Shares of Apache Corp. APA inched 0.59% higher to $18.69 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.29% to 31,613.02 and the S&P 500 Index SPX falling 0.03% to 3,931.33. This was the stock's third consecutive day of gains. Apache Corp. closed $10.52 short of its 52-week high ($29.21), which the company reached on February 20th.
The stock underperformed when compared to some of its competitors Wednesday, as Chevron Corp. CVX rose 3.00% to $95.92, ConocoPhillips COP rose 1.04% to $49.36, and EOG Resources Inc. EOG rose 0.70% to $63.54. Trading volume (9.0 M) remained 99,184 below its 50-day average volume of 9.1 M.