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Shares of Occidental Petroleum Corp. OXY rallied 2.55% to $57.52 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 3.06% to 3,911.74 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. This was the stock's second consecutive day of gains. Occidental Petroleum Corp. closed $16.52 short of its 52-week high ($74.04), which the company achieved on May 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Exxon Mobil Corp. XOM rose 1.98% to $86.90, Chevron Corp. CVX rose 1.64% to $144.77, and ConocoPhillips COP rose 3.44% to $90.91. Trading volume (45.3 M) eclipsed its 50-day average volume of 28.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.
(END) Dow Jones Newswires
June 24, 2022 17:13 ET (21:13 GMT)
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