Occidental Petroleum stock slides 1.69% and underperforms competitors
Updated
Updated · MarketWatch · May 8
Occidental Petroleum stock slides 1.69% and underperforms competitors
6 articles · Updated · MarketWatch · May 8
Shares closed at $53.03 on Friday, marking a fourth straight daily loss, while the S&P 500 rose 0.84% and the Dow Jones Industrial Average edged up 0.02%.
Occidental ended 21.38% below its 52-week high of $67.45 reached on 31 March. Chevron fell 0.48%, EOG Resources dropped 0.66%, and Devon Energy gained 0.66%.
Trading volume was 12.9 million shares, 5.2 million below its 50-day average of 18.1 million, indicating lighter activity as the stock lagged peers in an otherwise positive market session.
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