This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Occidental Petroleum Corp. shed 4.4% to $38.81 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.6% to 5,650.38 and Dow Jones Industrial Average falling 0.2% to 41,218.83.
The stock's fall snapped a two-day winning streak.
Occidental Petroleum Corp. closed 41.0% short of its 52-week high of $65.78, which the company reached on May 6th.
The stock underperformed when compared to some of its competitors, as Chevron Corp. fell 2.2% to $135.50, EOG Resources Inc. fell 2.1% to $108.52, and Devon Energy Corp. fell 2.61% to $30.62.
Trading volume totaled 15.3 million, compared to the 50-day average of 13.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 05, 2025 16:34 ET (20:34 GMT)
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