DRIP News | Roxom Stocks

1 BTC

=

- USD

Loading market data...

DR

AUM

N/A

Volume

792.91K

Yield

3.65%

Chart Earnings News About Dividends Insider Filings

Oil And Gas Stocks Tank With Record Supply Fueling Sector Sell Off: This Inverse ETF (DRIP) Offers A 200% ReturnDirexion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (ARCA: DRIP) was rising about 4.5% Tuesday after data released by the Bureau of Labor Statistics showed the Consumer Price Index (CPI) eased to an annual rate of 3.1% in November, which matched expectations. Last week, OPEC+ nations agreed on new oil cuts amid oil production in the U.S. reaching record levels and supply outpacing demand. Despite the news, the United States Oil Fund (ARCA: USO) fell to a five-month low the following day on Dec. 7, throwing the sector into a bear market. Must Read: Crude Conundrum: US Oil Production Hits Record Levels, But Energy Stocks Aren't Pumping Trending: Tesla Spinning Its Wheels: Snow-Challenged Cybertruck Gets Rescued By Rival Pickup Analysts have recently turned bearish on the sector, with Morgan Stanley analyst Devin McDermott downgrading Marathon Oil Corporation Corp (NYSE: MRO) from Overweight to Equal Weight on Monday and dropping a price target from $27 to $25. On Friday, JP Morgan analyst John Royall ...Full story available on Benzinga.comBenzinga · Dec 12, 2023

Inverse Energy ETFs Rise Amid Steep Decline in OilOil prices are on their longest weekly losing streak since 2018, leading to a surge in inverse or inverse-leveraged energy ETFs.Zacks Investment Research · Dec 8, 2023

Oil And Gas Prices Fall As Production Floods The Market: This 2X Leveraged ETF Tracks The Sector To The DownsideDirexion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (ARCA: DRIP) was rising about 2.5% Monday ahead of Thursday’s OPEC+ oil policy meeting, which was originally scheduled to take place on Sunday. Traders and investors appear to be expecting that even if cuts are announced, little will change because the current supply is high. On Nov. 20, Stifel analyst Derrick Whitfield maintained a Buy rating on Marathon Oil Corporation Corp (NYSE: MRO) and dropped a price target from $40 to $39. On Nov. 14, Mizuho analyst Nitin Kumar maintained a Buy rating on Exxon Mobil Corp (NYSE: XOM) and lowered the price target from $139 to $133. DRIP is an inverse double-leveraged fund designed to track companies held in the S&P Oil & ...Full story available on Benzinga.comBenzinga · Nov 27, 2023

Oil Prices Rise As Concerns Over Supply Grow Amid Middle East Unrest: This Fund Offers 2X Leverage To Play The Sector BullishlyDirexion Daily S&P Oil & Gas Exp & Prod Bull 2X Shares (ARCA: GUSH) was rising about 0.8% higher on Monday, continuing its rally amid increased geopolitical conflict, which caused International Monetary Fund Managing Director Kristalina Georgieva to express concerns over. Instability in the Middle East, an area responsible for roughly one-third of global oil production, could disrupt supplies, causing prices to surge, which is bullish for GUSH. On Oct. 12, Benchmark analyst Subash Chandra maintained a Buy rating on Marathon Oil Corporation Corp (NYSE: MRO) and dropped a price target from $32 to $28. On the same day, several analysts maintained bullish ratings on Exxon Mobil Corp (NYSE: XOM) with two analysts raising their price targets. GUSH is a double-leveraged fund designed to ...Full story available on Benzinga.comBenzinga · Oct 16, 2023

Opportunity Today Is In Energy, Especially Oil And Gas - Chris DeMuth Jr.Chris DeMuth Jr. talks investing in 2023, the current state of the market and why he likes the energy sector, especially oil and gas.Seeking Alpha · Sep 11, 2023

Petrobras (PBR) Identifies Hydrocarbons in Aram Block WellPetrobras (PBR) discovers hydrocarbons in an exploratory well in the Aram block, situated in the Santos Basin pre-salt offshore Brazil.Zacks Investment Research · May 18, 2023

OPEC+ Production Cut: A Massive Gift To The Oil SectorOPEC+ decided to cut oil production starting in May by 1.16 million barrels per day. Click here to see my take on what this means for the investment community.Seeking Alpha · Apr 5, 2023

5 Best Leveraged or Inverse ETFs of DecemberWhile recession fears triggered by the return of the Fed's hawkish tone and rising COVID cases in China resulted in risk-off trading, a round of strong economic data lent some support to the stocks.Zacks Investment Research · Dec 30, 2022

Inverse Energy ETFs Rally as Oil Price Fall to 2022 LowsAfter outperforming this year, the energy sector has been witnessing decline over the past month. This is especially true as oil prices have dropped to the lowest since last December.Zacks Investment Research · Dec 7, 2022

Bullish On Exxon, Marathon Oil And Occidental? This 2X Leveraged ETF Looks Ready To BounceDirexion Daily S&P Oil & Gas Exp & Prod Bull 2X Shares (NYSE: GUSH) gapped down about 6% to start Monday’s trading session after the United Arab Emirates (UAE) said it planned to slash its crude oil exports to some term contract clients in Asia by 5% next month. China, a top crude oil importer, increased its strict COVID-19 lockdowns recently, causing rare protests to erupt in the country. The lockdowns are causing oil demand to wane as travel in areas of the country becomes more restricted. Despite the news, Raymond James analyst John Freeman raised the price target on Marathon Oil Corporation Corp (NYSE: MRO) from $37 to $48 and maintained a Strong Buy rating on the stock. Exxon Mobil Corp (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both have their price targets bumped higher earlier this month, indicating analysts are bullish for the oil and gas sector. GUSH is ...Benzinga · Nov 28, 2022

DR

DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF

DRIP

Pay with—

Available Balance0.00

Your PositionYou don't own any DRIP yet.

Related Tickers

Earnings

Dividends

Last · Sep 22Quarterly

Amount$0.27

Yield4.12%

Annual$1.23