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,

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

Shares of Occidental Petroleum Corp. OXY slid 1.14% to $52.08 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.11% to 5,842.

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.