Occidental Petroleum Corp. Stock Underperforms Monday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Occidental Petroleum (OXY) stock fell 1.94% to $60.11 on Monday, underperforming competitors like Chevron and EOG Resources during a mixed market session. This marks the second consecutive day of losses for OXY, which is now trading 10.88% below its 52-week high. Trading volume was lower than the 50-day average.
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Shares of Occidental Petroleum Corp. (OXY) slipped 1.94% to $60.11 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 53,417.16 and the S&P 500 Index falling 0.28% to 7,652.86.
This was the stock's second consecutive day of losses.
Occidental Petroleum Corp. closed 10.88% 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 Monday, as Chevron Corp. (CVX) fell 1.06% to $203.09, EOG Resources Inc. (EOG) fell 1.86% to $150.21, and Devon Energy Corp. (DVN) fell 1.77% to $48.23.
Trading volume (6.9 M) remained 2.2 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 24, 2026.
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08-24-26 1648ET