hapabapa/iStock Editorial via Getty Images Introduction With what just transpired during the weekend in Iran, I believe that it is important to fundamentally understand how this will impact the broad O&G industry and thus potentially help one of the biggest companies in the space, Exxon Mobil Corporation ( XOM ). Current Dynamics The sudden escalation in the Middle East has turned the Persian Gulf...
hapabapa/iStock Editorial via Getty Images Introduction With what just transpired during the weekend in Iran, I believe that it is important to fundamentally understand how this will impact the broad O&G industry and thus potentially help one of the biggest companies in the space, Exxon Mobil Corporation ( XOM ). Current Dynamics The sudden escalation in the Middle East has turned the Persian Gulf into a no-go zone, sent crude prices (CO1:COM, CL1:COM) vertically, and left the energy market scrambling. The math here is staggering: the Strait of Hormuz handles roughly 20 million barrels of oil a day and a fifth of the world’s LNG. That supply is currently in limbo. Following strikes on Saudi and UAE soil, a massive bottleneck of 150 tankers has formed outside the Gulf, with crews unwilling to risk the transit under the shadow of Iranian retaliatory threats. Even if Saudi Arabia and the UAE maximize their bypass pipelines, nearly 10MM bpd of global supply remains trapped. This represents a physical deficit that global strategic reserves can only cover for a matter of weeks. Though the physical waterway isn’t completely blocked, the war risk premiums for tankers have surged 40x over the weekend , with many global underwriters stopping to issue policies for Gulf transits. Now, to be fair, I was expecting prices to jump further, but the relatively low increase was linked to the IEA’s reported 3.7 MM bpd surplus , which has provided a convenient, albeit fragile, ceiling for crude prices following this weekend’s events. However, this buffer is a lagging indicator. Even with the symbolic 206,000 bpd increase from OPEC+ , the market is underestimating the velocity of the current escalation. With local energy infrastructure currently spared from major damage, we are in the eye of the storm. Once physical supply chains are directly impacted, the existing oversupply will be insufficient to prevent a significant upward rerating of prices. China has also spent months building up ...
Russia's Key Novorossiysk Export Hub Again Pounded In Large Ukrainian Drone Wave Iran is understandably dominating global headlines, but major events are still happening in oh yeah that other war which has been raging for four plus years in eastern Europe. Like with the Iran conflict theatre, major geopolitical repercussions impacting energy oil prices are coming out of the Ukraine war. An overnig...
Russia's Key Novorossiysk Export Hub Again Pounded In Large Ukrainian Drone Wave Iran is understandably dominating global headlines, but major events are still happening in oh yeah that other war which has been raging for four plus years in eastern Europe. Like with the Iran conflict theatre, major geopolitical repercussions impacting energy oil prices are coming out of the Ukraine war. An overnight Monday large-scale drone wave from Ukraine has severely damaged Russia's Black Sea port of Novorossiysk . Image: stock.adobe Ukraine's General Staff has described that the facility supplies Russian forces engaged in the war, after reports have indicated the intended target was the Sheskharis oil terminal , one of southern Russia's largest oil and petroleum transshipment hubs . A large fire was observed in the wake of the attack on the key oil export site. But civilian neighborhoods were also damaged in the assault, with debris from intercepted drones reportedly hitting multiple residential structures in the city , resulting in several hospitalizations of residents. The attack was significant enough to force air travel delays and cancelations over much of southern Russia, including international routes to Istanbul. Routes to Tel Aviv and the Gulf have already been disrupted due to Trump's 'Operation Epic Fury' targeting Iran. As for this latest drone attack among many targeting Russian oil sites of late, the Security Service of Ukraine (SBU) has owned up to it, saying , "together with other components of the Defense Forces, struck Russian warships, air defense systems, and oil infrastructure in the port of Novorossiysk ." According to more details via Reuters : Russia said on Monday that five people had been injured, 20 buildings damaged , and a fire at a fuel terminal extinguished after what it said was a massive overnight Ukrainian drone attack on the Black Sea port city of Novorossiysk. An official at Ukraine's SBU security service said Ukrainian drones had struck the ...
Wheat is trading with 2 to 5 cent gains in the hard red contracts, with the soft red complex weaker. The wheat complex rallied across all three markets on Friday, to lead the grain complex. Chicago SRW futures posted 15 to 19 ½ cent gains on Friday, with May up...
Wheat is trading with 2 to 5 cent gains in the hard red contracts, with the soft red complex weaker. The wheat complex rallied across all three markets on Friday, to lead the grain complex. Chicago SRW futures posted 15 to 19 ½ cent gains on Friday, with May up...
Corn price action is showing fractional to 2 cent gains so far on Monday, with in delivery March the lone exception. Futures posted gains of 4 to 5 ½ cents across the front months on Friday, as May managed an 8 ¾ cent gain last week. Friday’s open interest rose...
Corn price action is showing fractional to 2 cent gains so far on Monday, with in delivery March the lone exception. Futures posted gains of 4 to 5 ½ cents across the front months on Friday, as May managed an 8 ¾ cent gain last week. Friday’s open interest rose...
Live cattle futures posted $2 to $4.70 losses on Friday as April was $9.77 lower on the week. Open interest showed April down 4,063 contracts, with the rest of the board rising 5,179 contracts. Cash trade settled in at $383 dressed in the North, with $243-244 live across the country....
Live cattle futures posted $2 to $4.70 losses on Friday as April was $9.77 lower on the week. Open interest showed April down 4,063 contracts, with the rest of the board rising 5,179 contracts. Cash trade settled in at $383 dressed in the North, with $243-244 live across the country....
Cotton price action is down 50 to 86 points so far on Monday morning. Futures posted 25 point gains across the nearby contracts on Friday, with May down 2 points on the week. December was up 40 points last week. Crude oil is up $5.07 this morning following the US/Israel...
Cotton price action is down 50 to 86 points so far on Monday morning. Futures posted 25 point gains across the nearby contracts on Friday, with May down 2 points on the week. December was up 40 points last week. Crude oil is up $5.07 this morning following the US/Israel...
Soybeans are falling 5 to 7 cents on Monday morning, after shooting higher at the Sunday night open, with some new crop contracts higher. Futures posted Friday gains of 6 to 10 cents in the nearby contracts, as May was up 17 ½ cents on the week. November was up...
Soybeans are falling 5 to 7 cents on Monday morning, after shooting higher at the Sunday night open, with some new crop contracts higher. Futures posted Friday gains of 6 to 10 cents in the nearby contracts, as May was up 17 ½ cents on the week. November was up...
Lean hog futures closed out February with contracts steady to 40 cents lower, as April held onto a $2.05 gain last week. April was up 2,011 contracts on Friday. USDA’s national base hog price was reported at $90.38 on Friday afternoon, down 62 cents from the day prior. The CME...
Lean hog futures closed out February with contracts steady to 40 cents lower, as April held onto a $2.05 gain last week. April was up 2,011 contracts on Friday. USDA’s national base hog price was reported at $90.38 on Friday afternoon, down 62 cents from the day prior. The CME...
Walmart ( WMT ) opened the day with a gain as investors once again took refuge from global tensions by snapping up shares of the retail giant. The company does not operate retail stores under the Walmart ( WMT ) banner anywhere in the Middle East, but it has a few indirect or limited presences via tech and partnerships. However, if oil prices were to remain elevated for a long period of time, ther...
Walmart ( WMT ) opened the day with a gain as investors once again took refuge from global tensions by snapping up shares of the retail giant. The company does not operate retail stores under the Walmart ( WMT ) banner anywhere in the Middle East, but it has a few indirect or limited presences via tech and partnerships. However, if oil prices were to remain elevated for a long period of time, there could be additional pressure on consumers in the U.S. and the retail chain's other major markets. Shares of Walmart ( WMT ) were up 0.4% in early action, with 25 out of the 30 Dow stocks in negative or flat territory. Walmart ( WMT ) is up 14.9% on a year-to-date basis and is more than 31% higher over the last 52 weeks. Wall Street analysts have a consensus Strong Buy rating on Walmart ( WMT ), but Seeking Alpha analysts are more cautious. The Seeking Alpha Quant Rating on WMT is Hold, as high factor grades for profitability and momentum are offset by low factor grades for valuation and growth. More on Walmart Walmart Q4 Results: A Rare Miss On Earnings Outlook, Shares Fairly Valued Walmart Q4: Too Expensive To Support Forward Operating Income Growth Expectations Sell Walmart Before It Loses Its $1 Trillion Valuation Insider trades: IBM, Boeing, Coca-Cola among notable names Walmart settles with FTC over Spark driver pay practices
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Avery Dennison Corp (Symbol: AVY), Noble Corporation plc (Symbol: NE), and Halliburton Company (Symbol: HAL) will all trade ex-dividend for their respective upcoming dividends. Avery Dennison Corp will pa
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Avery Dennison Corp (Symbol: AVY), Noble Corporation plc (Symbol: NE), and Halliburton Company (Symbol: HAL) will all trade ex-dividend for their respective upcoming dividends. Avery Dennison Corp will pa
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Cheesecake Factory Inc. (Symbol: CAKE), Fox Corp (Symbol: FOX), and Marriott Vacations Worldwide Corp. (Symbol: VAC) will all trade ex-dividend for their respective upcoming dividends. Cheesecake Factory
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Cheesecake Factory Inc. (Symbol: CAKE), Fox Corp (Symbol: FOX), and Marriott Vacations Worldwide Corp. (Symbol: VAC) will all trade ex-dividend for their respective upcoming dividends. Cheesecake Factory
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, H & R Block, Inc. (Symbol: HRB), Fox Corp (Symbol: FOXA), and Yum China Holdings Inc (Symbol: YUMC) will all trade ex-dividend for their respective upcoming dividends. H & R Block, Inc. will pay i
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, H & R Block, Inc. (Symbol: HRB), Fox Corp (Symbol: FOXA), and Yum China Holdings Inc (Symbol: YUMC) will all trade ex-dividend for their respective upcoming dividends. H & R Block, Inc. will pay i
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, PayPal Holdings Inc (Symbol: PYPL), Lam Research Corp (Symbol: LRCX), and Old Dominion Freight Line, Inc. (Symbol: ODFL) will all trade ex-dividend for their respective upcoming dividends. PayPal Holdings
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, PayPal Holdings Inc (Symbol: PYPL), Lam Research Corp (Symbol: LRCX), and Old Dominion Freight Line, Inc. (Symbol: ODFL) will all trade ex-dividend for their respective upcoming dividends. PayPal Holdings
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Bgc Group Inc - Class A (Symbol: BGC), Employers Holdings Inc (Symbol: EIG), and WillScot Holdings Corp (Symbol: WSC) will all trade ex-dividend for their respective upcoming dividends. Bgc Group Inc - Cl
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Bgc Group Inc - Class A (Symbol: BGC), Employers Holdings Inc (Symbol: EIG), and WillScot Holdings Corp (Symbol: WSC) will all trade ex-dividend for their respective upcoming dividends. Bgc Group Inc - Cl
A collection of 3,000-year-old artefacts at Battersea power station gives Egypt’s most ambitious, self-aggrandising pharaoh a chance to emerge from Tutankhamun’s shadow The mummy of Egypt’s most ambitious pharaoh, Ramses II (often spelt Ramesses), is a masterpiece of the embalmer’s art. The amazingly preserved 3,000-year-old face with its proud, beaky nose looks much as it must have when he died a...
A collection of 3,000-year-old artefacts at Battersea power station gives Egypt’s most ambitious, self-aggrandising pharaoh a chance to emerge from Tutankhamun’s shadow The mummy of Egypt’s most ambitious pharaoh, Ramses II (often spelt Ramesses), is a masterpiece of the embalmer’s art. The amazingly preserved 3,000-year-old face with its proud, beaky nose looks much as it must have when he died at the age of 90 or 91, after ruling for 66 years, fathering more than 100 children, smiting his enemies and making ancient Egypt great again. And that’s even before you notice how his hand seems to reach forward to grasp spookily at power from beyond the grave. I’ve never forgotten Ramses since looking on his face, and that hand, in Cairo. But the world at large seems more interested in Tutankhamun , whose unspoiled tomb was found by Howard Carter in 1922 . Continue reading...
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, PVH Corp (Symbol: PVH), Autoliv Inc (Symbol: ALV), and Fresh Del Monte Produce Inc. (Symbol: FDP) will all trade ex-dividend for their respective upcoming dividends. PVH Corp will pay its quarterly divide
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, PVH Corp (Symbol: PVH), Autoliv Inc (Symbol: ALV), and Fresh Del Monte Produce Inc. (Symbol: FDP) will all trade ex-dividend for their respective upcoming dividends. PVH Corp will pay its quarterly divide
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Avnet Inc (Symbol: AVT), Ingersoll Rand Inc (Symbol: IR), and Enpro Inc (Symbol: NPO) will all trade ex-dividend for their respective upcoming dividends. Avnet Inc will pay its quarterly dividend of $0.35
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Avnet Inc (Symbol: AVT), Ingersoll Rand Inc (Symbol: IR), and Enpro Inc (Symbol: NPO) will all trade ex-dividend for their respective upcoming dividends. Avnet Inc will pay its quarterly dividend of $0.35
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Phibro Animal Health Corp. (Symbol: PAHC), Pjt Partners Inc Class A (Symbol: PJT), and Equitable Holdings Inc (Symbol: EQH) will all trade ex-dividend for their respective upcoming dividends. Phibro Anima
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Phibro Animal Health Corp. (Symbol: PAHC), Pjt Partners Inc Class A (Symbol: PJT), and Equitable Holdings Inc (Symbol: EQH) will all trade ex-dividend for their respective upcoming dividends. Phibro Anima
Zions Bancorporation ( ZION ) was upgraded at Morgan Stanley based on the expectation of ~180 bps of positive operating leverage in 2026, above both the company's 100 bps to 150 bps guidance and ~90 bps consensus estimate. The stock was raised to Overweight from Equal-weight. "Roughly half of this is effectively 'locked in' from the roll-off of terminated swaps, which we estimate contributes ~90 b...
Zions Bancorporation ( ZION ) was upgraded at Morgan Stanley based on the expectation of ~180 bps of positive operating leverage in 2026, above both the company's 100 bps to 150 bps guidance and ~90 bps consensus estimate. The stock was raised to Overweight from Equal-weight. "Roughly half of this is effectively 'locked in' from the roll-off of terminated swaps, which we estimate contributes ~90 bps of revenue growth, with no associated expense," said analysts Manan Gosalia and Brian Wilczynski. "The remainder is driven by improving core fundamentals, including accelerating loan growth, balance sheet remixing, deposit repricing tailwinds, and continued fee growth," added the analysts in a research note. "We also see room for a significant acceleration in buybacks in 2027 (from $100M in 2026 to $450M in 2027 vs. consensus of $150M) as ZION reduces the gap vs. peers on CET1," said the research note. "Shares have underperformed the group by 400 bps YTD, making for an attractive entry point," said the analysts, adding they recommend the stock going into the first quarter earnings. Morgan Stanley's rating aligns with the average Seeking Alpha authors rating on ZION of Buy. Sell-side analysts as well as SA's Quant Rating system grade the stock as Hold. Morgan Stanley is optimistic, but with a little more caution, on the midcap banks industry. "While recent headlines on private credit could limit multiple expansion in the very near term, we view these as one-offs and expect strong earnings performance over the next 2 quarters will reinstill market confidence in the group," said Gosalia and Wilczynski. Shares were 0.82% higher to $57.75 during Monday morning trading. More on Zions Bancorporation Zions: Strong Investment Setup Zions Bancorporation: Ongoing Strength Zions Bancorporation, National Association 2025 Q4 - Results - Earnings Call Presentation Zions Bancorporation declares $0.45 dividend Zions Bancorporation signals potential capital distribution increase in 2026 a...
franckreporter Wall Street's major averages were significantly lower on Monday as war escalations intensify in the Middle East, following U.S. and Israeli strikes on Iran. The benchmark S&P 500 ( SP500 ) was last -0.3%, while the Nasdaq Composite ( COMP:IND ) was -0.2%, and the blue-chip Dow ( DJI ) was -0.3%. U.S. Treasury yields were higher across the curve. T he 10-year Treasury yield ( US10Y )...
franckreporter Wall Street's major averages were significantly lower on Monday as war escalations intensify in the Middle East, following U.S. and Israeli strikes on Iran. The benchmark S&P 500 ( SP500 ) was last -0.3%, while the Nasdaq Composite ( COMP:IND ) was -0.2%, and the blue-chip Dow ( DJI ) was -0.3%. U.S. Treasury yields were higher across the curve. T he 10-year Treasury yield ( US10Y ) was 9 basis points higher at 4.04%, while the 2-year yield ( US2Y ) rose 8 basis points to 3.47%. In addition, gold prices ( XAUUSD:CUR ) rose +1.2%, as investors searched for safe havens, while U.S. crude prices ( CL1:COM ) were +6.4%. “The immediate market aftermath of a geopolitical event like the strikes in Iran consists of stocks down, oil prices up, gold prices up, and Treasury yields down, and we expect this safe-haven mode to be in full force this week. Investors are trying to figure out whether this is a regional conflict or the start of a long and drawn-out conflict,” said David Bahnsen, CIO at The Bahnsen Group. “Investors should not fret one day of market volatility, especially since stock valuations have been elevated for some time now. Over the long term, geopolitical events don't affect markets, and we've been through decades of instances with heightened tensions in the Middle East, and stocks continue to grind higher,” Bahnsen added. Energy stocks also rose, with oil and gas exploration and production companies such as Venture Global ( VG ), Cheniere Energy ( LNG ), and ConocoPhillips ( COP ) among the top performers. “The energy sector was the best-performing sector in 2026 prior to the strikes in Iran, and we expect this sector to continue its run, thanks to supply fears increasing demand, since the sector is still trading at much more attractive valuations than technology. Investors are getting tired of tech valuations and tired of the AI hype,” Bahnsen said. Traders will closely monitor the developments in the Middle East. The attack on Iran also led to...
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Suncor Energy Inc (Symbol: SU) will trade ex-dividend, for its quarterly dividend of $0.60, payable on 3/25/26. As a percentage of SU's recent stock price of $56.52, this dividend works out to approximat
Looking at the universe of stocks we cover at Dividend Channel, on 3/4/26, Suncor Energy Inc (Symbol: SU) will trade ex-dividend, for its quarterly dividend of $0.60, payable on 3/25/26. As a percentage of SU's recent stock price of $56.52, this dividend works out to approximat