Occidental Petroleum (OXY) Stock Drops Despite Market Gains: Important Facts to Note

Occidental Petroleum (OXY) closed the most recent trading day at $68.55, moving -0.26% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.15% for the day. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.32%.Prior to today's trading, shares of the oil and gas exploration and production company had gained 11.72% over the past month. This has outpaced the Oils-Energy sector's gain of 8.57% and the S&P 500 ...