Why Occidental Petroleum (OXY) Outpaced the Stock Market Today

Occidental Petroleum (OXY) ended the recent trading session at $55.76, demonstrating a +1.77% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.9% gain on the day. Meanwhile, the Dow experienced a rise of 0.81%, and the technology-dominated Nasdaq saw an increase of 1.22%. Shares of the oil and gas exploration and production company witnessed a gain of 1.95% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 5.22% and the S&P 500's g ...