Occidental Petroleum Corp WT (NYSE:OXY.W) Stock Price Down 3% – Here’s What Happened

Occidental Petroleum Corp WT (NYSE:OXY.W – Get Free Report) dropped 3% during mid-day trading on Friday. The stock traded as low as $34.69 and last traded at $34.85. 25,608 shares traded hands during trading, a decline of 71% from the average daily volume of 88,699 shares. The stock had previously closed at $35.92.

Occidental Petroleum Corp WT Price Performance

The stock has a 50 day moving average of $36.48 and a two-hundred day moving average of $35.01.

About Occidental Petroleum Corp WT

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Occidental Petroleum Corporation WT (NYSE: OXY.W) comprises publicly traded warrants issued by Occidental Petroleum Corporation. These derivative instruments grant holders the right, subject to the terms of the warrant agreement, to purchase shares of Occidental Petroleum’s common stock at a predetermined exercise price during specified exercise windows. The warrants trade separately on the New York Stock Exchange and carry a multi-year term before expiration.

Occidental Petroleum Corporation is a global exploration and production company focused on the acquisition, development and production of oil and natural gas reserves.

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