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Shares of Occidental Petroleum Corp. (OXY) sank 0.98% to $33.42 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.37% to 4,697.53 and the Dow Jones Industrial Average rising 0.56% to 36,327.95. This was the stock's fourth consecutive day of losses. Occidental Petroleum Corp. closed $2.33 short of its 52-week high ($35.75), which the company reached on October 26th.
The stock underperformed when compared to some of its competitors Friday, as Exxon Mobil Corp. (XOM) rose 0.95% to $65.02, Chevron Corp. (CVX) rose 1.08% to $114.74, and ConocoPhillips (COP) rose 2.92% to $75.45. Trading volume (18.8 M) eclipsed its 50-day average volume of 17.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2021.
(END) Dow Jones Newswires
November 05, 2021 17:14 ET (21:14 GMT)
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