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TTI

Tetra Technologies (NYSE:TTI) has received four bullish analyst ratings in the last quarter, with an average price target of $8.0, compared to its current price of $5.5. This average price target has increased by 14.29% over the past month.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 6:00 pm

FANG

Over the past 10 years, Diamondback Energy (NASDAQ:FANG) has outperformed the market by 2.99% on an annualized basis, producing an average annual return of 12.85%. If an investor had bought $1000 of FANG stock 10 years ago, it would be worth $3,261.22 today.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 6:00 pm

PSX

Phillips 66 (NYSE:PSX) has received various analyst ratings in the last quarter, with 2 bullish, 4 somewhat bullish, and 4 indifferent. The average 12-month price target for the company, according to 10 analysts, is $134.2, an increase of 6.09% from the previous average of $126.50.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 6:00 pm

HESM

Analysts have provided ratings for Hess Midstream (NYSE:HESM) in the last quarter, with 2 bullish and 3 indifferent ratings. The average price target is $35.0, compared to the current price of $27.97, implying an upside. The average price target has increased by 1.16% over the past month.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 6:00 pm

KTOS

Over the past 3 months, 4 analysts have published their opinion on Kratos Defense & Security (NASDAQ:KTOS) stock. The average price target has increased by 25.0% from the previous average price target of $15.00 to $18.75. The ratings are mostly bullish.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 6:00 pm

TPVG

TriplePoint Venture Gwth (NYSE:TPVG) has received mixed analyst ratings in the last quarter, with 1 somewhat bullish, 2 indifferent, and 1 bearish. The average 12-month price target is $10.5, representing a 12.5% decrease from the previous average price target of $12.00.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 6:00 pm

ACAQ

Shares of Athena Consumer Acquisition Corp. (ACAQ) were halted on a circuit breaker due to a sharp increase in price. The stock is now up by 25.9%.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 5:52 pm

VLO

XOM

Crude oil prices have dropped over 12% recently due to producers lessening their short positions, signaling decelerating demand. This has led to a significant dynamic within economic cycles, potentially hinting at future shifts in rates. Refiners like ExxonMobil (XOM) and Valero (VLO) may need to recalibrate their refining processes due to shrinking margins. The U.S. Energy Information Administration’s Weekly Petroleum Status Report shows a decrease in refinery capacity utilization rates and an unexpected surge in motor gasoline inventories. The current spread correction between crude oil and gasoline is one of the most pronounced since 2008, which could indicate a decrease in treasury rates after 3-6 months.

Portfolio Pulse from Kevin Green

October 05, 2023 | 5:47 pm

EURN

FRO

Belgian oil tanker and storage operator Euronav NV (EURN) confirmed that Compagnie Maritime Belge (CMB) offered to acquire Frontline Plc's (FRO) 26.12% stake in Euronav for $18.43 per share. This news led to a rally in Euronav and Frontline shares. The agreement would resolve a legal dispute initiated by Euronav against Frontline over a cancelled $4.2 billion merger. The proposed transaction would also involve Frontline acquiring 24 VLCC tankers from the Euronav fleet for $2.35 billion.

Portfolio Pulse from Anusuya Lahiri

October 05, 2023 | 5:42 pm

DWAC

Former President Donald Trump's campaign team announced they raised $45.5 million during the months of July, August, and September, partly due to the viral mug shot of Trump. The campaign has $37.5 million on hand entering October, with $36 million available for the 2024 Republican primary race. This is significantly more than what Ron DeSantis raised during the same period. The news could benefit Digital World Acquisition Corp (NASDAQ:DWAC), which is merging with Trump Media & Technology Group.

Portfolio Pulse from Chris Katje

October 05, 2023 | 5:42 pm