LIVE
FANG
Diamondback Energy, Inc. · Energy
$183.50
-11.68% this month
VERSUS
⟷
COMPARE
OXY
Occidental Petroleum Corporation · Energy
$51.82
-14.63% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
FANG
4
OXY
1
Comparison scoreboard
FANG LEADS 4/5AI Score
FANG ✓50.8
OXY 28.0
1Y Return
FANG ✓+19.99%
OXY +12.70%
Fwd P/E
FANG ✓10.91
OXY 14.02
Target Up.
FANG ✓+21.45%
OXY +15.85%
Op. Margin
FANG 5.79%
OXY ✓17.72%
Metrics last refreshed: 6/20/2026
Quick take
FANG vs OXY Stock Comparison: AI Score, Valuation, Performance and Upside
Diamondback and Occidental are both Permian Basin-focused oil companies, but FANG is a pure-play Permian E&P while OXY is a larger, more diversified company with chemicals, carbon capture, and Berkshire's backing. FANG offers the cleaner, more focused Permian exposure; OXY offers more capital structure complexity with more diversification.
FANG vs OXY is a pure-play Permian operator with best-in-class costs (Diamondback) versus a larger Permian producer with diversified businesses and Buffett's backing but higher leverage (Occidental) — FANG provides cleaner Permian exposure, OXY provides more corporate structure complexity with optionality from OxyChem and carbon capture.
Live analysis · updated 6/20/2026
FANG holds the edge across 4 of 5 key metrics in this comparison. FANG leads on both 1-year return (+19.99%) and forward P/E (10.91x vs 14.02x for OXY), a relatively favorable combination of momentum and valuation. On fundamentals, FANG is growing revenue faster (4.20%), while OXY maintains the higher operating margin (17.72%) — a classic growth-versus-profitability split. Analyst consensus implies meaningfully more upside for FANG (+21.45%) than for OXY (+15.85%).
Normalized 1Y performance
FANG
OXY
Recent returns
FANG
OXY
Analyst price targets & sentiment
FANG · 31 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.6/5.0)
Price target range
analyst low$142.00
analyst mean$233.34
current price$183.50
+21.5% upside to analyst mean
OXY · 26 analysts
STRONG BUYHOLDSTRONG SELL
Hold (2.7/5.0)
Price target range
analyst low$38.00
analyst high$66.00
analyst mean$65.50
current price$51.82
+15.8% upside to analyst mean
Who should consider this stock?
FANG may suit investors who:
- →prefer a pure-play Permian Basin operator with deep Midland and Delaware acreage from the Endeavor acquisition
- →value industry-leading per-well productivity and low operating costs delivering superior free cash flow per barrel
- →want clean, focused Permian E&P exposure without chemicals or carbon capture diversification
- →are comfortable with pure E&P oil price sensitivity without downstream earnings buffers during price downturns
OXY may suit investors who:
- →prefer OXY's broader corporate structure with Permian E&P, OxyChem chemicals, and carbon capture optionality
- →value Berkshire Hathaway's significant ownership as a valuation anchor and long-term institutional validation
- →want a larger enterprise with more diversified earnings streams than a pure Permian E&P
- →are comfortable with higher financial leverage and debt reduction as the primary near-term use of free cash flow
Performance & AI score
| Metric | FANG | OXY |
|---|---|---|
| AI score | 50.8 | 28.0 |
| AI rank | #418 | #2449 |
| Latest close | $183.50 | $51.82 |
| 1M return | -11.68% | -14.63% |
| 6M return | +19.10% | +27.54% |
| 1Y return | +19.99% | +12.70% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | FANG | OXY |
|---|---|---|
| 1Y ago | $12.33K (+23.3%) started 2025-06-18 | $11.43K (+14.3%) started 2025-06-18 |
| 5Y ago | $29.65K (+196.5%) started 2021-06-21 | $19.12K (+91.2%) started 2021-06-21 |
| 10Y ago | $34.57K (+245.7%) started 2016-06-20 | $12.05K (+20.5%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | FANG | OXY |
|---|---|---|
| Market cap | $54.05B | $56.24B |
| Trailing P/E | 196.05 | 76.41 |
| Forward P/E | 10.91 | 14.02 |
| Price/Sales | 3.34 | 1.52 |
| EV/Revenue | 5.11 | 3.69 |
| Analyst target | $233.34 | $65.50 |
| Target upside | +21.45% | +15.85% |
Growth, profitability & risk
| Metric | FANG | OXY |
|---|---|---|
| Revenue growth | 4.20% | -8.30% |
| Earnings growth | -98.40% | 315.60% |
| EPS growth | -98.40% | +315.60% |
| FCF margin | +9.66% | +14.36% |
| Operating margin | 5.79% | 17.72% |
| Profit margin | 1.96% | 22.42% |
| ROIC proxy | 0.47% | 4.05% |
| Return on equity | 0.47% | 4.05% |
| Dividend yield | 2.29% | 1.84% |
| Beta | 0.39 | 0.12 |
| Debt/equity | 32.59 | 41.99 |
| Current ratio | 0.56 | 1.21 |
| Quick ratio | 0.48 | 0.91 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
FANG max drawdown14.13%
OXY max drawdown21.77%
FANG max wkly drop9.13%
OXY max wkly drop12.01%
5Y risk snapshot
FANG max drawdown42.10%
OXY max drawdown50.77%
FANG max wkly drop25.87%
OXY max wkly drop26.59%
10Y risk snapshot
FANG max drawdown88.72%
OXY max drawdown88.39%
FANG max wkly drop57.10%
OXY max wkly drop63.08%
Performance metrics by period
| Period | Metric | FANG | OXY |
|---|---|---|---|
| 1Y | Growth | +23.34% | +14.27% |
| CAGR | +23.37% | +14.29% | |
| Sharpe ratio | 0.69 | 0.43 | |
| Max drawdown | 14.13% | 21.77% | |
| Max daily drop | 5.38% | 7.31% | |
| Max wkly drop | 9.13% | 12.01% | |
| 5Y | Growth | +141.67% | +83.21% |
| CAGR | +19.33% | +12.89% | |
| Sharpe ratio | 0.54 | 0.39 | |
| Max drawdown | 42.10% | 50.77% | |
| Max daily drop | 12.68% | 11.01% | |
| Max wkly drop | 25.87% | 26.59% | |
| 10Y | Growth | +162.88% | -12.41% |
| CAGR | +10.15% | -1.32% | |
| Sharpe ratio | 0.36 | 0.14 | |
| Max drawdown | 88.72% | 88.39% | |
| Max daily drop | 44.65% | 52.01% | |
| Max wkly drop | 57.10% | 63.08% |
Business comparison
| Category | FANG | OXY |
|---|---|---|
| Company | Diamondback Energy, Inc. | Occidental Petroleum Corporation |
| Sector | Energy | Energy |
| Industry | Oil & Gas E&P | Oil & Gas E&P |
| Core business | Diamondback Energy is a pure-play Permian Basin oil and gas company focused exclusively on the Midland and Delaware basins. Its acquisition of Endeavor Energy Partners in 2024 made it one of the largest Permian Basin operators. FANG targets best-in-class Permian well productivity, low operating costs, and high free cash flow conversion that is returned to shareholders via buybacks and dividends. The company has no downstream, chemicals, or carbon capture business — pure upstream E&P. | Occidental Petroleum is a large E&P company with Permian Basin operations, OxyChem chemicals, and a carbon capture subsidiary (1PointFive). Berkshire Hathaway holds a significant stake including warrants. OXY carries more financial leverage than FANG from the 2019 Anadarko acquisition, but is methodically reducing debt. Its broader business model (chemicals, CO2 sequestration) differentiates it from pure Permian plays. |
| Investor focus | Investors track Permian Basin production growth (BOE/day), free cash flow per share, return of capital percentage (base dividend plus variable dividend plus buybacks), and Endeavor integration synergy realization. | Investors track Permian production growth, net debt paydown pace, OxyChem chemical margins, 1PointFive carbon capture development, and the Berkshire Hathaway ownership signal. |
FANG strengths
- →Premium Permian Basin acreage position in both Midland and Delaware basins with long multi-decade drilling inventory from Endeavor acquisition
- →Industry-leading per-well productivity and low operating costs in the Permian create best-in-class free cash flow per barrel
- →Highly focused management team with sole Permian focus allowing deep operational expertise without capital diluted to non-Permian assets
OXY strengths
- →Buffett's Berkshire Hathaway ownership stake and warrants provide a perceived valuation floor and long-term shareholder alignment
- →OxyChem chemicals provide earnings diversification during oil price weakness when E&P margins compress
- →1PointFive carbon capture optionality becomes valuable if carbon capture markets develop under future pricing policy
Risks to watch — FANG
- →Pure Permian focus means FANG has no earnings diversification buffer during oil price downturns unlike integrated peers
- →Endeavor integration is a significant organizational project — execution must deliver promised cost synergies
- →Permian infrastructure constraints (water disposal, gas takeaway) can limit production growth in tight periods
Risks to watch — OXY
- →Higher financial leverage than FANG from Anadarko acquisition creates more equity price sensitivity during oil price downturns
- →OxyChem cyclicality can introduce earnings volatility that pure-play E&P investors may not want
- →Carbon capture business (1PointFive) requires significant ongoing capital with uncertain near-term commercial returns
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