ONEOK (OKE) vs Occidental Petroleum (OXY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Occidental Petroleum (OXY) has outperformed ONEOK (OKE) over the past year, gaining 28.4% versus a gain of 21.5%. Over five years, OXY leads with a +83.2% price change compared with +35.2% for OKE. Occidental Petroleum is the larger company by market cap ($58.19 billion vs $55.51 billion), about 1.0 times the size, while ONEOK is growing revenue faster (+55.0% vs -1.9%).
On valuation, ONEOK trades at a lower forward P/E (14.1x vs 14.2x for Occidental Petroleum). ONEOK offers the higher dividend yield (4.82% vs 1.72%). Occidental Petroleum converts more of its revenue into profit, with a net margin of 11.0% versus 10.1%.
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 | OKE | OXY |
|---|---|---|
| Share price | $88.05 | $58.21 |
| Market cap | $55.51B | $58.19B |
| 1-day change | -1.32% | -0.21% |
| YTD return | +19.80% | +41.56% |
| 1-year return | +21.53% | +28.41% |
| 5-year return | +35.21% | +83.23% |
| P/E ratio (TTM) | 15.21 | 16.54 |
| Forward P/E | 14.11 | 14.25 |
| EPS (TTM) | $5.79 | $3.52 |
| Dividend yield | 4.82% | 1.72% |
| Annual dividend | $4.24 | $1.00 |
| Revenue (latest FY) | $33.63B | $21.59B |
| Revenue growth (YoY) | +54.99% | -1.93% |
| Net income (latest FY) | $3.39B | $2.37B |
| Gross margin | 30.50% | — |
| Operating margin | 17.07% | — |
| Net margin | 10.09% | 10.97% |
| 52-week high | $99.85 | $67.45 |
| 52-week low | $64.02 | $38.80 |
| Distance from 52-week high | -11.82% | -13.70% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.93% | +17.44% |
| Average volume | 3.64M | 8.65M |
| Shares outstanding | 630.41M | 999.64M |
| Employees | 6,326 | 10,412 |
| Sector | Utilities | 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
- ONEOK offers a meaningfully higher dividend yield (4.82% vs 1.72%).
- ONEOK grew revenue faster in its latest fiscal year (+54.99% vs -1.93%).
- The two companies sit in different sectors: ONEOK in Utilities and Occidental Petroleum in Energy.
About ONEOK
OKE stock →ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States.
Utilities · Oil & Gas Production · 6,326 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
OKE vs OXY FAQ
Which is bigger, ONEOK or Occidental Petroleum?
Occidental Petroleum (OXY) is larger, with a market capitalization of $58.19B compared with $55.51B for ONEOK (OKE).
Which stock has performed better over the past year, OKE or OXY?
OXY returned +28.41% over the past 12 months, compared with +21.53% for OKE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OKE or OXY?
OKE has the lower trailing P/E at 15.2, versus 16.5 for OXY. 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, ONEOK or Occidental Petroleum?
ONEOK has the higher yield at 4.82%, compared with 1.72% for Occidental Petroleum.
Are ONEOK and Occidental Petroleum in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Utilities sector.