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Shares of Diamondback Energy Inc. (FANG) inched 0.26% higher to $133.13 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.73% to 4,280.15 and the Dow Jones Industrial Average rising 1.27% to 33,761.05. This was the stock's sixth consecutive day of gains. Diamondback Energy Inc. closed $29.11 short of its 52-week high ($162.24), which the company reached on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Pioneer Natural Resources Co. (PXD) rose 1.96% to $232.95, Occidental Petroleum Corp. (OXY) rose 0.06% to $65.73, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.5 M) remained 521,780 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 12, 2022.
(END) Dow Jones Newswires
August 12, 2022 16:52 ET (20:52 GMT)
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