Occidental Petroleum Corp. Stock Sheds 6.5%, Underperforms Peers

This 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)