Symbols mentioned in this story: XLE, COP, EOG, SLB Read More »

Matador Resources Co (MTDR) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, MTDR shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Matador Resources Co, and favorable long-term multi-year growth rates in key fundamental data points. Read More »

In trading on Wednesday, shares of Halliburton Company (HAL) crossed below their 200 day moving average of $37.96, changing hands as low as $37.87 per share. Halliburton Company shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of HAL shares, versus its 200 day moving average: Read More »

In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 1.6%. Within that group, NextEra Energy Inc (NEE) and Southern Company (SO) are two large stocks leading the way, showing a gain of 2.7% and 2.7%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (XLU), which is up 1.7% on the day, and up 1.64% year-to-date. NextEra Energy Inc, meanwhile, is up 5.20% year-to-date, and Southern Company is up 0.21% year-to-date. Combined, NEE and SO make up approximately 21.3% of the underlying holdings of XLU. Read More »

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Exxon Mobil Corp (XOM), where a total volume of 75,589 contracts has been traded thus far today, a contract volume which is representative of approximately 7.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.8% of XOM's average daily trading volume over the past month, of 16.5 million shares. Especially high volume was seen for the $113 strike put option expiring May 03, 2024, with 6,290 contracts trading so far today, representing approximately 629,000 underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $113 strike highlighted in orange: Read More »

To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — and furthermore, "tracking" funds that follow the Dividend Aristocrats Index must own them. With all of this demand for shares, dividend growth stocks can sometimes become "fully priced," where there isn't much upside to analyst targets. Read More »

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is Alliant Energy Corp (LNT), which saw buying by CEO Lisa M. Barton. Read More »

In trading on Tuesday, shares of Dominion Energy Inc (D) crossed below their 200 day moving average of $47.15, changing hands as low as $46.62 per share. Dominion Energy Inc shares are currently trading off about 2% on the day. The chart below shows the one year performance of D shares, versus its 200 day moving average: Read More »

In trading on Tuesday, shares of PPL Corp (PPL) crossed below their 200 day moving average of $26.01, changing hands as low as $25.93 per share. PPL Corp shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of PPL shares, versus its 200 day moving average: Read More »

In trading on Tuesday, shares of Dril-Quip Inc (DRQ) entered into oversold territory, changing hands as low as $20.51 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

Looking at the sectors faring worst as of midday Tuesday, shares of Energy companies are underperforming other sectors, showing a 1.3% loss. Within that group, APA Corp (APA) and Occidental Petroleum Corp (OXY) are two of the day's laggards, showing a loss of 2.7% and 2.5%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (XLE), which is down 1.1% on the day, and up 13.15% year-to-date. APA Corp, meanwhile, is down 9.38% year-to-date, and Occidental Petroleum Corp is up 11.97% year-to-date. Combined, APA and OXY make up approximately 3.4% of the underlying holdings of XLE. Read More »

In trading on Tuesday, shares of Nextracker Inc (NXT) crossed below their 200 day moving average of $44.47, changing hands as low as $43.09 per share. Nextracker Inc shares are currently trading down about 2.1% on the day. The chart below shows the one year performance of NXT shares, versus its 200 day moving average: Read More »

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $495.8K by Mark Ein, Director at Custom Truck One Source Inc (CTOS). Read More »

In trading on Tuesday, shares of NextEra Energy Inc (NEE) crossed below their 200 day moving average of $61.87, changing hands as low as $61.39 per share. NextEra Energy Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of NEE shares, versus its 200 day moving average: Read More »

In trading on Tuesday, shares of American Electric Power Co Inc (AEP) crossed below their 200 day moving average of $80.32, changing hands as low as $79.16 per share. American Electric Power Co Inc shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of AEP shares, versus its 200 day moving average: Read More »

In trading on Tuesday, shares of Diamond Offshore Drilling Inc (DO) crossed below their 200 day moving average of $13.56, changing hands as low as $13.41 per share. Diamond Offshore Drilling Inc shares are currently trading off about 1.5% on the day. The chart below shows the one year performance of DO shares, versus its 200 day moving average: Read More »

In trading on Tuesday, shares of Fortis Inc (FTS) entered into oversold territory, changing hands as low as $36.86 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

In trading on Tuesday, shares of Enbridge Inc (ENB) entered into oversold territory, changing hands as low as $33.0903 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

In trading on Tuesday, shares of Brookfield Renewable Corp (BEPC) entered into oversold territory, changing hands as low as $21.35 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

In trading on Tuesday, shares of Cheniere Energy Partners L P (CQP) entered into oversold territory, changing hands as low as $45.51 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

In trading on Tuesday, shares of Brookfield Renewable Partners LP (BEP) entered into oversold territory, changing hands as low as $19.98 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

In trading on Tuesday, shares of American Electric Power Co Inc (AEP) entered into oversold territory, changing hands as low as $79.16 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

In trading on Tuesday, shares of Hawaiian Electric Industries Inc (HE) entered into oversold territory, changing hands as low as $10.10 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Read More »

In trading on Tuesday, shares of Noble Corporation plc (NE) crossed below their 200 day moving average of $47.64, changing hands as low as $46.89 per share. Noble Corporation plc shares are currently trading off about 1% on the day. The chart below shows the one year performance of NE shares, versus its 200 day moving average: Read More »

In trading on Tuesday, shares of Sitio Royalties Corp (STR) crossed below their 200 day moving average of $23.94, changing hands as low as $23.63 per share. Sitio Royalties Corp shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of STR shares, versus its 200 day moving average: Read More »

In trading on Monday, shares of NOV Inc (NOV) crossed below their 200 day moving average of $19.37, changing hands as low as $19.18 per share. NOV Inc shares are currently trading down about 2% on the day. The chart below shows the one year performance of NOV shares, versus its 200 day moving average: Read More »

In early trading on Friday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.9%. Year to date, Chevron registers a 9.5% gain. Read More »

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Consumer Staples Select Sector SPDR Fund (XLP), where 5,750,000 units were destroyed, or a 2.8% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble Company (PG) is up about 0.2%, and Costco Wholesale (COST) is relatively unchanged. Read More »

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In early trading on Thursday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.9%. Year to date, Salesforce registers a 18.0% gain. Read More »

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In early trading on Tuesday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.6%. Year to date, Chevron registers a 7.3% gain. Read More »

The First Trust Merger Arbitrage ETF is seeing unusually high volume in afternoon trading Tuesday, with over 104,000 shares traded versus three month average volume of about 25,000. Shares of MARB were up about 0.1% on the day. Read More »

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In early trading on Wednesday, shares of Freeport-McMoran Copper & Gold topped the list of the day's best performing components of the S&P 500 index, trading up 5.0%. Year to date, Freeport-McMoran Copper & Gold has lost about 0.5% of its value. Read More »

In early trading on Wednesday, shares of MMM topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.5%. Year to date, MMM has lost about 7.5% of its value. Read More »

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. Read More »

In early trading on Friday, shares of Amgen topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. Year to date, Amgen has lost about 3.5% of its value. Read More »

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In early trading on Tuesday, shares of Walgreens Boots Alliance topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.8%. Year to date, Walgreens Boots Alliance has lost about 18.2% of its value. Read More »

Thermo Fisher Scientific (TMO) authorized a quarterly cash dividend of $0.39 per common share, payable on April 15, 2024, to shareholders of record as of March 15, 2024. This reflects an 11% increase over the previous dividend payment of $0.35. Read More »

In trading on Tuesday, the MLP ETF (MLPA) is outperforming other ETFs, trading flat on the day. Components of that ETF showing particular strength include shares of Enterprise Products Partners (EPD), down about 0.1% and shares of Western Midstream Partners (WES), off about 0.2% on the day. Read More »

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Valero Energy Corp (VLO) is now the #114 analyst pick, moving up by 2 spots. Read More »

Occidental announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on April 15, 2024, to stockholders of record as of the close of business on March 8, 2024. On an annual basis, the dividend is $0.88 per share at the new rate, compared to the previous annual rate of $0.72 per share. Read More »

In early trading on Friday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.7%. Year to date, Chevron registers a 4.0% gain. Read More »

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In early trading on Friday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.8%. Year to date, Chevron registers a 0.9% gain. Read More »

The FT Energy Income Partners Strategy ETF is seeing unusually high volume in afternoon trading Thursday, with over 245,000 shares traded versus three month average volume of about 37,000. Shares of EIPX were up about 0.7% on the day. Read More »

The iShares North American Natural Resources ETF is seeing unusually high volume in afternoon trading Tuesday, with over 520,000 shares traded versus three month average volume of about 94,000. Shares of IGE were up about 0.1% on the day. Read More »

In early trading on Tuesday, shares of General Motors topped the list of the day's best performing components of the S&P 500 index, trading up 9.6%. Year to date, General Motors registers a 8.0% gain. Read More »

Omega Healthcare Investors today announced that the Company's Board of Directors declared a cash dividend of $0.67 per share on its common stock. The dividend is payable Thursday, February 15, 2024, to common stockholders of record as of the close of business on Monday, February 5, 2024. Read More »

In early trading on Monday, shares of Visa topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.3%. Year to date, Visa registers a 4.3% gain. Read More »

Halliburton's board of directors declared a 2024 first quarter dividend of seventeen cents per share on the Company's common stock payable on March 27, 2024, to shareholders of record as of the close of business on March 6, 2024. Read More »

Qualcomm today announced a quarterly cash dividend of $0.80 per common share, payable on March 21, 2024, to stockholders of record at the close of business on February 29, 2024. Read More »

Enterprise Products Partners (EPD) declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the fourth quarter of 2023 of $0.515 per unit, or $2.06 per unit on an annualized basis. The quarterly distribution will be paid Wednesday, February 14, 2024, to common unitholders of record as of the close of business Wednesday, January 31, 2024. This distribution represents a 5.1 percent increase over the distribution declared with respect to the fourth quarter of 2022, and a 3 percent increase over the distribution declared with respect to the third quarter of 2023. Read More »

In early trading on Monday, shares of American Airlines Group topped the list of the day's best performing components of the S&P 500 index, trading up 5.1%. Year to date, American Airlines Group registers a 4.0% gain. Read More »

In early trading on Monday, shares of American Airlines Group topped the list of the day's best performing components of the S&P 500 index, trading up 5.1%. Year to date, American Airlines Group registers a 4.0% gain. Read More »

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In early trading on Wednesday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.5%. Year to date, Chevron has lost about 15.1% of its value. Read More »

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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. Read More »

In early trading on Tuesday, shares of Amgen topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.9%. Year to date, Amgen registers a 4.6% gain. Read More »

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In early trading on Friday, shares of Boeing topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.3%. Year to date, Boeing registers a 26.2% gain. Read More »

The SPDR S&P North American Natural Resources ETF is seeing unusually high volume in afternoon trading Wednesday, with over 135,000 shares traded versus three month average volume of about 27,000. Shares of NANR were off about 1.1% on the day. Read More »

In early trading on Wednesday, shares of Caterpillar topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.2%. Year to date, Caterpillar registers a 7.8% gain. Read More »

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In trading on Thursday, oil & gas refining & marketing shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of REX American Resources, up about 34% and shares of Phillips 66 up about 5.2% on the day. Read More »

Merck, known as MSD outside of the United States and Canada, announced today that the Board of Directors has declared a quarterly dividend of $0.77 per share of the company's common stock for the first quarter of 2024. Payment will be made on Jan. 8, 2024, to shareholders of record at the close of business on Dec. 15, 2023. Read More »

The WisdomTree U.S. Multifactor Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 147,000 shares traded versus three month average volume of about 36,000. Shares of USMF were up about 0.9% on the day. Read More »