DJ Occidental Petroleum Corp. Stock Rises Tuesday, Outperforms Market

Dow Jones2022-01-19

DJ Occidental Petroleum Corp. Stock Rises Tuesday, Outperforms Market

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

Shares of Occidental Petroleum Corp. $(OXY)$ rose 1.46% to $36.03 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.84% to 4,577.11 and Dow Jones Industrial Average falling 1.51% to 35,368.47. This was the stock's second consecutive day of gains. Occidental Petroleum Corp. hit a new 52-week high, surpassing its previous peak of $35.75, which the company reached on October 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Exxon Mobil Corp. $(XOM)$ rose 1.68% to $73.08, Chevron Corp. $(CVX)$ rose 0.33% to $129.38, and ConocoPhillips $(COP)$ rose 0.89% to $87.51. Trading volume (24.4 M) eclipsed its 50-day average volume of 14.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2022.

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January 18, 2022 17:15 ET (22:15 GMT)

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