Key Takeaways E continues operations at the Iraq Zubair field despite the U.S. embassy exit and rising tensions. The company follows strict security protocols and employs over 500 personnel, mostly international staff. E views regional instability as a key risk but remains committed to protecting assets and business continuity.Italian energy major Eni S.p.A. (E) is keeping a close watch on the evolving security conditions in Iraq following the U.S. decision to evacuate its embassy in the country. A spokes ...

Market Reaction - Stock futures on Wall Street experienced significant declines, with the Dow Jones Industrial Average falling 453 points (1.05%) to 42,863, S&P 500 dropping 57.50 points (0.95%) to 5,992, and Nasdaq futures declining 273.50 points (1.23%) to 21,885 [1][7] - Oil prices surged, with Brent crude increasing over 7% to $74.28 per barrel, driven by fears of supply disruptions due to escalating violence in the Middle East [3][14] Geopolitical Developments - Israeli airstrikes targeted senior military figures and nuclear facilities in Iran, resulting in the deaths of several high-ranking officials, including military chief Mohammad Hossein Bagheri and Revolutionary Guard commander Hossein Salami [3][4] - Iran retaliated by launching around 100 drones toward Israel, escalating tensions further [4] Investor Sentiment - Investors sought safety amid the turmoil, leading to a rise in US Treasury bonds, with the 10-year yield increasing to 4.369% [5] - The WSJ Dollar Index rose 0.53% to 95.15, indicating renewed demand for the US dollar, while the Cboe Volatility Index (VIX) surged above 21, reflecting increased investor anxiety [6] Broader Market Impact - Gold prices reached a near two-month high, while auto stocks faced pressure following comments from former President Trump regarding potential import levies [8] - European and Asian stock markets also declined, contributing to a souring market mood [9] International Response - The International Atomic Energy Agency reported that Iran's Isfahan nuclear site was unaffected by the strikes, with no increases in radiation levels detected at the Natanz site [9] - UN Secretary-General Antonio Guterres called for restraint from both Iran and Israel, emphasizing the need to avoid further conflict in the region [12][13]

Core Insights - The stock market in 2025 has experienced significant volatility, with major indexes facing steep sell-offs followed by rapid recoveries [1] Group 1: Dividend Stocks Overview - Investors are increasingly seeking dividend stocks as a means to generate passive income, especially in a volatile market [2] - Dividend stocks are particularly appealing to risk-averse investors and those looking to balance their portfolios [2] Group 2: Devon Energy - Devon Energy is highlighted as a reliable dividend stock, with a current dividend of $0.96 per share, yielding over 3% [6] - The company's breakeven funding level is $45 per barrel of oil, indicating the minimum price needed to sustain operations and dividends [6] - With oil priced at $63 per barrel, Devon could potentially increase dividends or buy back shares, projecting $2.6 billion in free cash flow at $60 per barrel, equating to 12.9% of its market capitalization [7] Group 3: Brookfield Infrastructure - Brookfield Infrastructure offers a forward dividend yield of 5.2% and is currently trading at a discount to its historical valuation, making it an attractive option for income-focused investors [8][13] - The company has demonstrated a 14% compound annual growth rate in funds from operations over the past 15 years, indicating strong operational performance [12] - Brookfield Infrastructure generates sufficient funds from operations to cover its dividend payments, reinforcing its appeal for passive income [10] Group 4: Clorox - Clorox has faced challenges but is positioned as a high-yield dividend stock with a yield of 3.8% and a history of 48 consecutive years of dividend increases [17] - The company is expected to see cost benefits from its enterprise resource planning system starting in 2026, which may improve its financial performance [15] - Clorox has achieved 10 consecutive quarters of gross margin expansion, indicating improved cost management despite sales challenges [16]

NEW YORK, June 13, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Civitas Resources, Inc. ("Civitas Resources" or the "Company") (NYSE: CIVI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Civitas Resources investors who were adversely affected by alleged securities fraud between February 27, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/civi ...

Core Insights - The domestic futures market for crude oil saw a significant increase, with the main crude oil futures rising nearly 9% [1] - The main crude oil futures closed at 535.20 yuan per barrel, while fuel oil and low-sulfur fuel oil also experienced substantial gains [1] Price Movements - As of June 13, the main crude oil futures opened at 492.90 yuan, with a previous close of 495.70 yuan and a last settlement price of 491.10 yuan [2] - Fuel oil opened at 2979.00 yuan, with a previous close of 2997.00 yuan and a last settlement price of 2982.00 yuan [2] - Liquid petroleum gas opened at 4137.00 yuan, with a previous close of 4141.00 yuan and a last settlement price of 4148.00 yuan [2] - Low-sulfur fuel oil opened at 3629.00 yuan, with a previous close of 3645.00 yuan and a last settlement price of 3640.00 yuan [2] Inventory Data - As of June 12, the inventory data showed that the medium-sulfur crude oil futures warehouse held 4,029,000 barrels, remaining unchanged from the previous trading day [3] - Fuel oil futures warehouse held 24,750 tons, also unchanged from the previous trading day [3] - Liquid petroleum gas futures warehouse saw a decrease of 125 contracts, totaling 9,010 contracts [3] - Low-sulfur fuel oil warehouse futures held 0 tons, remaining unchanged from the previous trading day [3] Basis Data - The basis data indicated that fuel oil, asphalt, liquid petroleum gas, and low-sulfur fuel oil contracts experienced a 'backwardation' phenomenon, where spot prices exceeded futures prices [3] - For fuel oil, the spot price was 5,287.5 yuan, while the contract price was 2,509 yuan, resulting in a basis of 2,305 yuan and a basis rate of 43.59% [3] - The basis for liquid petroleum gas was 764 yuan, with a basis rate of 15.92% [3]

国际原子能机构宣布伊朗违反核不扩散条约 市场要闻与重要数据 1、纽约商品交易所7月交货的轻质原油期货价格下跌11美分，收于每桶68.04美元，跌幅为0.16%；8月交货的伦敦 布伦特原油期货价格下跌41美分，收于每桶69.36美元，跌幅为0.59%。SC原油主力合约收涨0.67%，报494元/桶。 2、由35个成员国组成的国际原子能机构理事会周四通过一项决议，正式宣布伊朗违反了核不扩散义务，这是近20 年来的第一次。"理事会发现，自2019年以来，伊朗多次未能履行其义务，就伊朗多个未申报地点的未申报核材料 和活动向原子能机构提供充分和及时的合作，构成不遵守国际原子能机构保障协议规定的义务"，国际原子能机构 理事会决议文本称。伊朗谴责国际原子能机构的决议，称这是一个没有技术或法律基础的"政治"决定，计划对此 采取额外反制措施。（来源：Bloomberg） 原油日报 | 2025-06-13 3、即便美国总统特朗普决定退出，G7多数国家仍准备单独行动，下调对俄罗斯石油的价格上限。G7领导人定于6 月15日至17日在加拿大会晤，届时将讨论2022年底首次达成的油价上限机制。该机制规定，俄罗斯石油若以不超 过60美元 ...

Energy Transfer LP (ET) closed the most recent trading day at $18.45, moving +1.1% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.38%. Elsewhere, the Dow gained 0.24%, while the tech-heavy Nasdaq added 0.24%. Coming into today, shares of the energy-related services provider had gained 0.5% in the past month. In that same time, the Oils-Energy sector gained 6.38%, while the S&P 500 gained 6.6%. Market participants will be closely following the financial results of Energy ...

John, uncertainty has certainly been the word of the day, the week, the month, but we've seen this resilience in stocks, this V-shaped recovery. How should investors be digesting this latest market action and really the volatility that we've seen. Well, they should be embracing volatility.You know, volatility is the friend of the buyer of long-term value. And, you know, we had this we have had this massive rebound. Um, you know, 20% up.We really did have a bare market intraday, April 7th, April 8th. um we d ...

Investing in oil and gas stocks is the ultimate macro play. Quite simply, an investor has to believe that the price of energy is heading higher in the future. Of course, there are once-in-a-generation moments like we sawI began my investing journey just before the Covid crash in 2020. Although an extraordinarily brief bear market, it did teach me not to lose one's head when all around you are losing theirs. I have worked nearly 15 years as a strategy consultant with expertise in communications, cultural cha ...

Acacia Research (ACTG) FY Conference Summary Company Overview - Acacia Research has transitioned from an intellectual property business to a value-based acquirer of companies, focusing on creating a diversified portfolio of assets [2][3] - The company has a book value of approximately $577 million, translating to about $6 per share, with $340 million in cash and public securities [4] Financial Performance - Acacia generated $222 million in revenue and $61 million in EBITDA, with $40 million of EBITDA related to its former intellectual property business [5] - The company operates with no debt, emphasizing a strong financial position [5] Investment Strategy - The management team, led by the CEO with a private equity background, focuses on acquiring undervalued businesses, particularly in contrarian sectors [6][8] - Acacia aims to improve the operational efficiency and profitability of acquired businesses, emphasizing hands-on management rather than passive ownership [10][11] - The company has seen a significant number of acquisition opportunities, evaluating 350 businesses last year and 280 so far this year, but remains selective [9][50] Recent Acquisitions - Acacia has made strategic acquisitions, including Benchmark Energy and Deflecto, to build a scaled oil and gas platform and diversify its portfolio [15][22] - The acquisition of Benchmark was based on identifying dislocation in the oil and gas market, focusing on cash flow generation rather than traditional valuation metrics [17][19] - Deflecto was acquired as a collection of three unrelated businesses, with plans to streamline operations and enhance value through cost-cutting and management alignment [22][24] Operational Focus - The company emphasizes operational improvements and continuous enhancement of acquired businesses, aiming to generate cash flow and increase margins [11][20] - Acacia's approach includes leveraging existing management expertise and operational partners to drive performance in acquired companies [8][26] Market Position and Future Outlook - Acacia is exploring opportunities in specialty lending and insurance, indicating a strategic focus on markets with limited capital flow [51][52] - The company is cautious about entering new markets, preferring to build around existing positions and leverage its team's expertise [54] - Acacia aims to unlock trapped value in its portfolio, with a long-term vision of growing into a formidable public holding company with multiple large businesses [42][43] Conclusion - Acacia Research is positioned as a value-oriented acquirer with a strong financial foundation and a clear strategy for operational improvement and growth through selective acquisitions [34][55]