Occidental Petroleum Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Occidental Petroleum Corp. (OXY) rallied 1.35% to $70.55 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,160.68 and the Dow Jones Industrial Average rising 0.80% to 33,180.14. Occidental Petroleum Corp. closed $3.49 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 Tuesday, as Exxon Mobil Corp. (XOM) rose 4.58% to $103.37, Chevron Corp. (CVX) rose 1.91% to $180.20, and ConocoPhillips (COP) rose 4.54% to $122.71. 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 7, 2022.
(END) Dow Jones Newswires
June 07, 2022 17:13 ET (21:13 GMT)
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