NextEra Energy, Inc. vs Occidental Petroleum Corporation — how do they compare? NextEra Energy, Inc. trades at $87.93 (market cap $183.53B), while Occidental Petroleum Corporation trades at $56.45 (market cap $54.89B). The key difference: NextEra Energy, Inc. is far larger — about 3.3× Occidental Petroleum Corporation's market cap, and NextEra Energy, Inc. pays the higher dividend (2.83%). Which is the better fit depends on your goals.
| NEE | OXY | |
|---|---|---|
Market Cap | $183.53B | $54.89B |
Sector | Utilities | Energy |
52-Week High | $97.88 | $66.24 |
52-Week Low | $69.77 | $38.92 |
Enterprise Value | $285.94B | $75.98B |
Dividend Yield | 2.83% | 1.88% |
Trailing returns across standard periods
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2021, the company reported net proved reserves of 3.5 billion barrels of oil equivalent. Net production averaged 1,174 thousand barrels of oil equivalent per day in 2021 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Read more on OXY →