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 Corp. closed 25.97% short of its 52-week high of $71.19, which the company reached on April 12th.

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.

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,