DJ Occidental Petroleum Corp. Stock Outperforms Competitors Despite Losses On The Day

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Shares of Occidental Petroleum Corp. $(OXY)$ slipped 1.60% to $47.83 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.

The stock's fall snapped a two-day winning streak.

Occidental Petroleum Corp. closed 32.81% below its 52-week high of $71.19, which the company reached on April 12th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Chevron Corp. $(CVX)$ fell 1.61% to $154.90, EOG Resources Inc. $(EOG)$ fell 2.61% to $128.84, and Devon Energy Corp. $(DVN)$ fell 3.27% to $33.97.

Trading volume (10.6 M) remained 310,046 below its 50-day average volume of 10.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.

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February 12, 2025 16:51 ET (21:51 GMT)

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