Shares of Hess Corp. /zigman2/quotes/203832174/composite HES +0.20% shed 1.91% to $69.91 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.75% falling 0.03% to 4,535.43 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% falling 0.21% to 35,369.09. The stock's fall snapped a two-day winning streak. Hess Corp. closed $21.18 short of its 52-week high ($91.09), which the company achieved on June 23rd.
The stock underperformed when compared to some of its competitors Friday, as Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +0.94% fell 0.38% to $54.87, Chevron Corp. /zigman2/quotes/205871374/composite CVX +0.78% fell 0.23% to $97.49, and Royal Dutch Shell PLC ADR Cl A /zigman2/quotes/205095589/composite RDS.A +1.29% fell 0.40% to $40.15. Trading volume (1.4 M) remained 524,192 below its 50-day average volume of 1.9 M.