DJ Diamondback Energy Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Diamondback Energy Inc. $(FANG.UK)$ rallied 1.30% to $182.24 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of gains.
Diamondback Energy Inc. closed $32.26 below its 52-week high ($214.50), which the company achieved on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ rose 0.92% to $134.35, Devon Energy Corp. $(DVN)$ rose 2.01% to $39.11, and Occidental Petroleum Corp. $(OXY)$ rose 1.65% to $51.12.
Trading volume (1.5 M) remained 1.0 million below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:52 ET (21:52 GMT)
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