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Occidental Petroleum Corp. Stock Outperforms Market On Strong Trading Day

Dow Jones2022-10-14

DJ Occidental Petroleum Corp. Stock Outperforms Market On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Occidental Petroleum Corp. $(OXY)$ rose 4.44% to $68.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.60% to 3,669.91 and the Dow Jones Industrial Average rising 2.83% to 30,038.72. This was the stock's second consecutive day of gains. Occidental Petroleum Corp. closed $9.13 below its 52-week high ($77.13), which the company achieved on August 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Exxon Mobil Corp. $(XOM)$ rose 3.49% to $101.87, Chevron Corp. $(CVX)$ rose 4.85% to $165.28, and ConocoPhillips $(COP)$ rose 5.54% to $122.74. Trading volume (22.5 M) remained 3.7 million below its 50-day average volume of 26.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 13, 2022.

(END) Dow Jones Newswires

October 13, 2022 17:15 ET (21:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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·2022-10-14
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