Any time a company’s dividend yield approaches double digits, investors should proceed with caution. That’s usually, but not always, a sign that the payout isn’t sustainable. Source: Industry Insights
What Kind Of Shareholders Hold The Majority In Marathon Petroleum Corporation's (NYSE:MPC) Shares?
Every investor in Marathon Petroleum Corporation (NYSE:MPC) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Companies th Source: Industry Insights
US STOCKS-Wall Street set for muted open as jobless claims rise
U.S. stock indexes were set for a subdued open on Thursday after data showed an unexpected rise in weekly jobless claims, while a steady flow of positive earnings reports offered markets some support. Source: Industry Insights
U.S. stock futures edge higher ahead of jobless claims data, earnings reports
U.S. stock index futures edged higher on Thursday, with energy and mega-cap technology stocks gaining ahead of a new batch of earnings reports and data that allow investors to gauge the pace of the labor market recovery. Source: Industry Insights
US STOCKS-Wall Street set to tumble at open as virus surge sparks recovery worries
U.S. stock indexes were set to fall sharply at open on Monday, with economy-linked value and travel stocks taking a hit after a spike in global COVID-19 cases raised fresh concerns about slowing economic growth. Source: Industry Insights
US STOCKS-Dow futures slide 1% as virus surge raises growth worries
Futures tracking the blue-chip Dow fell 1% on Monday, with economy-linked value and travel stocks taking a hit after a spike in global COVID-19 cases raised fresh concerns about slowing economic growth. Source: Industry Insights
Energy Sector Update for 07/16/2021: KMI,MPLX,MPC,IO,MEOH,MX.TO
Energy stocks extended their Friday declines this afternoon, with the NYSE Energy Sector Index falling 2.3% while the SPDR Energy Select Sector ETF was down 2.9%. The Philadelphia Oil-Service Sector index was sinking 3.3% although the Dow Jones US Utilities Index was posting a 1 Source: Industry Insights
Energy Sector Update for 07/16/2021: MPLX, MPC, IO, MEOH, MX.TO
Energy stocks were significantly lower this Friday afternoon, with the NYSE Energy Sector Index falling 1.3% while the SPDR Energy Select Sector ETF was down 1.6%. Source: Industry Insights
Analysts Anticipate PXI Will Reach $30
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel Source: Industry Insights
Noteworthy Wednesday Option Activity: MPC, C, MCD
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Marathon Petroleum Corp. (Symbol: MPC), where a total of 48,493 contracts have traded so far, representing approximately 4.8 million underlying shares. That amounts to a Source: Industry Insights