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Shares of Occidental Petroleum Corp. OXY inched 0.57% higher to $56.09 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. Occidental Petroleum Corp. closed $17.95 below its 52-week high ($74.04), which the company reached on May 31st.
The stock outperformed some of its competitors Thursday, as Exxon Mobil Corp. XOM fell 3.02% to $85.21, Chevron Corp. CVX fell 3.68% to $142.43, and ConocoPhillips COP fell 5.56% to $87.89. Trading volume (36.8 M) eclipsed its 50-day average volume of 28.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:13 ET (21:13 GMT)
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