Filing Flows › Comparisons › SHEL vs OXY
Shell vs Occidental Petroleum: SHEL and OXY compared
Shell is the larger company: $69.7B of revenue in its latest quarter (Q1 2026) against $8.1B for Occidental Petroleum (Q2 2026). Occidental Petroleum is growing faster (+53% against +9% a year earlier). Occidental Petroleum is more profitable, with an operating margin of 48.5% against 13.4%.
Where the money goes: SHEL and OXY
Shell (SHEL) · Q1 2026
Shell, Q1 2026: revenue $69.7B (+9% year over year), operating margin 13.4%, net earnings $5.8B, operating cash flow $6.1B. The chart follows the revenue to costs, profit and cash.
Occidental Petroleum (OXY) · Q2 2026
Occidental Petroleum, Q2 2026: revenue $8.1B (+53% year over year), operating margin 48.5%, net earnings $2.8B, operating cash flow $4.3B. The chart follows the revenue to costs, profit and cash.
| Shell (SHEL) | Occidental Petroleum (OXY) | |
|---|---|---|
| Latest quarter | Q1 2026 | Q2 2026 |
| Revenue | $69.7B | $8.1B |
| Revenue growth, Y/Y | +9% | +53% |
| Operating margin | 13.4% | 48.5% |
| Net earnings | $5.8B | $2.8B |
| Net margin | 8.3% | 34.6% |
| Operating cash flow | $6.1B | $4.3B |
| Free cash flow | — | $2.7B |
| Market value | — | $57.1B |
| P/E | — | 14.5× |
| Analysts’ mean target | — | $70.74 |
Questions
Which is bigger, Shell or Occidental Petroleum?
Shell is the larger company: $69.7B of revenue in its latest quarter (Q1 2026) against $8.1B for Occidental Petroleum (Q2 2026).
Is Shell or Occidental Petroleum growing faster?
Occidental Petroleum is growing faster (+53% against +9% a year earlier).
Which is more profitable, Shell or Occidental Petroleum?
Occidental Petroleum is more profitable, with an operating margin of 48.5% against 13.4%.
More: Shell earnings · how Shell makes money · Occidental Petroleum earnings · how Occidental Petroleum makes money
From the companies' latest 10-Q, 10-K or earnings release (6-K filed May 7, 2026; 10-Q filed Aug 5, 2026). Fiscal quarters can end on different dates. Not investment advice.