This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Occidental Petroleum Corp. slid 6.8% to $36.11 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.6% to 4,982.77 and Dow Jones Industrial Average falling 0.8% to 37,645.59.
This was the stock's fourth consecutive day of losses.
Occidental Petroleum Corp. closed 49.3% below its 52-week high of $71.19, which the company achieved on April 12th.
The stock underperformed when compared to some of its competitors, as Chevron Corp. fell 2.3% to $136.93, EOG Resources Inc. fell 3.7% to $104.96, and Devon Energy Corp. fell 6.33% to $26.80.
Trading volume totaled 24.5 million, compared to the 50-day average of 12.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 08, 2025 16:35 ET (20:35 GMT)
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