XOM Stock – ConocoPhillips stock underperforms Friday when compared to competitors
Shares of ConocoPhillips
slid 1.56% to $51.09 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.36% to 4,185.47 and the Dow Jones Industrial Average
rising 0.48% to 34,200.67. This was the stock’s second consecutive day of losses. ConocoPhillips closed $10.05 short of its 52-week high ($61.14), which the company achieved on March 11th.
The stock underperformed when compared to some of its competitors Friday, as Exxon Mobil Corp.
fell 0.56% to $56.66, Chevron Corp.
fell 0.44% to $102.96, and PetroChina Co. Ltd. ADR
rose 0.33% to $36.53. Trading volume (7.6 M) remained 2.5 million below its 50-day average volume of 10.1 M.