Dunkin’ Says It Will Close 800 Locations This Year

Dunkin’ Brands (NASDAQ: DNKN) intends to shutter approximately 800 of its locations permanently in 2020, targeting those with low sales volume to streamline its expenditures and operations. The news was announced as part of yesterday’s earnings release, in which Dunkin’ announce Source: Industry Insights

Mexico switches up fuel import contracts as it clamps down on costs

Pemex’s trading arm is overhauling its fuel importing practices, five sources close to the matter said, which includes shifting to swapping crude oil with major partners in exchange for gasoline and other fuels to save cash. Source: Industry Insights

MPC September 11th Options Begin Trading

Investors in Marathon Petroleum Corp. (Symbol: MPC) saw new options begin trading today, for the September 11th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MPC options chain for the new September 11th contracts and identified one p Source: Industry Insights

U.S. refiners to post worst second-quarter results in a decade

U.S. oil refiners in coming days are expected to report the worst second-quarter results in a decade, with production outrunning demand while pandemic-related closings have sapped summer travel. Source: Industry Insights

Noteworthy Tuesday Option Activity: HUM, MPC, AZO

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Humana Inc. (Symbol: HUM), where a total volume of 2,960 contracts has been traded thus far today, a contract volume which is representative of approximately 29 Source: Industry Insights

Notable ETF Inflow Detected – IXC, PSX, SLB, MPC

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Global Energy ETF (Symbol: IXC) where we have detected an approximate $186.0 million dollar inflow — that’s a 22.0% increase week over wee Source: Industry Insights

September 4th Options Now Available For Marathon Petroleum Corp.

Investors in Marathon Petroleum Corp. (Symbol: MPC) saw new options begin trading today, for the September 4th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MPC options chain for the new September 4th contracts and identified one put Source: Industry Insights

Gas Stations and Private Equity Line Up to Bid for Speedway

Marathon Petroleum (NYSE: MPC) has spread its network of 3,900 “Speedway” gas stations and convenience stores across 36 states in the union. Now, Marathon is gearing up to sell the whole kit and caboodle — and bidders are getting in line.   Source: Industry Insights

Energy Sector Update for 07/22/2020: MPC,TELL,BKR,SLB

Energy stocks closed sharply lower this afternoon, with the NYSE Energy Sector Index falling 1.2% while the SPDR Energy Select Sector ETF XLE also was down 1.2%. Source: Industry Insights