OXY vs EQNR vs TTE Stock Comparison

Occidental Petroleum, Equinor Asa and TotalEnergies SE Prices as of Oct 26, 2026 Peers: Industry group
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EQNR Equinor Asa
$48.11 +14.1% 1M +98.6% 1Y
Market cap
$122.35B
P/E
15.2x
Revenue (TTM)
$114.42B
Div. yield
–
Integrated Oil and Gas Energy
3 wins
TTE TotalEnergies SE
$93.79 +3.1% 1M +51.0% 1Y
Market cap
$202.58B
P/E
18.0x
Revenue (TTM)
$115.93B
Div. yield
0.04%
Integrated Oil and Gas Energy
6 wins

Head to Head

12 decided of 12

TotalEnergies SE leads on 6 of the 12 questions below (TotalEnergies SE 6, Occidental Petroleum 3, Equinor Asa 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionOXYEQNRTTELeader
Larger companyMarket capitalisation $62.60B $122.35B $202.58B TTE
Cheaper on earningsLower P/E, profitable companies only 9.5x 15.2x 18.0x OXY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.0x 8.9x 8.1x TTE
Faster revenue growthRevenue growth, trailing twelve months +7.3% +5.8% +13.8% TTE
More profitableNet margin, trailing twelve months 30.3% 7.0% 9.7% OXY
Better return on capitalReturn on invested capital 6.6% 47.7% 22.6% EQNR
Less leveragedLower net debt / EBITDA 0.8x 0.0x 0.5x EQNR
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.04% TTE
Better 1-year returnPrice return, last 12 months +50.5% +98.6% +51.0% EQNR
Better 5-year returnAnnualised price return, 5 years +14.0%/yr +13.1%/yr +13.2%/yr OXY
Less volatileAnnualised volatility, 1 year 34.5% 39.0% 24.9% TTE
Higher overall scoreMean of the five percentile scores vs peers 62/100 67/100 71/100 TTE

Percentile Scorecard

OXYEQNRTTE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisOXYEQNRTTE
Valuation 55 #45 of 99 81 #20 of 99 84 #17 of 99
Growth 72 #28 of 97 56 #43 of 97 67 #33 of 97
Profitability 68 #31 of 96 82 #18 of 96 79 #21 of 96
Financial Health 61 #40 of 102 57 #44 of 102 53 #49 of 102
Shareholder Returns 52 #37 of 76 59 #32 of 76 72 #22 of 76
Overall 62 67 71
  • OXY ranked among 103 companies in Oil and Gas Upstream
  • EQNR ranked among 103 companies in Oil and Gas Upstream
  • TTE ranked among 103 companies in Oil and Gas Upstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodOXYEQNRTTESPY
1 month +12.7%+14.1%+3.1% -0.8%
3 months +16.7%+25.0%+11.4% +3.5%
6 months +11.9%+26.4%+5.7% +7.0%
Year to date +55.8%+103.6%+43.4% +12.2%
1 year +50.5%+98.6%+51.0% +13.0%
3 years +3.0%+43.2%+41.5% +86.3%
3 years, per year +1.0%+12.7%+12.3% +23.1%
5 years +92.4%+84.8%+86.0% +68.6%
5 years, per year +14.0%+13.1%+13.2% +11.0%
10 years -13.9%+194.6%+95.6% +258.0%
10 years, per year -1.5%+11.4%+6.9% +13.6%

Risk

MeasureOXYEQNRTTESPY
Volatility, 1Y 34.5%39.0%24.9% 12.7%
Downside volatility, 1Y 32.7%38.4%24.6% 12.7%
Beta vs S&P 500, 1Y -0.80-1.09-0.33 1.00
Return / volatility, 1Y 1.462.532.05 1.02
Max drawdown, 5Y -52.5%-47.8%-28.4% -25.4%
From 52-week high -3.3%-1.4%0.0% -1.8%
52-week high $66.24$48.81$93.79 $779.14
52-week low $38.92$22.41$60.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleOXYEQNRTTE
P/E now vs peer median 9.7xmedian 13.5x 15.5xmedian 13.5x 18.3xmedian 13.5x
P/S now vs peer median 3.0xmedian 2.1x 1.1xmedian 2.1x 1.8xmedian 2.1x
EV/EBITDA now vs peer median 6.0xmedian 5.9x 2.7xmedian 5.9x 3.4xmedian 5.9x
P/FCF now vs peer median 11.7xmedian 11.0x 12.6xmedian 11.0x 6.4xmedian 11.0x
P/B now vs peer median 1.5xmedian 1.5x 2.8xmedian 1.5x 1.6xmedian 1.5x
PEG now vs peer median 4.75median 2.27 —median 2.27 -1.58median 2.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsOXYEQNRTTE
Revenue $21.67B $114.42B $115.93B
Gross profit – – $115.93B
Operating income – $32.53B $54.64B
Net income $7.31B $9.05B $18.10B
Free cash flow $5.45B $9.58B $32.15B
R&D $258.00M $880.00M $228.00M
EPS (diluted) $6.50 $3.08 $4.37
Cash & equivalents $4.15B $8.06B $27.68B
Total debt $13.74B $105.13B $259.58B
Shares (diluted) 1.01B 2.60B 2.57B
Enterprise value $50.51B $36.81B $83.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricOXYEQNRTTE
P/E 9.7x 15.5x 18.3x
P/FCF 11.7x 12.6x 6.4x
P/Operating cash flow 5.4x 5.2x 6.3x
P/S 3.0x 1.1x 1.8x
P/B 1.5x 2.8x 1.6x
P/Tangible book 1.5x 2.8x 1.6x
EV/EBITDA 6.0x 2.7x 3.4x
EV/EBIT 14.6x 3.7x 4.4x
EV/Revenue 3.4x 1.1x 2.1x
EV/FCF 13.5x 12.6x 7.4x
EV/Operating cash flow 6.2x 5.2x 7.2x
PEG (3Y EPS CAGR) 4.75 – -1.58

Growth

14 metrics
MetricOXYEQNRTTE
Revenue growth (1Y) 7.3% 5.8% 13.8%
Revenue CAGR (3Y) -11.8% – -14.9%
Gross profit growth (1Y) – – 13.8%
Gross profit CAGR (3Y) – – 2.8%
Operating income growth (1Y) – 7.6% 13.9%
Operating income CAGR (3Y) – – 0.7%
Net income growth (1Y) 200.5% 10.0% 38.7%
Net income CAGR (3Y) 2.5% – -3.2%
EPS growth (1Y) 281.4% 24.1% 72.0%
EPS CAGR (3Y) 2.0% – -11.6%
Operating cash flow growth (1Y) -2.0% 15.5% 17.2%
Operating cash flow CAGR (3Y) -5.7% – -5.0%
Free cash flow growth (1Y) 282.5% 39.6% 19.1%
Free cash flow CAGR (3Y) -9.2% – -4.4%

Profitability

14 metrics
MetricOXYEQNRTTE
Gross margin – – 100.0%
EBITDA margin 57.1% 38.9% 59.8%
Operating margin – 28.4% 47.1%
Pretax margin 24.7% 29.0% 28.9%
Net margin 30.3% 7.0% 9.7%
FCF margin 25.2% 8.4% 27.7%
Operating cash flow margin 54.9% 20.2% 28.5%
Return on equity 17.8% 20.9% 8.9%
Return on assets 9.1% 658.7% 3.6%
Return on invested capital 6.6% 47.7% 22.6%
Return on capital employed 7.0% – 25.4%
Asset turnover 0.3x 83.3x 0.4x
Cash conversion (OCF / net income) 1.6x 2.6x 1.8x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricOXYEQNRTTE
Debt / assets 17.1% 1,784% 20.1%
Debt / equity 0.3x 0.6x 0.5x
Net debt / EBITDA 0.8x 0.0x 0.5x
Debt / FCF 2.5x 2.5x 2.0x
Liabilities / assets 47.3% -3,046% 58.3%
Equity / assets 52.7% 3,146% 41.7%
Interest coverage 4.9x – 23,923,370x
Current ratio 1.4x 1.2x 1.1x
Quick ratio 0.9x 0.9x 0.5x
Cash ratio 0.5x 0.6x 0.3x
Altman Z-score 2.01 – –

Shareholder Returns

7 metrics
MetricOXYEQNRTTE
Dividend yield 1.6% 3.2% 5.5%
Net buyback yield -0.3% – 0.5%
Shareholder yield 1.3% 3.2% 6.1%
Payout ratio (earnings) 22.6% – 44.0%
Payout ratio (FCF) 30.4% – 24.8%
Dividend growth (1Y) 8.5% – 6.1%
Dividend CAGR (3Y) 7.5% – 2.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusOXYEQNRTTE
Forward P/E 9.0xFY2026 8.9xFY2026 8.1xFY2026
EPS, next fiscal year $7.10FY2026 $5.41FY2026 $11.64FY2026
EPS growth, next FY +221.3%FY2026 +119.0%FY2026 +68.9%FY2026
EPS growth, the year after -25.4% -15.7% -7.9%
Revenue, next fiscal year $28.98BFY2026 $120.69BFY2026 $203.15BFY2026
Revenue growth, next FY +16.1%FY2026 +14.0%FY2026 +11.4%FY2026
Revenue growth, the year after -13.0% -1.4% +3.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersOXYEQNRTTE
Held by institutions 83.4% 6.6% 46.3%
Institutions holding 1,238 409 1,002
Change in shares held, QoQ +4.5% +1.8% +3.8%
Institutions buying 641 230 457
Institutions selling 372 115 354
Buyers to sellers 1.72 2.00 1.29

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

OXYEQNRTTE
OXY 1.00 0.75 0.58
EQNR 0.75 1.00 0.71
TTE 0.58 0.71 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, OXY, EQNR and TTE?

TotalEnergies SE (TTE) is the largest by market capitalisation: Occidental Petroleum (OXY) $62.60B, Equinor Asa (EQNR) $122.35B, TotalEnergies SE (TTE) $202.58B.

Which stock is cheaper, OXY, EQNR and TTE?

Occidental Petroleum (OXY) trades on the lowest price-to-earnings ratio (Occidental Petroleum (OXY) 9.5x, Equinor Asa (EQNR) 15.2x, TotalEnergies SE (TTE) 18.0x). On next year's consensus earnings, TotalEnergies SE (TTE) is cheapest (Occidental Petroleum (OXY) 9.0x, Equinor Asa (EQNR) 8.9x, TotalEnergies SE (TTE) 8.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

TotalEnergies SE (TTE) grew revenue fastest over the trailing twelve months: Occidental Petroleum (OXY) +7.3%, Equinor Asa (EQNR) +5.8%, TotalEnergies SE (TTE) +13.8%.

Which company is more profitable?

Occidental Petroleum (OXY) has the highest net margin (Occidental Petroleum (OXY) 30.3%, Equinor Asa (EQNR) 7.0%, TotalEnergies SE (TTE) 9.7%). On return on invested capital, Equinor Asa (EQNR) leads (Occidental Petroleum (OXY) 6.6%, Equinor Asa (EQNR) 47.7%, TotalEnergies SE (TTE) 22.6%).

Which stock has performed better?

Over the past year Equinor Asa (EQNR) returned the most: Occidental Petroleum (OXY) +50.5%, Equinor Asa (EQNR) +98.6%, TotalEnergies SE (TTE) +51.0%. Over five years, Occidental Petroleum (OXY) compounded fastest (Occidental Petroleum (OXY) +14.0%/yr, Equinor Asa (EQNR) +13.1%/yr, TotalEnergies SE (TTE) +13.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

TotalEnergies SE (TTE) has the highest dividend yield: Occidental Petroleum (OXY) 0.03%, Equinor Asa (EQNR) 0.00%, TotalEnergies SE (TTE) 0.04%. Equinor Asa (EQNR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, TotalEnergies SE (TTE) has been the steadiest (Occidental Petroleum (OXY) 34.5%, Equinor Asa (EQNR) 39.0%, TotalEnergies SE (TTE) 24.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, OXY, EQNR and TTE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, TotalEnergies SE (TTE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.