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Shares of ConocoPhillips (COP) slipped 3.62% to $129.24 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. ConocoPhillips closed $9.25 short of its 52-week high ($138.49), which the company achieved on November 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. (XOM) fell 1.07% to $112.91 and Chevron Corp. (CVX) fell 1.63% to $184.99. Trading volume (7.4 M) remained 231,161 below its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:46 ET (21:46 GMT)
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