DJ Occidental Petroleum Corp. Stock Falls Wednesday, Underperforms Market

Dow Jones2022-01-06

DJ Occidental Petroleum Corp. Stock Falls Wednesday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Occidental Petroleum Corp. $(OXY)$ shed 4.70% to $31.81 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. The stock's fall snapped a three-day winning streak. Occidental Petroleum Corp. closed $3.94 below its 52-week high ($35.75), which the company achieved on October 26th.

The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. $(XOM)$ rose 1.24% to $66.75, Chevron Corp. $(CVX)$ rose 0.65% to $122.22, and ConocoPhillips $(COP)$ fell 1.71% to $75.65. Trading volume (21.1 M) eclipsed its 50-day average volume of 14.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.

-MarketWatch Automation

$(END)$ Dow Jones Newswires

January 05, 2022 17:15 ET (22:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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Stock Falls Wednesday, Underperforms Market\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n  Shares of Occidental Petroleum Corp. <a href=\"https://laohu8.com/S/OXY\">$(OXY)$</a> shed 4.70% to $31.81 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&amp;P 500 Index  falling 1.94% to 4,700.58 and Dow Jones Industrial Average  falling 1.07% to 36,407.11. The stock's fall snapped a three-day winning streak.  Occidental Petroleum Corp. closed $3.94 below its 52-week high ($35.75), which the company achieved on October 26th. \n</p>\n<p>\n  The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. <a href=\"https://laohu8.com/S/XOM\">$(XOM)$</a> rose 1.24% to $66.75, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a> rose 0.65% to $122.22, and ConocoPhillips <a href=\"https://laohu8.com/S/COP\">$(COP)$</a> fell 1.71% to $75.65. Trading volume (21.1 M) eclipsed its 50-day average volume of 14.2 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. 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