Can MPLX Support Its Dividend?

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

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

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

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