Occidental Petroleum Corp. (NYSE: OXY) is rewarding its shareholders once again with a quarterly dividend of $0.22, payable on Wednesday, Jan. 15. That is in line with the prior payout. This is Warren Buffett's favorite energy stock,

Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was, in fact, one of the worst-performing large-cap energy stocks of 2024,

Warren Buffett's Berkshire Hathaway increased its stake in Occidental Petroleum to more than 28% in December. Read why OXY stock is a Buy.

Occidental Petroleum (NYSE: OXY) is gaining interest from investors because of purchases by Warren Buffett. *Stock prices used were the afternoon prices of Jan. 11, 2025. The video was published on Jan.