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Shares of Diamondback Energy Inc. (FANG) advanced 2.12% to $167.03 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. Diamondback Energy Inc. hit a new 52-week high, surpassing its previous peak of $166.59, which the company achieved on November 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Pioneer Natural Resources Co. (PXD) rose 2.72% to $262.39, Occidental Petroleum Corp. (OXY) rose 1.57% to $74.43, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (3.3 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 16:53 ET (21:53 GMT)
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