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Occidental Petroleum Corp. stock falls Wednesday, underperforms market


Published: Oct. 4, 2023 at 4:47 p.m. ET

Shares of Occidental Petroleum Corp. OXY slid 3.87% to $60.04 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.81% to 4,263.75 and the Dow Jones Industrial Average DJIA rising 0.39% to 33,129.55.

Occidental Petroleum Corp. closed $16.07 below its 52-week high ($76.11), which the company achieved on November 7th.

The…

Shares of Occidental Petroleum Corp.

OXY

slid 3.87% to $60.04 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index

SPX

rising 0.81% to 4,263.75 and the Dow Jones Industrial Average

DJIA

rising 0.39% to 33,129.55.

Occidental Petroleum Corp. closed $16.07 below its 52-week high ($76.11), which the company achieved on November 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Chevron Corp.

CVX

fell 2.33% to $163.04, EOG Resources Inc.

EOG

fell 3.93% to $119.36, and Pioneer Natural Resources Co.

PXD

fell 3.72% to $215.32.

Trading volume (15.6 M) eclipsed its 50-day average volume of 8.9 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.



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