FENY News and Press, Fidelity MSCI Energy Index From 07/17/23

2023-07-17 20:29:00 ET Summary The UBS Constant Maturity Commodity Index (CMCI) underperformed the Bloomberg Commodity Index (BCOM) in Q2 2023 but continues to outperform year-to-date by over 3.5%. The declines in all commodity indexes during Q2 2023 was mostly due to the poor eco...

2023-07-10 05:30:00 ET Summary Financial and tech sectors face weak comparisons from late 2022, while the energy sector faces stronger comparisons and good growth from late 2022. The 'pandemic' influence will ripple through the S&P 500 numbers through the end of 2023. Fina...

2023-06-20 08:33:10 ET Fidelity MSCI Energy Index ETF ( NYSEARCA: FENY ) - $0.1890 . Payable Jun 22; for shareholders of record Jun 20; ex-div Jun 16. For further details see: Fidelity MSCI Energy Index ETF declares quarterly distribution of $0.1890

2023-06-16 10:00:07 ET Exxon Mobil ( NYSE: XOM ) and Chevron Corporation ( NYSE: CVX ) are two of the most prominent multinational oil and gas conglomerates on the market and both trade lower on the year as oil dropped under $70/bbl. Head-to-Head these companies have man...

2023-06-15 16:30:00 ET Summary China’s disappointing recovery following the COVID-19 reopening this spring has been the major reason for the declining commodities markets in May. The UBS Constant Maturity Commodity Index declined 5.78% and the Bloomberg Commodity Index decl...

2023-06-05 07:00:33 ET Summary Energy investors have endured significant volatility over the past two months as China's economic recovery has fizzled out. Saudi Arabia decided to cut its production, demonstrating its commitment to defend oil prices from falling further, lending st...

2023-05-24 11:16:05 ET The broader markets have seen cautious trading lately amid ongoing discussions about the U.S. debt ceiling, uncertainty that could send investors scrambling for safety plays, leading to a raised profile for dividend stocks. Chevron ( NYSE: CVX ) usually repres...

2023-05-18 17:36:09 ET Summary Macroeconomic worries are weighing on commodity prices - WTI is holding near $70 despite a higher dollar lately. With a low earnings multiple and impressive free cash flow yield, I see a long-term value case for the energy sector. But a significa...

2023-05-10 10:15:13 ET In an uncertain market, dividend-based positions can provide a sense of security. ExxonMobil ( NYSE: XOM ) represents a perennially popular dividend name. However, does the oil giant hold up at a time when crude prices have shown sluggish trading? The Irvi...

2023-05-09 14:37:00 ET Summary Growth has made a comeback this year. The recovery of tech stocks has been at the core of this growth rebound. Meanwhile, despite the elevated profits of oil and gas companies, energy funds haven’t had the runaway success they enjoyed last yea...