Friday Sector Leaders: Energy, Industrial

Looking at the sectors faring best as of midday Friday, shares of Energy companies are outperforming other sectors, up 1.6%. Within that group, Marathon Petroleum Corp. (Symbol: MPC) and ONEOK Inc (Symbol: OKE) are two large stocks leading the way, showing a gain of 5.3% and Source: Industry Insights

Stronger Hurricane Laura aims at heart of U.S. oil refining industry

Hurricane Laura strengthened on Wednesday as it churned over evacuated oil-production platforms in the U.S. Gulf of Mexico and took aim at the energy industry’s refining hub along the Texas/Louisiana coast. Source: Industry Insights

Defying economic gloom, Iran's oil firms propel bourse to record high

The coronavirus crisis, an oil price shock and crippling U.S. sanctions on Iran’s energy and banking sectors have brought the country’s economy to its knees. Yet the Tehran Stock Exchange is home to one of the top performing equity indexes in the world. Source: Industry Insights

Vanguard Energy ETF Experiences Big Outflow

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Energy ETF (Symbol: VDE) where we have detected an approximate $90.9 million dollar outflow — that’s a 3.0% decrease week over week (from Source: Industry Insights

Marathon Petroleum Corporation (MPC) Ex-Dividend Date Scheduled for August 18, 2020

Marathon Petroleum Corporation (MPC) will begin trading ex-dividend on August 18, 2020. A cash dividend payment of $0.58 per share is scheduled to be paid on September 10, 2020. Shareholders who purchased MPC prior to the ex-dividend date are eligible for the cash dividend payme Source: Industry Insights

Reminder – Marathon Petroleum (MPC) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 8/18/20, Marathon Petroleum Corp. (Symbol: MPC) will trade ex-dividend, for its quarterly dividend of $0.58, payable on 9/10/20. As a percentage of MPC’s recent stock price of $37.39, this dividend works out t Source: Industry Insights