Shares of Occidental Petroleum Corp. OXY advanced 2.24% to $51.03 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.33% to 42,313.00 and the S&P 500 Index SPX falling 0.13% to 5,738.17.

Occidental wants to compete with giants, but if you are looking for reliable dividends, you'll probably prefer this MLP.

That may seem like a big investment, but Occidental Petroleum stock should have strong upside from here given its growth plans. Buy and hold Occidental Petroleum stock. Occidental

This was the stock's second consecutive day of losses.

Occidental took on massive debt in 2019 when it got into a bidding war with Chevron for Anadarko Petroleum. It ended up being one of the largest oil mergers ever as Occidental acquired the company and assumed Anadarko's debt in a deal valued at $57 billion.