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Shares of Occidental Petroleum Corp. (OXY) slipped 1.59% to $69.30 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.84% to 4,176.82 and the Dow Jones Industrial Average rising 1.33% to 33,248.28. Occidental Petroleum Corp. closed $4.74 below its 52-week high ($74.04), which the company achieved on May 31st.
The stock underperformed when compared to some of its competitors Thursday, as Exxon Mobil Corp. (XOM) fell 0.17% to $97.67, Chevron Corp. (CVX) fell 0.18% to $176.00, and ConocoPhillips (COP) fell 0.68% to $114.96. Trading volume (23.4 M) remained 4.7 million below its 50-day average volume of 28.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2022.
(END) Dow Jones Newswires
June 02, 2022 17:13 ET (21:13 GMT)
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