Stocks making the biggest moves midday: Dollar General, Occidental Petroleum, Guess and more

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Check out the companies making headlines in midday trading.

Dollar General — Shares of the discount retail chain gained 2.8% despite a weaker than expected fourth-quarter report. Dollar General reported $8.65 billion in sales for the quarter, below the $8.7 billion expected by analysts, according to Refinitiv. The company's $2.57 in earnings per share matched expectations. The company did announce a 31% dividend increase, and some analysts cited Dollar General's outlook as a positive.

Signet Jewelers — Shares of the jewelry company popped more than 3% in midday trading after reporting same-store sales above consensus estimates. Per-share earnings were in-line with expectations and quarterly revenue topped Wall Street's estimates, according to Refinitiv.

PagerDuty — Shares rallied 17% after PagerDuty posted a better-than-expected quarterly report. The company lost an adjusted 4 cents per share for its latest quarter, beating the Refinitiv consensus estimate by 2 cents. The digital operations platform provider's revenue also defied Street forecasts, and PagerDuty issued an upbeat revenue forecast.

Occidental Petroleum — The energy stock rose 8% after Warren Buffett's Berkshire Hathaway purchased an additional 18.1 million shares of Occidental. A filing with the Securities and Exchange Commission on Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares.

Guess — The apparel maker's shares rallied 7.4% after the company's quarterly report. Guess posted adjusted quarterly earnings of $1.14 per share, one cent below the Refinitiv consensus, while revenue also fell short of forecasts. However, profit margins were better than anticipated.

Revolve — Shares of the