DJ Occidental Petroleum Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Occidental Petroleum Corp. $(OXY)$ inched 0.81% higher to $50.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
Occidental Petroleum Corp. closed $20.28 short of its 52-week high ($71.19), which the company achieved on April 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Chevron Corp. $(CVX)$ rose 1.08% to $161.33, EOG Resources Inc. $(EOG)$ rose 0.78% to $136.23, and Devon Energy Corp. $(DVN)$ rose 1.03% to $38.30.
Trading volume (6.7 M) remained 5.8 million below its 50-day average volume of 12.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:53 ET (21:53 GMT)
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