DJ Diamondback Energy Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Diamondback Energy Inc. $(FANG.UK)$ slipped 2.54% to $156.08 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
Diamondback Energy Inc. closed $58.42 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. $(EOG)$ fell 2.86% to $119.63, Devon Energy Corp. $(DVN)$ fell 3.33% to $31.10, and Occidental Petroleum Corp. $(OXY)$ fell 1.16% to $46.02.
Trading volume (2.5 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:53 ET (21:53 GMT)
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