Occidental Petroleum Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Occidental Petroleum Corp. (OXY) rallied 1.43% to $70.29 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.63% to 4,108.54 and Dow Jones Industrial Average falling 1.05% to 32,899.70. Occidental Petroleum Corp. closed $3.75 short of its 52-week high ($74.04), which the company reached on May 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Exxon Mobil Corp. (XOM) rose 1.45% to $99.09, Chevron Corp. (CVX) rose 0.91% to $177.60, and ConocoPhillips (COP) rose 2.75% to $118.12. Trading volume (23.4 M) remained 4.5 million below its 50-day average volume of 27.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2022.
(END) Dow Jones Newswires
June 03, 2022 17:13 ET (21:13 GMT)
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