XLU Jan 2021 35.000 put

OPR - OPR Delayed Price. Currency in USD
0.1700
0.0000 (0.00%)
As of 10:43AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close0.1700
Open0.1700
Bid0.0000
Ask0.2300
Strike35.00
Expire Date2021-01-15
Day's Range0.1700 - 0.1700
Contract RangeN/A
Volume4
Open Interest869
  • 3 Best Dividend Stocks to Buy in the Energy Sector
    InvestorPlaceyesterday

    3 Best Dividend Stocks to Buy in the Energy Sector

    The classic equity sectors to hunt for yield have been defense, consumer staples, and utilities. The idea has always been that these sectors provide less in the way of capital gains, compared to more volatile high-flying sectors like technology, but in exchange for the more moderate capital gains, investors get stability and yield.This year, however, as investors have tried to navigate the tail end of the business cycle and changing stances by the Federal Reserve, fund flows have gone to those classic defensive sectors. The result is double digit gains for the stock itself pre-dividend in year to date performance. Consumer Staples Select (NYSEARCA:XLP) is up almost 19%. The utility ETF Utilities SPDR (NYSEARCA:XLU) is not far behind, up 15%.Dividend yields have fallen under this scenario, and XLU yields just 3%, while XLP yields just 2.7%. It's clear then, that investors are going to need to look elsewhere for higher yields.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Energy, being rather out of favor this year, is offering some compelling opportunities. Dividend Stocks to Buy: Energy Transfer LPDividend Yield: 8.2%Energy Transfer (NYSE:ET) has been steadily executing on the strategic front. They have expanded their presence to China to meet growing demand for LNG and NGL products by opening an office in Beijing earlier in the year. ET signed a letter of intent with Sunoco (NYSE:SUN) to enter into a joint venture on a diesel fuel pipeline to West Texas. They have sold interests in certain pipelines to raise capital at attractive prices.Regardless of how the overall market is treating the energy sector, especially midstream master limited partnerships (MLPs), ET has not missed a beat. Financials are in good order with a distribution cash coverage ratio of 2.07x. Fiscal year adjusted EBITDA forecast of $10.7 billion have been reaffirmed.All the while the business keeps expanding. Plans on a Bakken pipeline optimization project will start next year. And on the Permian side, ET is expanding its Permian Express pipeline system by an incremental 120,000 barrels per day. The Permian Express 4 expansion is expected to be in service by the end of the third quarter of 2019.Cash flows are extremely healthy. The dividend is secure. And new projects are fueling growth. The future for ET looks better than good. DCP MidstreamDividend Yield: 10%DCP Midstream (NYSE:DCP) reported a strong first quarter yet yields remain sky high. This presents a great opportunity for patient investors who understand that equity sectors go on rotation and that there will be a day when the market wakes up and realizes how cheap companies have gotten.DCP owns and operates more than 60 plants and 64,000 miles of natural gas and natural gas liquids pipelines across 9 states. On this diverse base of assets, the company generated record distributable cash flow of $224 million in the first quarter. This puts the distribution coverage ratio at 1.45 times. So, despite difficult times for the sector, a best-in-class operator will still produce best-in-class results.NGL Energy Partner's (NYSE:NGL) pipeline throughput volumes was extremely strong, increasing approximately 30% year-over-year. In particular, Sand Hills and Southern Hills drove higher volumes. As a result, adjusted EBITDA set a record as well for the quarter. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond Somehow DCP is just sitting there yielding 10%. Take advantage of the mispricing. BPDividend Yield: 6%BP (NYSE:BP) has a plan in place to secure long-term cash flow distributions to shareholders. Oil prices have been volatile, but their turnaround strategy is well underway.There are a number of ramp-up projects, three of which came on stream in Q1, and another that is scheduled to come on stream in Q2. These ramp-ups should make up for some lost volume that has certain analysts concerned.The good news is that most of the major turnarounds are behind BP, so the company is now in more of a steady state. There will be some impact in Q2 but not to the extent that the market seems to be pricing in.Lubricants, which has been a great business, has recently run into some issues with base oil prices, but management indicates that is leveling off. BP has made major efforts starting late last year to make that department more efficient, so there are ways to work around the headwinds.A recovery across a couple of BP's business lines going forward, in addition to the refinery system readying to go "full tilt" in 2020, has positioned the company well both from a growth and cash flow standpoint. Being paid 6% for the company's thought through strategy to play off isn't a bad deal. As of this writing, Luce Emerson was long shares of Energy Transfer LP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Best Dividend Stocks to Buy in the Energy Sector appeared first on InvestorPlace.

  • Southern Company’s Dividend Profile Compared to Its Peers
    Market Realist2 days ago

    Southern Company’s Dividend Profile Compared to Its Peers

    Southern Company (SO) declared a quarterly dividend of $0.62 per share on Monday. The dividend is in line with the previous quarterly dividend.

  • MarketWatch6 days ago

    PNM Resources' stock set to selloff after profit warning

    Shares of PNM Resources Inc. were indicated down nearly 3% in premarket trading Friday, after the electric utilities company cut its profit guidance for the second quarter and the full year, citing "substantially milder temperatures" in New Mexico. PNM lowered its Q2 earnings-per-share estimate to 36 cents to 38 cents from 57 cents to 59 cents, well below the FactSet consensus of 62 cents. The 2019 EPS guidance range was lowered to $2.05 to $2.11 from $2.10 to $2.20, versus the FactSet consensus of $2.15. "The PNM service territory experienced its mildest second quarter over the last 19 years, resulting in 37% lower cooling degree-days and lower expectations for second quarter ongoing earnings," the company said in a statement. PNM's stock has rallied 22.7% year to date through Thursday, while the SPDR Utilities Select Sector ETF has climbed 15.3% and the S&P 500 has advanced 19.7%.

  • 6 Ways to Prepare for the Next Market Decline
    Kiplinger7 days ago

    6 Ways to Prepare for the Next Market Decline

    The U.S. economy is putting up some impressive numbers in GDP, jobs and wages, but many pundits fear that a slowdown is pending. Trade-war fears with China and the European Union remain front and center in the news. And the yield curve is threatening to invert, meaning short-term interest rates may be moving higher than long-term rates. That's often a sign of pending recession on its own.By some measures, the current expansion is now 10 years old, making it one of the longest on record. That seems ancient, but there's no rule that says it can't continue. Australia is in its 28th consecutive year of economic growth.Even so, all good things do eventually come to an end. And for the U.S. (and for Australia, for that matter), economists are looking for slowdowns. Even the Federal Reserve has indicated it is ready to lower short-term interest rates to combat any problems that may arise.Professional investment managers may look to sell a good deal of their holdings to step aside as the market falls. However, for most individuals, timing the market by selling when conditions seem dicey, and buying back when conditions firm up, is a big mistake. Even the pros don't always get it right, and they have armies of analysts and rooms full of technology at their disposal.Here are six ways to prepare for the next stock market decline. The key is to make smaller adjustments to your portfolio to reduce risk and still be ready to participate when the market resumes its upward march. SEE ALSO: 25 Stocks Every Retiree Should Own

  • Sector ETFs & Stocks to Bet On This Earnings Season
    Zacks8 days ago

    Sector ETFs & Stocks to Bet On This Earnings Season

    Investors could place their bet on sectors that are expected to post positive earnings growth.

  • 5 Unbeatable ETF Strategies for 2nd Half
    Zacks9 days ago

    5 Unbeatable ETF Strategies for 2nd Half

    We have highlighted some investing ideas that could prove to be extremely beneficial for investors for the rest of the year in the current market environment.

  • Utilities in Focus on Unstable Bond Yields and Rate Cut Hopes
    Market Realist10 days ago

    Utilities in Focus on Unstable Bond Yields and Rate Cut Hopes

    Utilities, which are sensitive to interest rates, rose 1.8% while the S&P; 500 managed to gain almost 2% in the week that ended on July 5.

  • Is Lagarde the Right Choice for ECB Chief?
    Market Realist13 days ago

    Is Lagarde the Right Choice for ECB Chief?

    In a surprise move, Christine Lagarde was nominated as the president of the European Central Bank on Wednesday. What are the implications?

  • Bond Yields Fall to Record Lows: Is It Time to Go Defensive?
    Market Realist13 days ago

    Bond Yields Fall to Record Lows: Is It Time to Go Defensive?

    Bond yields continued to fall to record lows this week amid growing anxiety about a global economic slowdown.

  • All-Time Highs on Wall Street With More to Come
    Investopedia14 days ago

    All-Time Highs on Wall Street With More to Come

    With the S&P 500 and Dow at all-time highs, it's been a great year for every stock market sector, and margin debt levels have room to grow.

  • Utility Stocks Continue to Outperform as Treasury Yields Slide
    Market Realist14 days ago

    Utility Stocks Continue to Outperform as Treasury Yields Slide

    On Wednesday, utility stocks continued to outperform as benchmark Treasury yields remained weak for the second consecutive day.

  • Should You Invest in the Fidelity MSCI Utilities Index ETF (FUTY)?
    Zacks15 days ago

    Should You Invest in the Fidelity MSCI Utilities Index ETF (FUTY)?

    Sector ETF report for FUTY

  • Not All Utility Stocks Look Expensive Right Now
    Market Realist16 days ago

    Not All Utility Stocks Look Expensive Right Now

    The unusual rally in utility stocks has pushed them to record valuation multiples this year. On average, they're currently trading at 19 times their forward earnings!

  • The XLU ETF’s Indicators Last Week versus Top Utility Stocks
    Market Realist16 days ago

    The XLU ETF’s Indicators Last Week versus Top Utility Stocks

    The Utilities Select Sector SPDR ETF (XLU) has continued to trade close to its peak recently. It closed at $59.63 at last week, almost 1% and 6% above its 50-day and 200-day simple moving averages.…

  • Is Joe Biden’s Green New Deal Really Feasible?
    Market Realist16 days ago

    Is Joe Biden’s Green New Deal Really Feasible?

    Joe Biden has proposed a climate change framework that aims to zero down on carbon emissions and create millions of new jobs by 2050.

  • Why Utilities Underperformed the Broader Market Last Week
    Market Realist17 days ago

    Why Utilities Underperformed the Broader Market Last Week

    The defensives and utilities sector fell more than 2% last week while broader markets fell just 0.3%. Here's why.

  • MarketWatch17 days ago

    Utilities stocks in unanimous selloff as stock market rally weighs on safe-haven assets, bond proxies

    Utilities stocks are unanimously lower Monday, as the easing of tensions in the U.S.-China trade war, and the subsequent surge in the broader stock market, has led to selling in safe-have assets like Treasurys and bond proxies, like high-yielding utilities. The SPDR Utilities Select Sector ETF fell 0.9% in morning trading with all 28 components losing ground, while the Dow Jones Utility Average shed 1.1% with all 15 components declining. Shares of NextEra Energy Inc. fell 1.4% to lead both sector trackers lower. Among other more-active utilities, shares of Southern Co. shed 1.3%, Exelon Corp. gave up 0.7% and Dominion Energy Inc. ropped 1.1%. Meanwhile, the Dow Jones Industrial Average rallied 245 points with 27 of 30 components gaining ground, while the yield on the 10-year Treasury note rose 0.7 basis points to yield 2.007%. The implied yield on the utilities ETF was 3.14% and on the Dow utilities was 3.00%.

  • 5 Utility Stocks to Buy for an Extra Durable Portfolio
    InvestorPlace17 days ago

    5 Utility Stocks to Buy for an Extra Durable Portfolio

    [Editor's note: This story was originally published in September 2018. It has since been updated and republished.]Utility stocks were supposed to be yesterday's favorite investment. The theory regarding utility stocks was simple: Robust economic growth coupled with a full labor market was supposed to spark rising inflation. The Fed was supposed to fight rising inflation with rate hikes. Fixed income yields were supposed to rise. Utility stocks, which were long viewed as bond substitutes in an era of ultra-low interest rates, were supposed to fall.But that theory hasn't fully materialized into reality.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe result? Utility stocks haven't lost their shine. With inflation relatively contained and investors ducking into safety, stocks in utilities are still attractive assets to own for dividend yield hunters. Utilities Select Sector SPDR Fund(NYSE: XLU), a utilities ETF, has jumped 13.5% in 2019.The markets' recent volatility has contributed to the XLU's gain, as investors flee toward any safe haven. Not to mention, a number of other catalysts are in play. Inflation isn't soaring higher because technology giants are suppressing inflationary pressures (just think about the downward pressure Amazon (NASDAQ:AMZN) is putting on all consumer goods prices). This trend won't reverse any time soon, and thus, inflationary pressures should remain subdued for the foreseeable future. With those forces subdued, utility stocks have room to rally. * 7 F-Rated Stocks to Sell for Summer With that said, what are the best utility stocks to buy for your portfolio? Here's a list of five stocks that I think are worth a look: American Electric Power (AEP)Considered one of the industry's heavyweights, American Electric Power (NYSE:AEP) is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. Over the past three months, AEP stock is up 6%.The business right now is doing pretty well, as robust economic strength in the company's core markets has boosted the business. Overall, sales and earnings are both trending higher at a healthy rate. Sempra Energy (SRE)Another one of the industry's heavyweights is Sempra Energy (NYSE:SRE), the multi-faceted energy company that provides energy services to more than 40 million customers globally across Southern California, Texas, Chile and Peru. In 2019, SRE stock is up 27%.Sempra's business is doing well: Both revenues and earnings are trending higher amid a favorable economic backdrop. Plus, the company is continuing its energy diversification efforts by expanding its liquid natural gas (LNG) business, something which the company feels can help fuel sustainable long-term growth. * 7 F-Rated Stocks to Sell for Summer The dividend yield on SRE stock sits right around 2.8%. That isn't great, but it's right around where the yield has been over the past several years. Duke Energy (DUK)Next up is electric power and gas utility giant Duke Energy (NYSE:DUK). Much like the other names on this list, Duke's operations are stable and healthy. That said, DUK stock is down 2% over the past five days. That's contributed to an increased dividend yield, at 4.2%.Business remains fine, mostly thanks to favorable weather and strengthening economic conditions. And Duke's revenues and earnings have been trending consistently higher at a slow and stable rate.This level of growth should persist for the next several years as economic conditions remain solid. American Water Works Company (AWK)Although electricity and power are very important utilities, another utility of equal importance is water, and that is where American Water Works Company (NYSE:AWK) comes into the picture.American Water provides waters services to 15 million people across 46 states and Canada. That makes American Water the largest and most diverse publicly traded water company. Moreover, American Water is planning on spending a whole bunch of money over the next several years to modernize water distribution infrastructure, an investment that will likely lead to rate hike approvals and robust long-term earnings growth. * 7 F-Rated Stocks to Sell for Summer AWK stock has a dividend yield of 1.7%. That isn't great. But, what the company lacks in dividend yield, it makes up for in earnings growth, which should be able to run around 10%-per-year for the next several years. That combination of healthy earnings growth and stable yield should make AWK stock a winning investment. NextEra Energy (NEE)Perhaps the utility stock with the most long-term earnings-growth potential on this list is NextEra Energy (NYSE:NEE). That is because not only does NextEra operate a massive utility business like the other utility players on this list, but the company is also a leading player in renewable energy and battery storage.Over the past decade, this company has grown earnings and dividends at an 8%-per-year clip, and that robust growth should continue so long as the company's renewable business continues to scale.The one thing to be worried about when it comes to NEE stock is that the dividend yield is at 2.4%, which is a five-year low. But earnings growth is robust, and it is large enough to compensate for a historically low dividend yield.As of this writing, Luke Lango was long AMZN and AWK. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 F-Rated Stocks to Sell for Summer * 7 Stocks to Buy for the Same Price as Beyond Meat * 7 Penny Marijuana Stocks That Are NOT Cheap Stocks Compare Brokers The post 5 Utility Stocks to Buy for an Extra Durable Portfolio appeared first on InvestorPlace.

  • Fed's Powell set to testify on Capitol Hill amid questions about his job security
    Yahoo Finance Video9 days ago

    Fed's Powell set to testify on Capitol Hill amid questions about his job security

    Federal Reserve Chair Jerome Powell is set to testify before lawmakers starting tomorrow. This as White House Economic Advisor Larry Kudlow addressed concerns over Powell's job security. Yahoo Finance's Seana Smith and Brian Cheung discuss.

  • The Fed's next move should be 'doing absolutely nothing:' Economist
    Yahoo Finance Video10 days ago

    The Fed's next move should be 'doing absolutely nothing:' Economist

    Fed Chair Jay Powell is heading to Capitol Hill. Investors are watching as he is set to testify before the House Financial Services Committee and Senate Banking Committee this week. Yahoo Finance's Seana Smith and RDQ Economics Chief Economist John Ryding discuss.