For a long stretch, which began in mid-December and lasted until late last month, crude oil traded below $50 a barrel. This pulled gasoline prices below $2 in a number of states and cities. Crude has been above $55 most of the past month though, and that means drivers can say goodbye to $1.99 gas prices almost everywhere in America.
Research firm GasBuddy determines the trend of gas prices based on the average cost at the pump for a gallon of regular at approximately 150,000 gas stations. At those stations, it tracks over 10 million transactions a week. Last week, the number of stations that sell gas for $2 or less dropped to 11,286. On December 9, that number was nearly 36,000. Only one state, Mississippi, has an average price for a gallon for regular below $2. Currently, the number in the state is $1.99.
The average price for a gallon of regular across the country was $2.19 last week. The research firm also measures what the most common price is across the 150,000 stations. Last week, that most common price per station also was $2.19 per gallon. The second most common price was $2.09 per gallon, and the third most common price was $2.29.
Best Value Stocks To Invest In 2021: Tortoise Pipeline & Energy Fund, Inc.(TTP)
Tortoise Pipeline & Energy Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective to seek a high level of total return with an emphasis on current distributions. The Fund invests primarily in North American pipeline companies that transport natural gas, natural gas liquids, crude oil and refined products, and to a lesser extent, in other energy infrastructure companies. The Fund invests approximately 80% of its total assets (including assets obtained through leverage) in equity securities of pipeline and energy infrastructure companies. It may invest up to approximately 30% of its total assets in unregistered or otherwise restricted securities, primarily through direct investments, and will not invest in private companies. It may invest approximately 20% of its total assets in debt securities, including those rated below investment grade. Tortoise Capital Advisors, L.L.C. is the Fund’s investment advisor. Advisors’ Opinion:
- [By Shane Hupp]
News articles about TORTOISE PIPELI/COM (NYSE:TTP) have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TORTOISE PIPELI/COM earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 48.0089575306336 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Best Value Stocks To Invest In 2021: Microchip Technology Incorporated(MCHP)
Microchip Technology Incorporated, together with its subsidiaries, develops, manufactures, and sells semiconductor products for various embedded control applications. It offers a family of microcontroller products that include 8-bit, 16-bit, and 32-bit PIC microcontrollers; and 16-bit dsPIC digital signal controllers, which feature on-board flash memory technology. The company also provides a set of application development tools that enable system designers to program a PIC microcontroller and dsPIC DSC for specific applications. In addition, it offers analog and interface products, which consist of various families with approximately 600 power management, linear, mixed-signal, thermal management, safety and security, and interface products. Further, the company provides memory products comprising serial electrically erasable programmable read-only memory. Its products are used in various applications in automotive, communications, computing, consumer, and industrial contr ol markets. Microchip Technology Incorporated markets its products primarily through a network of direct sales personnel and distributors in the Americas, Europe, and Asia. The company was founded in 1989 and is based in Chandler, Arizona.
Advisors’ Opinion:
- [By ]
After a recent rally, consider taking some chips off the table for such semiconductor companies as Microchip (Nasdaq: MCHP) and Intel (Nasdaq: INTC) if you own them.
- [By Logan Wallace]
Microchip Technology Inc. (NASDAQ:MCHP) has earned an average recommendation of “Buy” from the twenty-one brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $102.75.
- [By Logan Wallace]
COPYRIGHT VIOLATION NOTICE: “Microchip Technology Inc. (MCHP) Shares Bought by Cerity Partners LLC” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at www.tickerreport.com/banking-finance/4153411/microchip-technology-inc-mchp-shares-bought-by-cerity-partners-llc.html.
Best Value Stocks To Invest In 2021: America First Tax Exempt Investors L.P.(ATAX)
America First Tax Exempt Investors, L.P. engages in acquiring, holding, selling, and dealing with a portfolio of federally tax-exempt mortgage revenue bonds. As of March 31, 2011, it held 20 tax-exempt mortgage bonds secured by 20 multifamily apartment properties containing a total of 3,606 rental units. America First Capital Associates Limited Partnership Two serves as the general partner of the company. The company was founded in 1998 and is based in Omaha, Nebraska.
Advisors’ Opinion:
- [By Stephan Byrd]
BidaskClub upgraded shares of America First Multifamily Investors (NASDAQ:ATAX) from a strong sell rating to a sell rating in a research report sent to investors on Thursday morning.
- [By Stephan Byrd]
TheStreet downgraded shares of America First Multifamily Investors (NASDAQ:ATAX) from a b- rating to a c+ rating in a research report released on Friday.
- [By Joseph Griffin]
America First Multifamily Investors LP (NASDAQ:ATAX) announced a quarterly dividend on Friday, September 14th, Wall Street Journal reports. Stockholders of record on Friday, September 28th will be given a dividend of 0.125 per share by the financial services provider on Wednesday, October 31st. This represents a $0.50 annualized dividend and a dividend yield of 8.50%. The ex-dividend date is Thursday, September 27th.
- [By Shane Hupp]
America First Multifamily Investors LP (NASDAQ:ATAX) Director Lisa Y. Roskens bought 5,965 shares of the stock in a transaction that occurred on Monday, August 27th. The shares were purchased at an average price of $5.95 per share, for a total transaction of $35,491.75. Following the purchase, the director now owns 100,069 shares in the company, valued at approximately $595,410.55. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.