Energy News Today

Occidental Petroleum Corp. stock rises Wednesday, outperforms market

Shares of Occidental Petroleum Corp.
OXY,
+1.77%

rallied 1.77% to $27.06 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.55%

falling 0.55% to 3,889.14 and Dow Jones Industrial Average
DJIA,
-0.01%

falling 0.01% to 32,420.06. The stock’s rise snapped a two-day losing streak. Occidental Petroleum Corp. closed $5.46 below its 52-week high ($32.52), which the company achieved on March 5th.

The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp.
XOM,
+2.03%

rose 2.03% to $56.34, Chevron Corp.
CVX,
+2.68%

rose 2.68% to $104.70, and ConocoPhillips
COP,
+2.90%

rose 2.90% to $53.21. Trading volume (15.6 M) remained 4.9 million below its 50-day average volume of 20.5 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read More: Occidental Petroleum Corp. stock rises Wednesday, outperforms market

2021-03-24 17:15:00

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