DJ Occidental Petroleum Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Occidental Petroleum Corp. $(OXY)$ slid 1.09% to $50.08 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,832.92 and the Dow Jones Industrial Average falling 0.36% to 42,233.05.
This was the stock's second consecutive day of losses.
Occidental Petroleum Corp. closed $21.11 short of its 52-week high ($71.19), which the company reached on April 12th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Chevron Corp. $(CVX)$ fell 1.34% to $148.52, EOG Resources Inc. $(EOG)$ fell 1.29% to $120.49, and Devon Energy Corp. $(DVN)$ fell 1.17% to $38.14.
Trading volume (8.3 M) remained 4.0 million below its 50-day average volume of 12.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 29, 2024.
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(END) Dow Jones Newswires
October 29, 2024 16:55 ET (20:55 GMT)
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