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Shares of Diamondback Energy Inc. FANG advanced 2.28% to $109.14 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.92% to 3,863.16 and the Dow Jones Industrial Average DJIA rising 2.15% to 31,288.26. Diamondback Energy Inc. closed $53.10 below its 52-week high ($162.24), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Pioneer Natural Resources Co. PXD rose 1.47% to $208.45, Occidental Petroleum Corp. OXY rose 2.59% to $58.71, and Concho Resources Inc. CXO fell 6.02% to $65.60. Trading volume (1.9 M) remained 1.4 million below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 15, 2022.
(END) Dow Jones Newswires
July 15, 2022 16:52 ET (20:52 GMT)
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