Bp Begins Construction On Its 187MWdc Peacock Solar Project – Quick Facts

(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

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