DJ Occidental Petroleum Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Occidental Petroleum Corp. $(OXY)$ slipped 2.09% to $49.29 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.29% to 6,101.24 and Dow Jones Industrial Average falling 0.32% to 44,424.25.
Occidental Petroleum Corp. closed 30.76% short of its 52-week high of $71.19, which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Friday, as Chevron Corp. $(CVX)$ fell 0.23% to $155.65, EOG Resources Inc. $(EOG)$ fell 1.61% to $131.82, and Devon Energy Corp. $(DVN)$ fell 1.34% to $35.96.
Trading volume (12.5 M) eclipsed its 50-day average volume of 11.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 24, 2025.
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(END) Dow Jones Newswires
January 24, 2025 16:49 ET (21:49 GMT)
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