Occidental Petroleum Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Occidental Petroleum Corp. OXY rose 2.40% to $58.90 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. This was the stock's third consecutive day of gains. Occidental Petroleum Corp. closed $15.14 below 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 Monday, as Exxon Mobil Corp. XOM rose 2.45% to $89.03, Chevron Corp. CVX rose 1.93% to $147.57, and ConocoPhillips COP rose 2.24% to $92.23. Trading volume (26.7 M) remained 2.5 million below its 50-day average volume of 29.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:13 ET (21:13 GMT)
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