Compare · OXY vs PTEN
OXY vs PTEN
Side-by-side comparison of Occidental Petroleum Corporation (OXY) and Patterson-UTI Energy Inc. (PTEN): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both OXY and PTEN operate in Oil & Gas Production (Energy), so they compete in similar markets.
- OXY is the larger of the two at $56.62B, about 13.0x PTEN ($4.37B).
- Over the past year, OXY is up 31.7% and PTEN is up 94.4% - PTEN leads by 62.7 points.
- PTEN has been more active in the news (6 items in the past 4 weeks vs 4 for OXY).
- Both have 25 recent analyst ratings on file.
Occidental Petroleum Corporation
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The company's Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Patterson-UTI Energy Inc.
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas and southeastern New Mexico, north central and east Texas, northern Louisiana, Colorado, Wyoming, North Dakota, south Texas, western Oklahoma, Pennsylvania, Ohio, and West Virginia. As of December 31, 2020, this segment had a drilling fleet of 210 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors and wireline steering tools; and services that enhance the accuracy of horizontal wellbore placement. It also service equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. The company was founded in 1978 and is headquartered in Houston, Texas.
Latest OXY
- President and CEO Jackson Richard A. was granted 101,833 shares, increasing direct ownership by 30% to 439,328 units (SEC Form 4)
- Director Hollub Vicki A. was granted 3,183 shares and covered exercise/tax liability with 74,178 shares, decreasing direct ownership by 6% to 1,037,826 units (SEC Form 4) (withholding obligation)
- Occidental Petro upgraded by Barclays with a new price target
- Occidental Petro upgraded by Goldman with a new price target
- Amendment: SEC Form SCHEDULE 13G/A filed by Occidental Petroleum Corporation
- Director Moore Jack B was granted 6,720 shares and covered exercise/tax liability with 1,479 shares, increasing direct ownership by 7% to 76,431 units (SEC Form 4) to cover withholding tax
- Director Bailey Vicky A covered exercise/tax liability with 1,223 shares and was granted 3,734 shares, increasing direct ownership by 19% to 15,490 units (SEC Form 4) (for tax liability)
- Director Robinson Kenneth B. was granted 4,149 shares and covered exercise/tax liability with 913 shares, increasing direct ownership by 27% to 15,359 units (SEC Form 4) to cover taxes
- Director Gould Andrew was granted 4,978 shares and covered exercise/tax liability with 1,494 shares, increasing direct ownership by 8% to 46,334 units (SEC Form 4) (tax withholding)
- Director Gutierrez Carlos M was granted 3,734 shares, increasing direct ownership by 5% to 82,651 units (SEC Form 4)
Latest PTEN
- Patterson-UTI Reports Drilling Activity for May 2026
- Patterson-UTI Energy Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
- EVP & Chief Operating Officer Holcomb James Michael sold $1,720,500 worth of shares (150,000 units at $11.47), decreasing direct ownership by 26% to 421,523 units (SEC Form 4)
- SEC Form SD filed by Patterson-UTI Energy Inc.
- Patterson-UTI Energy Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Patterson-UTI Energy Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
- EVP, General Counsel&Secretary Wexler Seth David covered exercise/tax liability with 10,363 shares, decreasing direct ownership by 2% to 524,582 units (SEC Form 4) (withholding obligation)
- Executive Vice President Berns Kenneth N covered exercise/tax liability with 12,096 shares, decreasing direct ownership by 1% to 1,043,987 units (SEC Form 4) to cover withholding tax
- EVP & Chief Operating Officer Holcomb James Michael covered exercise/tax liability with 12,395 shares, decreasing direct ownership by 2% to 571,523 units (SEC Form 4) to satisfy withholding obligation
- President & CEO Hendricks William Andrew Jr covered exercise/tax liability with 48,952 shares, decreasing direct ownership by 2% to 2,742,474 units (SEC Form 4) to cover withholding tax