Industry Insights

(RTTNews) – bp (BP.L, BP_UN.TO, BP) said the company has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas. The project is anticipated to come online in the second half of 2024. Source: Industry Insights

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

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

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 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

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

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 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 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

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