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Shares of Occidental Petroleum Corp. OXY dropped 0.37% to $58.88 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.88% to 3,785.38 and Dow Jones Industrial Average DJIA falling 0.82% to 30,775.43. This was the stock's second consecutive day of losses. Occidental Petroleum Corp. closed $15.16 short of its 52-week high ($74.04), which the company reached on May 31st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Exxon Mobil Corp. XOM fell 2.81% to $85.64, Chevron Corp. CVX fell 1.50% to $144.78, and ConocoPhillips COP fell 1.80% to $89.81.true Trading volume (27.2 M) remained 2.5 million below its 50-day average volume of 29.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 30, 2022.
(END) Dow Jones Newswires
June 30, 2022 17:13 ET (21:13 GMT)
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