FTXN News and Press, First Trust Nasdaq Oil & Gas ETF From 02/05/24

2024-02-05 21:50:00 ET Summary Russia seems to have taken advantage of the drop in Iran’s oil exports. Saudi Arabia, Kuwait and Iraq deepened their cuts. Non-OPEC members of OPEC+ (excl. Russia) did not improve their compliance. Leaking tendency among non-OPEC produ...

2024-01-31 04:36:00 ET Summary 2023 was characterized by narrow leadership and multiple expansions. While last year’s gains have led to headline valuations appearing stretched, there are many segments of the market that are not as aggressively priced. With the expectati...

2024-01-23 06:12:28 ET Summary Global oil fundamentals are deteriorating due to poor economic growth, technical recessions, and emerging market sovereign defaults. Surging oil production from US shale and non-OPEC producers will offset Saudi Arabian-led production cuts, leading to...

2024-01-16 22:49:00 ET Summary The year ahead is, of course, a blank slate and no one has a clue how events will unfold. Weather and geopolitical risk are also on the short list as factors that could drive commodities prices higher, although marginal demand and monetary (liquidity...

2024-01-04 11:15:00 ET Summary In this 2023 year-end sector review (part 1), we look at how companies performed during 2023 in the communications services, consumer discretionary, consumer staples, energy, and financial services sectors. After a bad year in 2022, the consumer disc...

2023-12-12 04:14:00 ET Summary How elections in Taiwan and the U.S. could dramatically reshape relations with China. Why globalization is changing in ways not seen in decades. Onshoring and the impact on manufacturing. From geopolitical conflicts to market volatili...

2023-12-09 22:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-10-25 02:21:00 ET Summary The third quarter of 2023 largely extended trends seen in the second quarter. The Oil & Gas sector continued its dominance within the resource equity landscape while most other sectors faced challenges. Battery metal companies, chiefly lithium pr...

2023-09-22 10:21:38 ET First Trust Nasdaq Oil & Gas ETF ( NASDAQ: FTXN ) declares $0.1804/share quarterly dividend , -56.6% decrease from prior dividend of $0.4157. Forward yield 2.43%. Payable Sept.29; for shareholders of record Sept. 25; ex-div Sept. 22. ...

2023-09-19 01:18:28 ET Summary Massive shortage in production and refining continues, with a shortfall of almost a million barrels per day. Demand remains strong, hitting a record of 102.8 bpd in July, with forecasts of deficits in the future. The oil market is at risk of a si...