DJ Occidental Petroleum Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Occidental Petroleum Corp. $(OXY)$ sank 0.70% to $51.19 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's fall snapped a five-day winning streak.
Occidental Petroleum Corp. closed $20.00 below its 52-week high ($71.19), which the company achieved on April 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Chevron Corp. $(CVX)$ rose 0.47% to $150.30, EOG Resources Inc. $(EOG)$ rose 0.71% to $128.46, and Devon Energy Corp. $(DVN)$ rose 1.33% to $35.15.
Trading volume (7.4 M) remained 4.4 million below its 50-day average volume of 11.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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January 08, 2025 16:54 ET (21:54 GMT)
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