XOM Stock – Occidental Petroleum Corp. stock outperforms market on strong trading day
Shares of Occidental Petroleum Corp.
inched 0.10% higher to $29.19 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
rising 0.02% to 4,227.26 and the Dow Jones Industrial Average
falling 0.09% to 34,599.82. This was the stock’s second consecutive day of gains. Occidental Petroleum Corp. closed $3.33 below its 52-week high ($32.52), which the company achieved on March 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Exxon Mobil Corp.
rose 1.77% to $62.13, Chevron Corp.
rose 0.91% to $108.73, and ConocoPhillips
rose 1.10% to $60.47. Trading volume (12.1 M) remained 4.8 million below its 50-day average volume of 16.9 M.