Shares of Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO +3.61% slid 1.69% to $13.36 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.02% falling 0.18% to 4,219.55 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.36% falling 0.44% to 34,447.14. This was the stock's third consecutive day of losses. Marathon Oil Corp. closed $0.80 below its 52-week high ($14.16), which the company achieved on June 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +0.67% rose 0.84% to $62.65, Chevron Corp. /zigman2/quotes/205871374/composite CVX +0.57% fell 0.87% to $107.78, and Royal Dutch Shell PLC ADR Cl A /zigman2/quotes/205095589/composite RDS.A +0.59% rose 0.20% to $39.82. Trading volume (14.6 M) remained 5.6 million below its 50-day average volume of 20.2 M.