---
title: "Occidental Petroleum Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298503325.md"
description: "Occidental Petroleum (OXY) rose 1.07% to $61.30 on Wednesday, marking its second consecutive daily gain despite a broader market decline. However, OXY underperformed competitors like Chevron and EOG Resources. The stock remains 9.12% below its 52-week high, while trading volume exceeded its 50-day average."
datetime: "2026-09-09T20:48:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298503325.md)
  - [en](https://longbridge.com/en/news/298503325.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298503325.md)
generator: "portal-rs"
---

# Occidental Petroleum Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

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

Shares of Occidental Petroleum Corp. (OXY) rallied 1.07% to $61.30 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.48% to 7,636.36 and Dow Jones Industrial Average falling 0.77% to 52,380.66.

This was the stock's second consecutive day of gains.

Occidental Petroleum Corp. closed 9.12% below its 52-week high of $67.45, which the company reached on March 31st.

The stock underperformed when compared to some of its competitors Wednesday, as Chevron Corp. (CVX) rose 1.91% to $213.81, EOG Resources Inc. (EOG) rose 1.14% to $147.01, and Devon Energy Corp. (DVN) rose 1.20% to $48.98.

Trading volume (8.9 M) eclipsed its 50-day average volume of 8.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 9, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

09-09-26 1648ET

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## Related News & Research

- [Occidental Petroleum Corporation $OXY Shares Acquired by Engineers Gate Manager LP](https://longbridge.com/en/news/298887094.md)
- [Occidental Petroleum (NYSE:OXY) Given New $67.00 Price Target at UBS Group](https://longbridge.com/en/news/298964303.md)
- [IEA warns 2026 oil supply gap will widen on delayed return of normal Gulf flows](https://longbridge.com/en/news/298704166.md)
- [ROI-Oil markets survived the Iran war sprint. Now comes the marathon: Bousso](https://longbridge.com/en/news/298844434.md)
- [Brent holds above $100 as tanker attacks deepen supply fear](https://longbridge.com/en/news/298520925.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**