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Shares of Occidental Petroleum Corp. OXY advanced 4.77% to $61.71 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's fourth consecutive day of gains. Occidental Petroleum Corp. closed $12.33 short of its 52-week high ($74.04), which the company reached on May 31st.
The stock outperformed some of its competitors Tuesday, as Exxon Mobil Corp. XOM rose 2.77% to $91.50, Chevron Corp. CVX rose 1.61% to $149.94, and ConocoPhillips COP rose 3.24% to $95.22. Trading volume (39.0 M) eclipsed its 50-day average volume of 29.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.
(END) Dow Jones Newswires
June 28, 2022 17:14 ET (21:14 GMT)
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