Shares of ConocoPhillips COP inched 0.49% higher to $95.98 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.13% to 4,210.24 and the Dow Jones Industrial Average DJIA rising 1.63% to 33,309.51. This was the stock’s fourth consecutive day of gains. ConocoPhillips closed $28.10 short of its 52-week high ($124.08), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Exxon Mobil Corp. XOM rose 0.95% to $91.45, Chevron Corp. CVX rose 0.26% to $155.82, and PetroChina Co. Ltd. ADR PTR fell 1.08% to $44.14. Trading volume (5.6 M) remained 2.6 million below its 50-day average volume of 8.2 M.