DJ Occidental Petroleum Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Occidental Petroleum Corp. $(OXY)$ slipped 7.65% to $40.54 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
Occidental Petroleum Corp. closed 43.05% short of its 52-week high of $71.19, which the company achieved on April 12th.
Despite its losses, the stock outperformed some of its competitors Friday, as Chevron Corp. $(CVX)$ fell 8.22% to $143.28, EOG Resources Inc. $(EOG)$ fell 7.79% to $110.55, and Devon Energy Corp. $(DVN)$ fell 11.61% to $29.31.
Trading volume (44.6 M) eclipsed its 50-day average volume of 11.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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April 04, 2025 16:49 ET (20:49 GMT)
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