trending Market Intelligence /marketintelligence/en/news-insights/trending/eZoWg_ZeADPB-b3vfX1oMw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Monday's Energy Stocks: Markets show little reaction to end of Mueller probe

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Monday's Energy Stocks: Markets show little reaction to end of Mueller probe

Markets closed with mixed results Monday, March 25, showing little reaction to the conclusion of Special Counsel Robert Mueller's investigation into Russian interference in the 2016 U.S. presidential election.

The Dow Jones Industrial Average inched up 0.06% to close at 25,516.83, while the S&P 500 shed 0.08% to 2,798.36.

In oil and gas, Phillips 66's master limited partnership, Phillips 66 Partners LP, announced it has borrowed $250 million under a new $400 million senior unsecured term loan credit facility that matures March 20, 2020. Phillips 66 Partners stock retreated 1.19% to $52.98, while Phillips 66 shares were down 0.13% to $95.86, both on below-average volumes.

Summit Midstream Partners LP completed its restructuring simplification deal and its $90 million sale of the Tioga crude oil, gas and water gathering system in the Bakken Shale. Summit shares were down 0.83% to $9.58 on slim volume.

Among top performers in the sector, TechnipFMC PLC stock gained 2.82% to $23.30 on brisk volume, EQT Corp. shares gained 2.51% to close a light session at $20.00, and Noble Energy Inc. stock added 1.96% to finish at $24.44 on thin volume.

Holly Energy Partners LP lost 1.95% to $27.21, MPLX LP gave away 1.72% to $33.16, and Halliburton Co. stock slid 1.71% to $28.24, all on below-average trading volumes.

The S&P 500 Energy Index decreased 0.01% to 484.83, and the Alerian MLP Index declined 0.78% to 253.22.

In the electric and diversified utilities sector, PG&E Corp. shares dropped 6.23% to $18.21 on low volume. On Friday, the safety division of the California Public Utilities Commission formally requested to expand its investigation into whether Pacific Gas and Electric Co. falsified tens of thousands of gas safety records to include electric system-related records.

TransAlta Corp. secured a strategic investment of C$750 million from Brookfield Renewable Partners LP to help accelerate the company's transition to 100% clean energy by 2025. TransAlta shares gained 3.85% to close a robust session at C$9.43, while Brookfield Renewable added 0.05% to close at C$42.09.

Emera Inc. stock was up 1.16% to wrap a busy session at C$50.56. The Canadian utility holding company has agreed to sell its Maine operations to Calgary, Alberta-headquartered ENMAX Corp. for US$1.30 billion, comprising US$959 million of shares plus assumed debt.

AES Corp. shares added 1.00% to close a slow session at $18.24. The company is investing heavily in the renewable and battery storage development, with plans to install 12,000 MW of renewables and cut carbon emissions by 50% from 2016 levels by 2022.

NRG Energy Inc. grew 1.51% to close a slow day at $43.13. The S&P 500 Utilities Index increased 0.12% to 297.01.

Market prices and index values are current as of the time of publication and are subject to change.