week of 2026-07-092026-07-10: P/E 13.6, Poor on forward returns, recalculated for the week of 2026-07-122026-07-13: P/E 13.6, Poor on forward returns, recalculated for the week of 2026-07-132026-07-14: P/E 13.6, Poor on forward returns, recalculated for the week of 2026-07-142026-07-20: P/E 13.9, Mixed on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 13.9, Mixed on our tests, recalculated for the week of 2026-07-222026-07-24: P/E 14.2, Mixed on our tests, recalculated for the week of 2026-07-252026-07-27: P/E 14.2, Mixed on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 13.8, Mixed on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 13.8, Mixed on our tests, recorded live 2026-08-032026-08-07: P/E 13.8, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 13.8, Mixed on our tests, recorded live 2026-08-102026-08-14: P/E 13.8, Mixed on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 13.8, Mixed on our tests, recorded live 2026-08-172026-08-21: P/E 13.8, Mixed on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 13.8, Mixed on our tests, recorded live 2026-08-242026-08-27: P/E 13.8, Mixed on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 13.8, Mixed on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 13.8, Mixed on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 12.7, Mixed on our tests, recorded live 2026-08-312026-09-04: P/E 12.7, Mixed on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 12.7, Mixed on our tests, recorded live 2026-09-072026-09-11: P/E 12.3, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 12.3, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 11.6, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 11.6, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 11.0, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 11.0, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 11.0, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 11.0, Mixed on our tests, recorded live 2026-10-0512.014.016.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 17.9
Mixed on our testsWeak on forward returnsPoor on forward returnsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 16.1-10%Mixed on our tests (recalculated)
2026-07-02P/E 12.5-30%Weak on forward returns (recalculated)
2026-07-12P/E 13.6-24%Poor on forward returns (recalculated)
2026-07-20P/E 13.9-23%Mixed on our tests (recalculated)
2026-10-03P/E 11.0-39%Mixed on our tests (recalculated)
2026-10-05P/E 11.0-39%Mixed on our tests ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 16.1-10%Mixed on our tests (recalculated)
2026-06-10P/E 15.6-13%Mixed on our tests (recalculated)
2026-06-14P/E 15.6-13%Mixed on our tests (recalculated)
2026-06-16P/E 15.6-13%Mixed on our tests (recalculated)
2026-06-21P/E 15.6-13%Mixed on our tests (recalculated)
2026-07-02P/E 12.5-30%Weak on forward returns (recalculated)
2026-07-06P/E 12.8-29%Weak on forward returns (recalculated)
2026-07-09P/E 12.8-29%Weak on forward returns (recalculated)
2026-07-12P/E 13.6-24%Poor on forward returns (recalculated)
2026-07-13P/E 13.6-24%Poor on forward returns (recalculated)
2026-07-14P/E 13.6-24%Poor on forward returns (recalculated)
2026-07-20P/E 13.9-23%Mixed on our tests (recalculated)
2026-07-22P/E 13.9-23%Mixed on our tests (recalculated)
2026-07-25P/E 14.2-21%Mixed on our tests (recalculated)
2026-07-27P/E 14.2-21%Mixed on our tests (recalculated)
2026-07-31P/E 13.8-23%Mixed on our tests (recalculated)
2026-08-03P/E 13.8-23%Mixed on our tests
2026-08-07P/E 13.8-23%Mixed on our tests (recalculated)
2026-08-10P/E 13.8-23%Mixed on our tests
2026-08-14P/E 13.8-23%Mixed on our tests (recalculated)
2026-08-17P/E 13.8-23%Mixed on our tests
2026-08-21P/E 13.8-23%Mixed on our tests (recalculated)
2026-08-24P/E 13.8-23%Mixed on our tests
2026-08-27P/E 13.8-23%Mixed on our tests (recalculated)
2026-08-28P/E 13.8-23%Mixed on our tests (recalculated)
2026-08-30P/E 13.8-23%Mixed on our tests (recalculated)
2026-08-31P/E 12.7-29%Mixed on our tests
2026-09-05P/E 12.7-29%Mixed on our tests (recalculated)
2026-09-07P/E 12.7-29%Mixed on our tests
2026-09-12P/E 12.3-31%Mixed on our tests (recalculated)
2026-09-14P/E 12.3-31%Mixed on our tests
2026-09-19P/E 11.6-35%Mixed on our tests (recalculated)
2026-09-21P/E 11.6-35%Mixed on our tests
2026-09-26P/E 11.0-39%Mixed on our tests (recalculated)
2026-09-28P/E 11.0-39%Mixed on our tests
2026-10-03P/E 11.0-39%Mixed on our tests (recalculated)
2026-10-05P/E 11.0-39%Mixed on our tests ← now

Frequently asked questions

Is Occidental Petroleum stock overvalued?

At a blended P/E of 11.0 versus its historical normal P/E of 17.9, Occidental Petroleum trades about 39% below its typical valuation. tickerseer currently rates it mixed on our tests.

What is Occidental Petroleum's fair value and PEG?

Occidental Petroleum trades at a blended P/E of 11.0 against a historical normal P/E of 17.9, a forward growth estimate of -8.7%. Priced at its historical normal P/E of 17.9 on the same blended earnings, the 2026-10-02 close of $58.08 corresponds to about $94.60 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Occidental Petroleum changed?

tickerseer's rating has been mixed on our tests since 2026-06-03.

What is the analyst price target for Occidental Petroleum?

The mean Wall Street price target for Occidental Petroleum is $68.36 across 25 analysts, 13.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Integrated Oil & Gas. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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