1 BTC
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State Street SPDR S&P North American Natural Resources ETF
As of May 30, 2026 at 10:10 UTC
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About State Street SPDR S&P North American Natural Resources ETF
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Latest News
5 articlesChevron agreed to settle with the U.S. Department of Justice over violations related to renewable fuel credits under the Clean Air Act. The company paid a $1 million civil penalty and retired over 2 million renewable fuel credits valued at $3.6 million. Chevron had invalidly generated over 2.2 million advanced biofuel production credits (RINs) from January to August 2022 by double-counting renewable diesel previously used for RIN generation.
Chevron Corporation (NYSE:CVX) stock surged on Wednesday after being designated as a winning bidder for Libya's Contract Area 106 in the Sirte Basin. The company signed a Memorandum of Understanding with Libya's National Oil Corporation to evaluate development and exploration potential. Chevron shares were up 1.61% at $185.20, trading at a new 52-week high, driven by positive energy sector momentum and strong technical indicators, though the RSI suggests overbought conditions.
Amid growing supply constraints and undervalued stock prices, value investors are gravitating towards mining stocks, seeking to capitalize on a market dislocation poised for a readjustment. Taylor McKenna, CFA analyst at Kopernik Global Investors LLC, shared insights at a Benzinga virtual event on Thursday, highlighting the significant gap between metal commodity prices and the valuation of mining companies. Watch The Full Benzinga Virtual Event – Mining Unearthed: Navigating the Ore of Innovation! Gold Stocks At A Discount Despite Rising Gold Prices McKenna pointed out the stark disconnection in the market, with gold trading above $2,000 per ounce while gold stocks are priced at a discount of 50 to 80%. This discrepancy presents a unique opportunity for investors, according to McKenna, who is “very happy to take advantage of this currently”. He noted the decline ...Full story available on Benzinga.com
