Published: Aug. 24, 2023 at 4:48 p.m. ET
Shares of Occidental Petroleum Corp. OXY sank 0.76% to $61.35 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 1.35% to 4,376.31 and Dow Jones Industrial Average DJIA falling 1.08% to 34,099.42.
This was the stock’s fourth consecutive day of losses.
Occidental Petroleum…
Shares of Occidental Petroleum Corp.
OXY
sank 0.76% to $61.35 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX
falling 1.35% to 4,376.31 and Dow Jones Industrial Average
DJIA
falling 1.08% to 34,099.42.
This was the stock’s fourth consecutive day of losses.
Occidental Petroleum Corp. closed $15.78 below its 52-week high ($77.13), which the company achieved on August 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Chevron Corp.
CVX
fell 0.82% to $157.94, EOG Resources Inc.
EOG
fell 2.49% to $125.68, and Pioneer Natural Resources Co.
PXD
fell 0.55% to $232.78.
Trading volume (6.3 M) remained 3.5 million below its 50-day average volume of 9.7 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 falls Thursday, still outperforms market