Where Will Occidental Petroleum Stock Be in 1 Year?

  • Occidental Petroleum (OXY -0.47%), commonly known as Oxy, gets a lot of attention because it's one of Warren Buffett's favorite energy stocks. Buffett's Berkshire Hathaway (BRK.A 0.53%) (BRK.B 0.74%) started investing in the oil and gas producer in the first quarter of 2022, and it increased its stake to $10.77 billion -- or 28.2% of its outstanding shares -- over the following three years.