THE OUTLAW

Sheriff Pat Garrett welcomes his friend Doc Holliday to Lincoln, New Mexico. Doc is looking for his stolen horse, only to find the strawberry roan in the possession of Billy the Kid, who says he bought it from someone else. They spar over it, yet take a liking to each other, much to Garrett's disgust. Doc still tries to steal his horse back late that night, but Billy is waiting and foils him.

Billy then decides to sleep in the barn, only to be shot at. He overpowers his ambusher, the willful Rio McDonald, Doc's love interest. She is out to avenge her brother, slain by the Kid, and next tries to stab Billy with a pitchfork, but he overpowers and rapes her.

The next day, a stranger offers to shoot Garrett in the back while the Kid distracts the lawman, but Billy suspects a trap and guns the man down in self-defense. There are no witnesses, and Garrett tries to arrest Billy, only to have Doc take Billy's side. As the pair attempt to leave, Garrett shoots Billy. Doc blasts the rifle out of Garrett's hand, kills two deputies, and holds off a third.

Doc flees with Billy to the home of Rio and her aunt, Guadalupe. With a posse after them, Doc leaves Billy and rides away. Instead of killing the unconscious Kid, Rio is now drawn to him and nurses him back to health over the next month, even climbing in bed with him when he becomes chilled. By the time Doc returns, Rio has fallen in love with Billy, and claims to have secretly married the still delirious gunslinger. Doc is furious that Billy has stolen first his horse and now his girlfriend. After Doc simmers down, the Kid gives him a choice: the horse or Rio. To Billy's annoyance, Doc picks the horse. Angered that both men prefer the animal over her, Rio secretly fills their canteens with sand. The two men ride off together.

On the trail, they are pursued by Garrett. The pair surmise that Rio tipped off the sheriff. Billy leaves in the night to confront her. Garrett arrives and captures a sleeping Doc and holds him prisoner.

Before the two men can depart, they find that Billy has left Rio tied nearby, in sight of water, in revenge. Suspecting that Billy loves Rio and will return to free her, Garrett waits. Billy does come back and is captured.

On the way back to town, they are surrounded by hostile Mescaleros. In a desperate situation, Garrett reluctantly frees his prisoners and returns their guns, after Billy promises to surrender his revolvers if they escape, but Doc evades making such a promise. They manage to elude the Indians, and Doc balks at giving his guns back. The foursome continue on together, away from Lincoln.

Later that night, Doc seeks to leave with the contested horse, but Billy protests. The two men decide to duel, which Garrett expects Billy to lose. However, as they await the signal to draw, Billy moves his hands away from his guns. Doc tries to provoke him, winging the Kid three times, but Billy refuses to return fire. The two reconcile. Furious, Garrett calls Doc out, despite not having a chance. Doc makes no attempt to shoot his friend and is fatally wounded. Garrett is nonplussed.

After Doc is buried, Garrett offers to give Billy Doc's revolvers as mementos, requesting Billy's in return. He says he'll tell everyone he'd buried Billy instead of Doc, and the Kid can leave his past behind and make a fresh start in life. Billy agrees, but Garrett had removed the firing pins from Doc's guns. However, while comparing the revolvers, Billy switches one of Doc's for his, and he gets the jump on a gloating Garrett. He handcuffs the lawman to a post, encouraging him to stick to his original yarn rather than admit having been left helpless by the Kid. As Billy starts to ride away, he stops and looks back; Rio runs to join him and they gallop off together on the roan.

After a final confrontation and shifting allegiances, Billy the Kid and Doc Holliday reconcile rather than duel, while Pat Garrett is left frustrated by their refusal to play by his rules.

The ending subverts expectations by having the central rivalry dissolve into mutual understanding instead of a traditional shootout. The relationships among the characters—especially between Billy, Doc, and Rio—redefine the usual Western codes of loyalty and rivalry. The film's finale leaves the lawman outmaneuvered and the outlaws bonded more by their humanity than their reputations.