DJ Occidental Petroleum Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Occidental Petroleum Corp. $(OXY)$ shed 3.21% to $50.42 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
The stock's fall snapped a five-day winning streak.
Occidental Petroleum Corp. closed 29.17% 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 1.18% to $156.92, EOG Resources Inc. $(EOG)$ fell 1.91% to $133.08, and Devon Energy Corp. $(DVN)$ fell 2.75% to $37.49.
Trading volume (13.9 M) eclipsed its 50-day average volume of 11.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 16:49 ET (21:49 GMT)
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