In trading on Thursday, shares of Parkland Corp (PKI.CA) crossed below their 200 day moving average of $41.11, changing hands as low as $40.46 per share. Parkland Corp shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of PKI.CA shares, versus its 200 day moving average: Read More »

In trading on Thursday, shares of Centrais Eletricas Brasileiras S.A.-ELETROBRAS (EBR) entered into oversold territory, changing hands as low as $7.655 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 Thursday, shares of Korea Electric Power Corp (KEP) entered into oversold territory, changing hands as low as $7.79 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 »

Symbols mentioned in this story: SPLG, BRK.B, XOM, MA Read More »

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Chevron Corporation (CVX), where a total of 34,444 contracts have traded so far, representing approximately 3.4 million underlying shares. That amounts to about 42.2% of CVX's average daily trading volume over the past month of 8.2 million shares. Particularly high volume was seen for the $165 strike call option expiring April 19, 2024, with 4,890 contracts trading so far today, representing approximately 489,000 underlying shares of CVX. Below is a chart showing CVX's trailing twelve month trading history, with the $165 strike highlighted in orange: Read More »

In trading on Wednesday, shares of Atmos Energy Corp. (ATO) crossed below their 200 day moving average of $114.50, changing hands as low as $113.71 per share. Atmos Energy Corp. shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of ATO shares, versus its 200 day moving average: Read More »

In trading on Wednesday, shares of TC Energy Corp (TRP) crossed below their 200 day moving average of $37.68, changing hands as low as $37.11 per share. TC Energy Corp shares are currently trading off about 2.3% on the day. The chart below shows the one year performance of TRP shares, versus its 200 day moving average: Read More »

In trading on Wednesday, shares of Otter Tail Corp. (OTTR) crossed below their 200 day moving average of $81.98, changing hands as low as $81.88 per share. Otter Tail Corp. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of OTTR shares, versus its 200 day moving average: Read More »

In trading on Wednesday, shares of Enbridge Inc (ENB) crossed below their 200 day moving average of $34.97, changing hands as low as $34.42 per share. Enbridge Inc shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of ENB shares, versus its 200 day moving average: Read More »

In trading on Wednesday, shares of Southern Company (SO) crossed below their 200 day moving average of $69.13, changing hands as low as $68.97 per share. Southern Company shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of SO shares, versus its 200 day moving average: Read More »

In trading on Wednesday, shares of UNITIL Corp (UTL) crossed below their 200 day moving average of $49.34, changing hands as low as $48.65 per share. UNITIL Corp shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of UTL shares, versus its 200 day moving average: Read More »

In trading on Wednesday, shares of TC Energy Corp (TRP.CA) crossed below their 200 day moving average of $50.90, changing hands as low as $50.72 per share. TC Energy Corp shares are currently trading off about 2% on the day. The chart below shows the one year performance of TRP.CA shares, versus its 200 day moving average: Read More »

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

In trading on Wednesday, shares of Kelt Exploration Ltd (KEL.CA) crossed above their 200 day moving average of $6.37, changing hands as high as $6.43 per share. Kelt Exploration Ltd shares are currently trading up about 2.6% on the day. The chart below shows the one year performance of KEL.CA shares, versus its 200 day moving average: Read More »

In trading on Wednesday, shares of Enbridge Inc (ENB.CA) crossed below their 200 day moving average of $47.21, changing hands as low as $47.06 per share. Enbridge Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of ENB.CA shares, versus its 200 day moving average: Read More »

Kenon Holdings Ltd (KEN) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utilities, KEN shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent KEN share price of $20.74 represents a price-to-book ratio of 0.9 and an annual dividend yield of 18.32% — by comparison, the average utility stock in Dividend Channel's coverage universe yields 4.5% and trades at a price-to-book ratio of 2.3. The report also cited the strong annual dividend history at Kenon Holdings Ltd, and favorable long-term multi-year growth rates in key fundamental data points. Read More »

At Holdings Channel, we have reviewed the latest batch of the 22 most recent 13F filings for the 03/31/2024 reporting period, and noticed that Chevron Corporation (CVX) was held by 21 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look. Read More »

In trading on Tuesday, shares of TC Energy Corp (TRP) entered into oversold territory, changing hands as low as $37.85 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 Talos Energy Inc (TALO) crossed above their 200 day moving average of $14.55, changing hands as high as $14.67 per share. Talos Energy Inc shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of TALO shares, versus its 200 day moving average: Read More »

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on April 1, Avangrid Inc's Director, Alan D. Solomont, invested $5,039.76 into 138 shares of AGR, for a cost per share of $36.52. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. Read More »

In trading on Tuesday, shares of Clearway Energy Inc (CWEN) crossed above their 200 day moving average of $24.23, changing hands as high as $24.39 per share. Clearway Energy Inc shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of CWEN shares, versus its 200 day moving average: Read More »

In trading on Tuesday, shares of PG&E Corp (PCG) crossed above their 200 day moving average of $16.94, changing hands as high as $16.96 per share. PG&E Corp shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of PCG shares, versus its 200 day moving average: 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 »

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

In trading on Monday, shares of Delek Logistics Partners LP (DKL) entered into oversold territory, changing hands as low as $39.1602 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 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 itself. For the iShares U.S. Oil Equipment & Services ETF (IEZ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $28.26 per unit. Read More »

In trading on Friday, shares of Kenon Holdings Ltd (KEN) crossed below their 200 day moving average of $23.74, changing hands as low as $22.75 per share. Kenon Holdings Ltd shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of KEN shares, versus its 200 day moving average: 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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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In early trading on Wednesday, shares of Intel topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.1%. Year to date, Intel registers a 68.5% gain. Read More »

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In trading on Thursday, precious metals shares were relative leaders, up on the day by about 2.1%. Leading the group were shares of Coeur Mining, up about 7.5% and shares of New Gold up about 5.7% on the day. Read More »

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Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the The Energy Select Sector SPDR Fund, which added 9,350,000 units, or a 2.1% increase week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil is up about 0.2%, and Chevron is up by about 0.2%. Read More »

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