Occidental Petroleum Corp. Stock Sheds 6.5%, Underperforms Peers
Dow Jones2026/09/16 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Occidental Petroleum Corp. shed 6.5% to $59.36 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,551.81 and Dow Jones Industrial Average falling 1.2% to 51,461.90.
The stock's fall snapped a three-day winning streak.
Occidental Petroleum Corp. closed 12.0% short of its 52-week high of $67.45, which the company achieved on March 31st.
The stock underperformed when compared to some of its peers, as Chevron Corp. fell 2.9% to $211.54, EOG Resources Inc. fell 5.7% to $144.93, and Devon Energy Corp. fell 5.63% to $48.44.
Trading volume totaled 11.5 million, compared to the 50-day average of 8.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 16, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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