Diamondback Energy (FANG) vs Occidental Petroleum (OXY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Occidental Petroleum (OXY) has outperformed Diamondback Energy (FANG) over the past year, gaining 33.8% versus a gain of 28.6%. Over five years, OXY leads with a +90.4% price change compared with +77.0% for FANG. Occidental Petroleum is the larger company by market cap ($60.09 billion vs $53.80 billion), about 1.1 times the size, while Diamondback Energy is growing revenue faster (+35.8% vs -1.9%).
On valuation, Diamondback Energy trades at a lower forward P/E (10.3x vs 14.7x for Occidental Petroleum). Diamondback Energy offers the higher dividend yield (2.21% vs 1.66%). Diamondback Energy converts more of its revenue into profit, with a net margin of 11.1% versus 11.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FANG | OXY |
|---|---|---|
| Share price | $192.13 | $60.11 |
| Market cap | $53.80B | $60.09B |
| 1-day change | +0.23% | -0.28% |
| YTD return | +27.51% | +46.60% |
| 1-year return | +28.58% | +33.84% |
| 5-year return | +77.02% | +90.40% |
| P/E ratio (TTM) | 36.60 | 17.08 |
| Forward P/E | 10.25 | 14.71 |
| EPS (TTM) | $5.25 | $3.52 |
| Dividend yield | 2.21% | 1.66% |
| Annual dividend | $4.25 | $1.00 |
| Revenue (latest FY) | $15.03B | $21.59B |
| Revenue growth (YoY) | +35.79% | -1.93% |
| Net income (latest FY) | $1.66B | $2.37B |
| Operating margin | 8.43% | — |
| Net margin | 11.07% | 10.97% |
| 52-week high | $216.90 | $67.45 |
| 52-week low | $137.03 | $38.80 |
| Distance from 52-week high | -11.42% | -10.88% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +22.14% | +13.72% |
| Average volume | 2.35M | 8.49M |
| Shares outstanding | 280.02M | 999.64M |
| Employees | 1,762 | 10,412 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Diamondback Energy trades at a higher earnings multiple (36.6x vs 17.1x trailing P/E).
- Diamondback Energy grew revenue faster in its latest fiscal year (+35.79% vs -1.93%).
About Diamondback Energy
FANG stock →Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico.
Energy · Oil & Gas Production · 1,762 employees
About Occidental Petroleum
OXY stock →Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing.
Energy · Oil & Gas Production · 10,412 employees
FANG vs OXY FAQ
Which is bigger, Diamondback Energy or Occidental Petroleum?
Occidental Petroleum (OXY) is larger, with a market capitalization of $60.09B compared with $53.80B for Diamondback Energy (FANG).
Which stock has performed better over the past year, FANG or OXY?
OXY returned +33.84% over the past 12 months, compared with +28.58% for FANG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FANG or OXY?
OXY has the lower trailing P/E at 17.1, versus 36.6 for FANG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Diamondback Energy or Occidental Petroleum?
Diamondback Energy has the higher yield at 2.21%, compared with 1.66% for Occidental Petroleum.
Are Diamondback Energy and Occidental Petroleum in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.