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Shares of Occidental Petroleum Corp. (OXY) dropped 0.97% to $69.61 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.31% to 4,121.43 and the Dow Jones Industrial Average rising 0.05% to 32,915.78. Occidental Petroleum Corp. closed $4.43 short of its 52-week high ($74.04), which the company achieved on May 31st.
The stock underperformed when compared to some of its competitors Monday, as Exxon Mobil Corp. (XOM) fell 0.25% to $98.84, Chevron Corp. (CVX) fell 0.43% to $176.83, and ConocoPhillips (COP) fell 0.63% to $117.38. Trading volume (25.6 M) remained 1.9 million below its 50-day average volume of 27.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 6, 2022.
(END) Dow Jones Newswires
June 06, 2022 17:13 ET (21:13 GMT)
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