Pacer American Energy Independence ETF (ARCA: USAI)

Latest news for Pacer American Energy Independence ETF (ARCA:USAI)

American Energy Independence ETF

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Under normal circumstances, at least 80% of the funds total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index and depositary receipts representing foreign securities. The index uses a proprietary, rules-based methodology to measure the performance of a portfolio of U.S. and Canadian exchange-listed equity securities of companies that generate a majority of their cash flow from certain qualifying midstream energy infrastructure activities. The fund is non-diversified.

Tc Energy Corp

Cheniere Energy Inc

Evertz Technologies

Williams Cos. Inc.

Oneok Inc.

Targa Resources Corp.

Kinder Morgan Inc./de

Enterprise Products Partners Lp

Pacer American Energy Independence ETF

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NTOIY

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By Tezcan Gecgil

When economies get rolling, energy stocks typically benefit. The energy sector is broad-based, with a range of companies supplying energy for the economy to function. On the commodity front, oil also gets increased investor attention.

Don&#39;t Miss These Energy Stocks In 2021

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Investors Are Nibbling At This Energy ETF

New ETFs

Celebrate American Energy Independence With This New ETF

Shares of Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) experienced a 15% surge in premarket trading on Wednesday on the heels of the company announcing a 16%<a href="https://www.benzinga.com/markets/equities/25/01/43119464/netflix-raises-prices-16-peter-schiff-warns-of-escalating-inflation-risks-ahead-of-trump-policies" target="_blank" rel="noreferrer noopener"> price hike for its standard streaming plan.</a>
What Happened: Netflix&#8217;s shares saw an increase of $128.14 in the premarket, following a 1.35% rise at the close of the previous day, ending at $869.68. 
The price increase, which took the&nbsp;ad-free standard plan from $15.49&nbsp;to $17.99 per month, was announced in conjunction with Netflix&#8217;s impressive fourth-quarter earnings report.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/01/43118941/oracles-larry-ellison-says-cancer-vaccine-tailored-in-48-hours-could-soon-be-a-reality-as-trump-announces-500-billion-ai-investment" target="_blank" rel="noreferrer noopener">Oracle's Larry Ellison Says Cancer Vaccine Tailored In 48 Hours Could Soon Be A Reality As Trump Announces $500 Billion AI Investment</a>
The earnings report highlighted a 16% year-over-year revenue growth, reaching $10.25 billion, and a subscriber increase of 18.91 million. This surge in subscribers brought the total number of paid memberships to a staggering 301.63 million. The price increase also impacted the premium tier, now priced at $24.99, and the ad-supported option, which rose to $7.99.
Netflix&#8217;s robust performance, marked by a <a href="https://www.benzinga.com/25/01/43114866/netflix-q4-earnings-highlights-nfl-squid-game-power-best-subscriber-growth-in-company-history">record operating income surpassing</a>&nbsp;$10 billion for fiscal 2024,&nbsp;suggests a promising future for the company. Netflix anticipates its 2025 revenue to fall&nbsp;between $43.5 billion and $44.5&nbsp;billion, indicating a 12-14% growth. This projection underscores Netflix&#8217;s relatively&nbsp;small current share of the&nbsp;estimated $650 billion market opportunity&nbsp;across its key regions.
The company&#8217;s strong performance, driven by popular shows like &#8216;Squid Game&#8217; and its NFL content, has led to a significant <a href="https://www.benzinga.com/25/01/43104552/youtube-vs-netflix-streamers-top-usage-leaderboard-in-december-sector-makes-more-gains-on-broadcast-and-cable">increase in its subscriber base.</a> The price hike, which is the largest in the company&#8217;s history, is a bold move that reflects Netflix&#8217;s confidence in its future growth and content offerings.
Read Next:
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<li><a href="https://www.benzinga.com/markets/25/01/43118598/warren-buffetts-pilot-co-exits-global-oil-trading-refocuses-on-us-operations-report" target="_blank" rel="noreferrer noopener">Warren Buffett's Pilot Co Exits Global Oil Trading, Refocuses On US Operations: Report</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

Equities

News

NFLX

Netflix Rises 15% In Wednesday Premarket As Streaming Giant Hikes Prices Following Record Subscriber Growth

LOGI

Logitech Announced Rally Board 65, An All-in-one Portable Video Conference Solution That Combines Intelligent Audio And Video With A 65" Touchscreen Display

Logitech Introduced Logitech Spot, A Workplace Occupancy And Environmental Sensor That's Simple To Deploy In Nearly Any Space

UTSI

UTStarcom Announced That It Has Been Selected As A Major Winner Of The RFP "Self-developed STN-A Equipment Hardware Production And OEM Procurement Project" From Guangdong Research Institute Of China Telecom Co., Ltd

Marqeta Announced It Is Powering Trading 212's Launch Into 20 Countries In Continental Europe

EV giant Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is now looking to hire data labelers in Utah for <a href="https://www.benzinga.com/news/24/07/39705124/tesla-giving-special-treatment-to-musk-and-high-profile-vip-drivers-in-fsd-development-report">data from its fleet of vehicles</a> as well as its Tesla bots.
What Happened: Tesla posted job openings on social media platform X and its career page.
The employees will work with in-house tools to label data coming from the company&#8217;s large fleet of vehicles as well as data from its humanoid bots which are under development. The data will include images and videos and the labeling will contribute to advancing the software aimed at making them operate autonomously. 
&#8220;No&nbsp;previous&nbsp;experience in AI or data labeling&nbsp;required. The perfect candidate for this role is adaptable, can apply logic to multiple different scenarios, is attentive to detail, has experience with computers and other software, and enjoys a fast-paced work environment,&#8221;&nbsp;the company says in the job description. The candidate must also have a working knowledge of the laws and rules of the road, it added. 
The job will be full-time and would require the employee to work from 9 am to 5:30 pm for five days a week in Utah.
Why It Matters: Tesla uses the visual road data that it gains from its car fleet to train their software how to respond autonomously to them. The company is hopeful that its autopilot and full self-driving (FSD) software, which currently serve as driver assistance systems, will enable autonomous driving with time and more training. 
Last year, Tesla CEO Elon Musk said that the company would start deploying self-driving Model 3 and Model Y vehicles in Texas and California for ride-hailing in 2025, provided it gets the necessary regulatory clearances.
However, the vehicles might not all operate as driverless robotaxis but with a driver as some states demand it until the company touches certain milestones in terms of miles and hours driven, the company then said. Musk, known for overestimating his company's products, expressed confidence about the&nbsp;<a href="https://www.benzinga.com/top-stories/24/10/41279865/elon-musk-may-unveil-teslas-robotaxi-but-consumers-respond-with-ehhh-new-study-reveals-skepticism-ne" target="_blank" rel="noreferrer noopener">company operating driverless paid rides sometime in 2025</a>.
However, it is important to note that FSD has yet to enable autonomous driving and still requires active driver supervision. 
As for Tesla bots, Musk said in July that the EV company would have "genuinely useful" humanoid robots in low production for use within its factories in 2025. The company will "hopefully" increase production for other customers in 2026, he said.
Musk expects to be&nbsp;<a href="https://www.benzinga.com/news/24/03/37950895/elon-musk-says-cost-of-making-an-optimus-is-half-that-of-manufacturing-a-tesla-ev-despite-complexity" target="_blank" rel="noreferrer noopener">able to sell Optimus, as the bots are called, at $10,000 or $20,000</a>, at a lower price point than Tesla&#8217;s cheapest Model 3 sedan, once it reaches high-volume production.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/01/43090016/which-evs-might-lose-7500-ev-tax-credit-under-trump-administration" target="_blank" rel="noreferrer noopener">Here Are The EVs Which Could Lose $7,500 EV Tax Credit Under Trump Administration</a></li>
<li></li>
</ul>
Image via Tesla

Tech

TSLA

Tesla Looks To Hire Data Labelers To Boost Autonomous Vehicle And Bot Development

Billionaire Peter Thiel, a renowned venture capitalist and co-founder of PayPal Holdings and Palantir Technologies, got into Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) investments long before its meteoric bull runs captured the world's attention.
However, the long-held conviction appeared to fade, as apparent from one of his interviews last year.
What happened: During an interview in Jun. 2023, Thiel <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39569413/billionaire-peter-thiel-voices-skepticism-on-bitcoins-future-growth-im-not-sure-its-going-">voiced pessimism about Bitcoin's price rise potential</a>.&nbsp;
"I'm not sure it's going to go up that dramatically from here. We got the ETF edition, and I don't know who else buys it," the venture capitalist said.
Thiel added that the apex cryptocurrency has grown increasingly connected with traditional finance as a result of the launch of spot exchange-traded funds, a deviation from its original cypherpunk, crypto-anarchist narrative.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43119637/michael-saylors-proposal-to-increase-microstratagys-share-count-approved-by-shareholders-more-bitcoin-purchases-on-the-cards">Michael Saylor&#8217;s Proposal To Increase MicroStratagy&#8217;s Share Count Approved By Shareholders — More Bitcoin Purchases On The Cards?</a>
When Thiel made these remarks, Bitcoin traded at $60,320.14 per unit. So, if you set aside his skepticism and invested $1,000 in the asset, you'd have received 0.0165 BTC.
Fast forward to January, and the apex cryptocurrency has made significant strides, exchanging hands at $104,988.38 as of this writing.&nbsp;
So if you'd have resisted selling, the original investment would have turned $1740.52, netting a return of 74% in just about seven months.
Why It Matters: Thiel's venture capital firm, Founders Fund, has had a&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/02/37087400/peter-thiels-founders-fund-bets-big-on-bitcoin-and-ether-with-200m-investment-report#google_vignette" target="_blank" rel="noreferrer noopener">significant history with Bitcoin</a>, first buying the apex digital asset back in 2014.
The fund made a profit of $1.8 billion on its Bitcoin investments by selling just before the 2022 market collapse.
It returned to the market between late summer and early fall of 2023, purchasing $100 million worth of Bitcoin.
Interestingly, in the very same interview where Thiel expressed doubts about Bitcoin, he regretted not purchasing more of the digital currency.
Price Action: At the time of writing, Bitcoin was exchanging hands at $104,988.38, up 2.73% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the leading cryptocurrency has gained 12.41%.
Read Next:&nbsp;
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Photo By Mark Reinstein On Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

If You Invested $1,000 In Bitcoin When Billionaire Peter Thiel Said BTC  Might Not Rise 'Dramatically,' Here's How Much You'd Have Made Today

<h3>Companies Reporting Before The Bell</h3>
• HDFC Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HDB#NYSE">HDB</a>) is projected to report quarterly earnings at $0.49 per share on revenue of $422.93 billion. 
• Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) is likely to report quarterly earnings at $6.61 per share on revenue of $10.80 billion. 
• Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) is projected to report quarterly earnings at $1.86 per share on revenue of $21.59 billion. 
• Comerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) is projected to report quarterly earnings at $1.26 per share on revenue of $837.57 million. 
• GE Vernova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) is expected to report quarterly earnings at $2.37 per share on revenue of $10.70 billion. 
• Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) is likely to report quarterly earnings at $2.02 per share on revenue of $22.45 billion. 
• Textron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $3.27 billion. 
• Teledyne Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDY#NYSE">TDY</a>) is projected to report quarterly earnings at $5.23 per share on revenue of $1.45 billion. 
• TE Connectivity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEL#NYSE">TEL</a>) is projected to report quarterly earnings at $1.89 per share on revenue of $3.91 billion. 
• OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is projected to report quarterly earnings at $0.96 per share on revenue of $176.15 million. 
• F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) is likely to report quarterly earnings at $0.33 per share on revenue of $408.00 million. 
• LG Display Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPL#NYSE">LPL</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $5.87 billion. 
• HBT Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBT#NASDAQ">HBT</a>) is likely to report quarterly earnings at $0.58 per share on revenue of $57.48 million. 
• Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is estimated to report quarterly earnings at $0.70 per share on revenue of $5.63 billion. 
• BankUnited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKU#NYSE">BKU</a>) is projected to report quarterly earnings at $0.72 per share on revenue of $261.25 million. 
• United Community Banks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCB#NYSE">UCB</a>) is likely to report earnings for its fourth quarter. 
• Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) is projected to report quarterly earnings at $1.34 per share on revenue of $11.04 billion. 
• Commerce Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBSH#NASDAQ">CBSH</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $417.18 million. 
• Ally Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) is expected to report quarterly earnings at $0.64 per share on revenue of $2.01 billion. 
• Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $4.06 billion. 
<h3>Companies Reporting After The Bell</h3>
• Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is likely to report quarterly earnings at $0.25 per share on revenue of $108.44 million. 
• Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is projected to report quarterly earnings at $1.63 per share on revenue of $3.98 billion. 
• Origin Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OBK#NYSE">OBK</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $87.75 million. 
• Old Second Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSBC#NASDAQ">OSBC</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $59.62 million. 
• Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is estimated to report quarterly earnings at $0.55 per share on revenue of $156.42 million. 
• First Internet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INBK#NASDAQ">INBK</a>) is expected to report quarterly earnings at $0.91 per share on revenue of $24.88 million. 
• NVE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVEC#NASDAQ">NVEC</a>) is estimated to report earnings for its third quarter. 
• Univest Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UVSP#NASDAQ">UVSP</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $73.45 million. 
• SL Green Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>) is likely to report quarterly earnings at $1.53 per share on revenue of $156.30 million. 
• Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) is projected to report quarterly earnings at $0.81 per share on revenue of $140.72 million. 
• Kinder Morgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>) is expected to report quarterly earnings at $0.33 per share on revenue of $4.13 billion. 
• Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) is projected to report quarterly earnings at $0.33 per share on revenue of $1.88 billion. 
• Equity Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQBK#NYSE">EQBK</a>) is estimated to report quarterly earnings at $0.91 per share on revenue of $55.96 million. 
• RLI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) is expected to report quarterly earnings at $1.04 per share on revenue of $435.02 million. 
• CACI International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CACI#NYSE">CACI</a>) is expected to report quarterly earnings at $5.23 per share on revenue of $2.02 billion. 
• Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $74.67 million. 
• Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $480.50 million. 
• National Bank Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBHC#NYSE">NBHC</a>) is likely to report quarterly earnings at $0.79 per share on revenue of $107.38 million. 
• QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is projected to report quarterly earnings at $1.73 per share on revenue of $96.56 million. 
• Cathay General (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATY#NASDAQ">CATY</a>) is projected to report quarterly earnings at $1.09 per share on revenue of $185.11 million. 
• Bankwell Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWFG#NASDAQ">BWFG</a>) is projected to report quarterly earnings at $0.65 per share on revenue of $22.12 million. 
• Third Coast Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBX#NASDAQ">TCBX</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $41.96 million. 
• Plexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) is projected to report quarterly earnings at $1.55 per share on revenue of $980.53 million. 
• Live Oak Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOB#NYSE">LOB</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $131.10 million. 
• Amerant Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTB#NYSE">AMTB</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $100.68 million. 
• Horizon Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBNC#NASDAQ">HBNC</a>) is likely to report quarterly earnings at $0.37 per share on revenue of $62.78 million. 
• Cadence Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CADE#NYSE">CADE</a>) is expected to report quarterly earnings at $0.68 per share on revenue of $457.77 million. 
• Colony Bankcorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBAN#NYSE">CBAN</a>) is projected to report quarterly earnings at $0.34 per share on revenue of $28.90 million. 
• Banner (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANR#NASDAQ">BANR</a>) is estimated to report quarterly earnings at $1.21 per share on revenue of $156.09 million. 
• Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) is projected to report quarterly earnings at $0.91 per share on revenue of $3.29 billion. 
• Discover Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) is estimated to report quarterly earnings at $3.26 per share on revenue of $4.39 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

ALLY

AMTB

BANR

BWFG

CACI

CADE

CATY

CBAN

CBSH

EGBN

EQBK

HBNC

INBK

NBHC

NVEC

OSBC

PLXS

QCRH

STLD

TCBX

TFIN

UVSP

WSBC

Earnings Scheduled For January 22, 2025

The CNN Money Fear and Greed index showed further improvement in overall market sentiment, but the index remained in the &#8220;Fear&#8221; zone on Tuesday.
U.S. stocks settled higher on Tuesday, with the Dow Jones index gaining more than 500 points during the session as investors bet on more domestic-friendly policies following Donald Trump&#8217;s inauguration on Jan. 20 as the 47th U.S. President.
All three major indices also recorded their first weekly gain of 2025. The Dow jumped 3.7%, while the S&amp;P 500 added 2.9% last week. The Nasdaq, meanwhile, surged 2.5% during the week to notch its strongest weekly performance since December.
D.R. Horton Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) reported better-than-expected first-quarter results. 3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) reported upbeat fourth-quarter 2024 results and initiated 2025 guidance.
Most sectors on the S&amp;P 500 closed on a positive note, with industrials, real estate, and health care stocks recording gains on Tuesday. However, energy stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 538 points to 44,025.81 on Tuesday. The S&amp;P 500 rose 0.88% to 6,049.24, while the Nasdaq Composite climbed 0.64% at 19,756.78 during Tuesday's session.
Investors are awaiting earnings results from Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>), The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), and Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 40.8, the index remained in the &#8220;Fear&#8221; zone on Tuesday, versus a prior reading of 37.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

Dow Jumps Over 500 Points As Trump Takes Office: Investor Sentiment Improves, But Greed Index Remains In 'Fear' Zone

Hal Sperlich, the automotive genius behind the <a href="https://www.benzinga.com/news/24/04/38285214/fords-mustang-gallops-into-60th-year-still-a-pony-with-plenty-of-kick">Ford Mustang</a>, passed away on Monday at 95. 
What Happened: Sperlich is best known as the chief architect behind the Ford Mustang and the Chrysler minivan. A Detroit and Saginaw native, Sperlich trained to be an engineer at the University of Michigan. He joined Ford in 1957 as a product planner and went on to develop the Mustang.
After leaving Ford, Sperlich joined Chrysler in 1977 and directed the company&#8217;s engineering personnel to develop a front-wheel-drive platform that became the &#8220;K-Car&#8221; which later gave rise to the company&#8217;s minivans. He was inducted into the Automotive Hall of Fame in 2009.
The news of his passing was first<a href="https://www.autonews.com/executives/an-obituary-hal-sperlich/"> reported</a> by Automotive News.
Ford CEO Responds: Ford CEO Jim Farley expressed his condolences on Tuesday in a post on social media platform X. 
&#8220;We lost a product visionary in Hal Sperlich. He was also a friend and mentor to me, and many others.&nbsp; Hal was a dare-to-be-different product planner who had vision, passion and knowledge of a customers' wants and needs,&#8221; Farley said. The CEO noted that Sperlich was behind the Ford Fiesta in addition to <a href="https://www.benzinga.com/25/01/42938610/ford-sold-more-electric-mustangs-than-gas-mustangs-in-2024">the Mustang.</a>
&#8220;He didn't play it safe, and he was always focused on the whitespace&nbsp;and improving the company's capability.&nbsp;There are a lot of people who make great cars but so few who invent segments like Hal did with the Ford Mustang and later the Fiesta,&#8221; Farley said. &#8220;Our hearts go out to his family and friends.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We lost a product visionary in Hal Sperlich. He was also a friend and mentor to me, and many others.  Hal was a dare-to-be-different product planner who had vision, passion and knowledge of a customers' wants and needs. He didn't play it safe, and he was always focused on the… <a href="https://t.co/Gmh4Q1RU3f">https://t.co/Gmh4Q1RU3f</a>
&mdash; Jim Farley (@jimfarley98) <a href="https://twitter.com/jimfarley98/status/1881820033632137417?ref_src=twsrc%5Etfw">January 21, 2025</a></blockquote>
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</figure>
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43090016/which-evs-might-lose-7500-ev-tax-credit-under-trump-administration" target="_blank" rel="noreferrer noopener">Here Are The EVs Which Could Lose $7,500 EV Tax Credit Under Trump Administration</a></li>
</ul>
Photo courtesy: Ford

Ford Mustang Architect Hal Sperlich Dies At 95: 'Lot Of People Who Make Great Cars But So Few Who Invent Segments Like Hal Did,' Says Jim Farley

For the quarter ending 31 December 2024, BW Product Services reported an estimated gross profit of approximately USD 14 million. This gross profit primarily stems from a USD 58 million gain from realised trading positions, which was partially offset by an unrealised negative movement of USD 44 million due to the change in mark-to-market value of our open cargo contracts and hedging transactions.
After general and administrative expenses and income taxes, BW Product Services reported an estimated net profit of approximately USD 3 million for the quarter. The reported net profit includes accruals for personnel costs which may change subject to board approvals.

BWLP

BW LPG's Product Services Segment Delivers $58M In Realised Gains, Achieving $3M Net Profit In Q4 2024

A trader&#8217;s actions planted doubts on Tuesday after they bought over $5 million worth of Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) memecoin at the bottom just minutes after President Donald Trump said he knows little about it.
What Happened: In an X post, capital markets commentator The Kobeissi Letter drew attention to suspicious dealings shortly after Trump made his first public statement on his official coin.
The post noted that TRUMP fell over 33% three minutes after Trump&#8217;s remarks. At the exact bottom, a wallet scooped $5.09 million of the coin, which The Kobeissi Letter deemed as &#8220;one of the biggest single purchases&#8221; since the coin&#8217;s launch.
The subsequent purchase led to a quick recovery in the coin&#8217;s value, netting the trader $2.4 million in profits in just 14 minutes later. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is unusual: At 6:00 PM ET, President Trump says &quot;I don&#39;t know very much about it&quot; regarding his memecoin, <a href="https://twitter.com/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TRUMP</a>. 3 minutes later, at 6:03 PM ET, <a href="https://twitter.com/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TRUMP</a> fell over -33% and a wallet purchased $5.09 MILLION worth of it at the EXACT bottom. This is one of the biggest single… <a href="https://t.co/N1d7opCuga">https://t.co/N1d7opCuga</a> <a href="https://t.co/t5SSu7a1bI">pic.twitter.com/t5SSu7a1bI</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1881844856039125287?ref_src=twsrc%5Etfw">January 21, 2025</a></blockquote>
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</figure>
The Kobeissi Letter called this development unusual. &#8220;Did someone know?&#8221; it said, alluding to insider training.
The findings were <a href="https://dexscreener.com/solana/a8nphpcjqtqhdquk35uj9hy2ysgxfkczgunwvkd3k7vc">drawn </a>from analytics platform DEX Screener and independently verified by Benzinga. The team behind Trump&#8217;s memecoin didn&#8217;t immediately return a request for comment.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/01/43087038/trump-names-uyeda-acting-sec-chair-as-crypto-regulations-get-set-for-a-makeover">Trump Names Uyeda Acting SEC Chair, Regulators Get Ready For Crypto Makeover</a>
Why It Matters: Trump <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43118779/trump-memecoin-regains-momentum-rallies-22-as-the-president-calls-billions-earned-through-the-venture-as-peanuts">appeared nonchalant </a>when he was asked about the Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based memecoin&nbsp;during his first White House news conference.
"I&nbsp;don't&nbsp;know much about it other&nbsp;than I launched it. I&nbsp;heard it was very successful. I haven't&nbsp;checked where is it&nbsp;today,&#8221; he said.
However, when a journalist suggested that Trump had made "several billion dollars" from the venture, the president called it &#8220;peanuts.&#8221;
According to the coin's official website, entities linked to Trump&#8217;s family-owned conglomerate, The&nbsp;Trump Organization, <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43080060/donald-trump-and-melania-memecoins-combined-market-value-is-now-higher-than-that-of-warren-buffetts-hot-pick">control </a>80% of the coin&#8217;s supply. 
Price Action: At the time of writing, TRUMP was exchanging hands at $43.13, surging 20.53% in the last 24 hours, according to&nbsp;DEX Screener.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43086309/trumps-doge-committee-faces-lawsuit-over-alleged-federal-advisory-violations-and-lack-of-transparency">Trump&#8217;s DOGE Committee Faces Lawsuits Over Alleged Federal Advisory Violations, Lack Of Transparency</a></li>
</ul>
Image via Shutterstock

$SOL

$TRUMP

Whale Investor Snaps Up $5 Million In Official Trump Coin Minutes After President Says, 'I Don't Know Much About It,' Marking One Of The Largest Purchases Since Launch

<ul>
<li>First set of abstracts released include Signatera&#x2122; data from BESPOKE CRC, the largest prospective, observational, multicenter MRD study in the U.S. to date, along with the first read-outs in early cancer detection and tissue-free MRD</li>
<li>Additional Signatera data will be shared at ASCO GI on Jan. 25, 2025, including a late-breaking oral presentation on the CALGB (Alliance) / SWOG 80702 study</li>
</ul>

NTRA

Reported Earlier, Natera To Reveal New Insights On Signatera's Clinical Utility And Innovations In Tissue-Free MRD At ASCO GI 2025

Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $1.25 by 1.6 percent. This is a 14.41 percent increase over earnings of $1.11 per share from the same period last year. The company reported quarterly sales of $49.534 million which beat the analyst consensus estimate of $47.955 million by 3.29 percent. This is a 9.72 percent increase over sales of $45.147 million the same period last year.

Earnings Beats

GSBC

Great Southern Bancorp Q4 2024 GAAP EPS $1.27 Beats $1.25 Estimate, Sales $49.534M Beat $47.955M Estimate

Since last quarter and through today, the Company has executed 650,000 square feet of leasing activity throughout its portfolio, underscoring the strength of Brandywine's core portfolio while demonstrating continued progress executing leases within its development pipeline. The fourth quarter leasing activity was the highest in 2024 and 18% higher than the fourth quarter of 2023. The weighted average lease term for the quarter was 9.4 years with total leasing activity for 2024 at 2.2 million square feet.

Reported Earlier, Brandywine Realty Trust Reports Strong Leasing Momentum With 650,000 Square Feet Leased In Q4 2024

SPHR

Reported Earlier, MSG Networks Seeks Neutral Arbitration To Restore Knicks, Rangers, Devils, And Islanders Coverage For Optimum Subscribers

HSDT

Reported Earlier, Helius Medical Technologies Executes Warrant Exercise Agreements For $3.7M Gross Proceeds, Introduces New Warrants

In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 shares of common stock at the initial public offering price, representing 15% of the Shares sold in the Offering, less underwriting discounts and commissions, to cover over-allotments. The Offering is expected to close on or about January 23, 2025, subject to satisfaction of customary closing conditions.
The Company's common stock is expected to begin trading on the NYSE American on January 22, 2025, under the symbol "TOPP."&nbsp;

IPOs

TOPP

Reported Earlier, Toppoint Prices $10M Initial Public Offering Of 2.5M Common Shares At $4/Share

Production
<ul>
<li>Woodside's full-year 2025 production guidance is 186 – 196 MMboe (510 – 537 Mboe/day). This excludes volumes from Beaumont New Ammonia.</li>
<li>The approximate split by product type is:</li>
</ul>
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">LNG</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">~40%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Pipeline gas</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">~20%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Crude and condensate</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">~35%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Natural gas liquids</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">~5%</td>
</tr>
</tbody>
</table>
</figure>

Guidance

Woodside Provides 2025 Guidance: Sees 186–196 MMboe Production And $4.5B–5B Capex Allocation

Operations
<ul>
<li>Outstanding production from Sangomar with 75 Mboe/day produced in the quarter, driving record full-year production of 194 MMboe (530 Mboe/day), at the top end of the 2024 full-year production guidance range.</li>
<li>Quarterly production of 51.4 MMboe. (559 Mboe/day), down 3% from Q3 2024 due to lower seasonal demand at Bass Strait and an unplanned shutdown at Pluto, partly offset by increased production at Sangomar.</li>
<li>Quarterly revenue of $3,470 million, down 6% from Q3 2024 primarily due to lower seasonal demand at Bass Strait, partly offset by higher third-party LNG trades.</li>
<li>Sold 33.6% of produced LNG at prices linked to gas hub indices in the quarter (12.8% of total equity production), realising a 31% premium compared to oil-linked pricing.</li>
</ul>
Projects
<ul>
<li>The Scarborough Energy project was 78% complete at the end of the quarter, with the final Pluto Train 2 modules arriving at the Pluto LNG site in December. The project remains on target for first LNG cargo in 2026.</li>
<li>The Trion project was 20% complete at the end of the quarter, with construction of the floating production unit commencing in November. First oil is targeted for 2028.</li>
<li>Continued construction of the Beaumont New Ammonia project with Phase 1 of the project on track for start up in the second half of 2025.</li>
</ul>

Reported Earlier, Woodside Energy Q4 Revenue $3.47B Up From $3.355B YoY

USA Networks

By Tezcan&nbsp;Gecgil

When economies get rolling, energy stocks typically benefit. The energy sector is broad-based, with a range of companies supplying energy for the economy to function. On the commodity front, oil also gets increased investor attention.

According to BP (NYSE:<a class="ticker" href="/stock/BP#NYSE">BP</a>), in the past quarters, &quot;China was by far the biggest individual driver of primary energy growth, accounting for more than three quarters of net global growth. India and Indonesia were the next largest contributors, while the U.S. and Germany posted the largest declines in energy terms.&quot;

When it comes to energy stocks, most people think of oil companies, whose fortunes are typically tied to the price of crude oil and thus supply and demand dynamics. Analysts usually discuss prices of the global benchmark Brent crude and the U.S. benchmark, West Texas Intermediate (WTI). Brent is currently over $64 and WTI is about $61.

The early part of 2020 was one of the worst periods in history for many energy stocks, especially for oil and gas firms. Shares of oil majors like Chevron (NYSE:<a class="ticker" href="/stock/CVX#NYSE">CVX</a>), ExxonMobil (NYSE:<a class="ticker" href="/stock/XOM#NYSE">XOM</a>) and BP declined considerably. A large number of firms also cut their dividends in an effort to improve their balance sheets and cash positions.

But since the lows seen in the spring of 2020, the outlook for the industry has improved. Over the past 12 months, the Dow Jones Oil &amp; Gas index has returned about 8%. That momentum could continue, especially if global economies continue growing as expected through the coming years.Despite the dominance of oil and gas companies in the energy sector, recent years have seen big growth in the alternative energy space. As sources of energy continue to evolve, investors are scrambling to choose clean energy stocks that will generate robust returns from the future trends in the industry. Finally, public utilities can also be included within the energy sector.

With that information, here are seven energy stocks to research further:

Baker Hughes (BKR)

52-Week range: $9.12 - $25.64 
Dividend yield: 2.94%

Houston, Texas-based Baker Hughes is an oilfield services company. Such <a href="https://mercercapital.com/energyvaluationinsights/what-is-an-oilfield-service-company/#:~:text=In%20general%20these%20companies%20are,in%20oil%20extraction%20and%20transportation.">businesses</a> are &quot;engaged in the manufacturing, repair and maintenance of equipment used in oil extraction and transportation.&quot;

Baker Hughes reported <a href="https://investors.bakerhughes.com/news-releases/news-release-details/baker-hughes-company-announces-fourth-quarter-and-total-year-0">fourth quarter and 2020 fiscal year results</a> on Jan. 21. Revenue was $5.5 billion, down 13% year-over-year (YoY), while adjusted net loss was $50 million, compared to adjusted net earnings of $179 million in the prior year period. Adjusted diluted loss per share was $0.07, compared to adjusted diluted earnings per share of$0.27&nbsp;a year ago. Free cash flow for the quarter was $250 million, down 76% YoY from $1.1 billion.

CEO Lorenzo Simonelli said:

&ldquo;Despite an incredibly challenging year for the industry in 2020, we generated over $500 million in free cash flow, booked $6.4 billion in TPS orders and executed on our substantial cost-out and restructuring program. We also took several important steps to accelerate our strategy and invest in energy transition technologies, helping to position the company for the future.&rdquo;

Over the past year, BKR stock is up about 45%. Forward P/E and P/S ratios are 37.74 and 0.80, respectively. Given the recent increase in the share price, some investors are likely to take profits.

Cheniere Energy (LNG)

52-Week range: $27.06 - $71.50 
Dividend yield: N/A

Cheniere Energy is the largest producer of liquefied natural gas (LNG)&nbsp; in the world. It owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners (NYSE:<a class="ticker" href="/stock/CQP#NYSE">CQP</a>). According to the U.S. <a href="https://www.eia.gov/energyexplained/natural-gas/natural-gas-and-the-environment.php#:~:text=Natural%20gas%20is%20a%20relatively,an%20equal%20amount%20of%20energy.">Energy Information Administration</a> (EIA), &quot;Natural gas has many qualities that make it an efficient, relatively clean burning and economical energy source.&quot;

Cheniere Energy reported <a href="https://lngir.cheniere.com/news-events/press-releases/detail/213/cheniere-reports-fourth-quarter-and-full-year-2020-results">fourth quarter and full year results</a> on Feb. 24. Revenue was $2.8 billion, a 7% YoY decline. GAAP net loss stood at $194 million, compared to net income of $939 million in the prior year period. Net loss per share was $0.77.

&ldquo;I am extremely proud to report fourth quarter and full year 2020 financial results that place us solidly within our original, unchanged Consolidated Adjusted EBITDA guidance range and above our Distributable Cash Flow guidance range for the year,&rdquo; said Jack Fusco, Cheniere&rsquo;s CEO. &ldquo;The results we reported today once again prove the resilience, stability and reliability of our business through commodity cycles.&rdquo;

Over the past 52 weeks, shares have returned over 35%. LNG stock&#39;s forward P/E and P/S ratios are 19.46 and 1.82, respectively. In the short-run, some profit-taking is possible. A potential decline toward the $65 level or below would improve the margin of safety.

In the long-run, however, this company is likely to do well. As natural gas is not a highly carbon-intensive fossil fuel, companies like Cheniere get attention from investors interested in clean energy sources too. Plus the market for natural gas has been resilient during the pandemic. Given its wide moat in the sector, the group can continue creating shareholder value for many quarters to come.

NextEra Energy (NEE)

52-Week range: $43.70 - $87.69 
Dividend yield: 2.1%

Juno Beach, Florida-based NextEra Energy is one of the largest U.S. utility companies by market capitalization. That market cap currently stands at $141 billion. The group operates electric power companies in North America.

In addition, through subsidiary NextEra Energy Resources, it generates renewable energy from the wind and sun. Its energy generation capacity includes natural gas, nuclear, wind, and solar assets. It is in fact one of the largest wind and solar operators.&nbsp;

NextEra Energy reported <a href="http://www.investor.nexteraenergy.com/~/media/Files/N/NEE-IR/reports-and-fillings/quarterly-earnings/2020/Q4/2021-0126%2520News%2520Release%2520-%2520NEE%2520Q4-FY%25202020%2520Financial%2520Results%2520Final.pdf">fourth quarter and full year results</a> in late January. Revenue was $4.40 billion, compared to $4.59 billion in the prior year quarter. On an adjusted basis, NextEra Energy&#39;s fourth-quarter earnings were $785 million. A year ago, the same metrics had been $706 million, or $0.36&nbsp;per share.

&quot;NextEra Energy&#39;s performance in 2020 was strong both financially and operationally,&quot; said Jim Robo, chief executive officer of NextEra Energy. &quot;We achieved approximately 10.5% growth in adjusted earnings per share YoY and delivered a total shareholder return of approximately 30%, significantly outperforming both the S&amp;P 500 and the S&amp;P 500 Utilities Index.&rdquo;

Since early March 2020, the stock has returned about 9%. NEE stock&#39;s forward P/E and P/S ratios stand at 29.24 and 8.04 respectively, pointing to an overstretched valuation level. Investors could possibly wait for a pullback toward the $65 level before initiating a position in the stock.

Pacer American Energy Independence ETF (NYSE:<a class="ticker" href="/stock/USAI#NYSE">USAI</a>)

52-Week range: $8.25 - 21.29 
Dividend yield: 6.83% 
Expense ratio: 0.75% per year

Our next choice is an exchange-traded fund. The Pacer American Energy Independence ETF gives access to U.S. and Canadian businesses focusing on midstream energy infrastructure activities.

Midstream energy infrastructure companies usually operate under a &rdquo;toll-based&rdquo; business model. Revenues depend on each unit of transport volume. Therefore, not only the price but demand for oil becomes crucial. If upstream businesses stopped production due to declines in prices or demand, then the transportation of oil by midstream companies becomes unnecessary.

USAI, which tracks the returns of the American Energy Independence Index, holds 34 stocks. It started trading in December 2017. As net assets are about $16.8 million, it is still a small fund. More than 60% of the fund is in the top ten names. Oneok (NYSE:<a class="ticker" href="/stock/OKE#NYSE">OKE</a>), Williams Companies (NYSE:<a class="ticker" href="/stock/WMB#NYSE">WMB</a>) and Enterprise Products Partners (NYSE:<a class="ticker" href="/stock/EPD#NYSE">EPD</a>) lead the roster.

The ETF is up about 8% in the past year. If you believe midstream companies are likely to benefit from a potential increase in oil demand in the coming quarters, you should consider buying the dips.

Renewable Energy Group (REGI)

52-Week range: $16.05 - $117.00 
Dividend yield: N/A

Iowa-based Renewable Energy Group is focused on providing cleaner, lower carbon intensity products and services. REGI is one of the largest renewable and bio-diesel producers in North America. Its operations include acquiring feedstock, operating biorefineries and marketing and distributing renewable fuels.&nbsp;

Renewable Energy Group released <a href="https://investor.regi.com/news-events/press-releases/detail/259/renewable-energy-group-reports-fourth-quarter-and-full-year">fourth quarter and full year results</a> on Feb. 25. Revenues decreased to $548 million, a 45.3% decline YoY. The drop came as a result of the GAAP recognition of previous biodiesel mixture excise tax credits (BTC) net benefit to revenue. GAAP net income was $27 million, or $0.60 per diluted share, compared to $476 million, or $11.15 per diluted share, in the prior year quarter. At the end of 2020, cash and equivalents stood at $358 million.&nbsp;

CEO Cynthia Warner cited, &quot;REG&rsquo;s resilient business model enabled us to deliver strong financial results, with $120 million of net income from continuing operations&quot; for the fiscal year.

Over the past year, REGI stock is up over 180%. Forward P/E and P/S ratios stand at 17.33 and 1.37, respectively. Future weeks could see profit-taking in the shares. Those investors who expect robust growth prospects in the biofuel space could consider buying the dips, especially around $70.

VanEck Vectors Oil Refiners ETF (CRAK)

52-Week range: $13.80 - $29.91 
Dividend yield: 2.32% 
Expense ratio: 0.75% per year

The VanEck Vectors Oil Refiners ETF provides exposure to global firms involved in crude oil refining. The fund started trading in August 2015 and net assets stand at $20 million.

&quot;In the petroleum industry, refinery executives are most concerned about hedging the difference between their input costs and output prices. Refiners&rsquo; profits are tied directly to the spread, or difference, between the price of crude oil and the prices of refined products &mdash; gasoline and distillates (diesel and jet fuel). This spread is referred to as a crack spread.&quot;

CRAK, which tracks the MVIS Global Oil Refiners Index, has 25 holdings. The top ten businesses make up over 62% of funds. From a geographic point of view, companies from the U.S. top the list with 23.11%. Next in line are Japan (13.18%), South Korea (9.24%), Finland (7.95%) and India (7.17%).

Finland-headquartered refiner Neste Oyj (OTC:<a class="ticker" href="/stock/NTOIY#OTC">NTOIY</a>), South Korean SK Innovation and Indian energy giant Reliance Industries (OTC:<a class="ticker" href="/stock/RLNIY#OTC">RLNIY</a>) are at the top of the roster. Over the past year, CRAK is up by 24%. Investing in CRAK means a bet on the profitability of global refineries in the coming quarters.

Vanguard Energy ETF (VDE)

52-Week range: $30.03 - $70.61 
Dividend yield: 3.58% 
Expense ratio: 0.1% per year

Our last pick is also an ETF, namely the Vanguard Energy Index Fund. It invests in businesses that focus on the exploration and production of energy products, including oil, natural gas and coal. The fund started trading in September 2004 and has net assets of $4.4 billion.

VDE, which holds 99 stocks, tracks the returns of the MSCI US Investable Market Energy 25/50. As far as industries are concerned, funds are distributed among Integrated Oil &amp; Gas (42.9%), Oil &amp; Gas Exploration &amp; Production (22.9%) and Oil &amp; Gas Storage &amp; Transportation (11.9%).

Exxon Mobil, Chevron and ConocoPhillips (NYSE:<a class="ticker" href="/stock/COP#NYSE">COP</a>) are the top holdings in the fund. In the past year, VDE is up over 12%. Investors could consider buying the ETF, especially if there is a decline toward $65.

On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Tezcan&nbsp;Gecgil&nbsp;has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation.

<a href="http://Benzinga.com">Benzinga</a>&#39;s Related Links:

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Don't Miss These Energy Stocks In 2021

The energy sector has been an impressive redemption story this year. After ranking as the S&amp;P 500&#39;s worst-performing sector last year, energy is on a roll this year, with the S&amp;P 500 Energy Index up 15.69 percent.

Some overlooked energy exchange traded funds are delivering better returns than their traditional counterparts.

<h3>What Happened</h3>

Among the outperforming energy ETFs: the American Energy Independence ETF (NYSE:<a class="ticker" href="/stock/USAI#NYSE">USAI</a>). USAI, which debuted in December 2017, is not the run-of-the-mill, equity-based energy ETF.

Rather than focusing on integrated oil companies or exploration and production firms, USAI is heavily allocated to energy infrastructure companies.

&ldquo;USAI provides exposure to the support systems that sit between the wellhead and the customer, which are critical to harnessing these important resources,&rdquo; <a href="https://www.usaietf.com/usai">according to the issuer</a>. &ldquo;The American Energy Independence ETF&nbsp;provides exposure to the infrastructure that moves these growing energy supplies to market.&rdquo;

<h3>Why It&#39;s Important</h3>

Home to $23.2&nbsp;million in assets under management, USAI is a small energy ETF, but data suggest investors are starting to embrace this unique energy fund. Year-to-date, USAI has seen inflows of $13.56 million. Importantly, nearly $11 million of that total has flowed into the fund just this month, meaning USAI has almost doubled in size since the start of March.

The ETF follows the American Energy Independence Index, which includes U.S. and Canadian master limited partnerships&nbsp;and general partners.

&ldquo;Growing production of crude oil, natural gas and natural gas liquids is increasing the need for new infrastructure to move, process and store this output,&rdquo; according to USAI&#39;s issuer.

Thanks in large part to the boom in the Permian Basin in New Mexico and West Texas, U.S. oil output is near&nbsp;all-time highs and the country is now one of the world&#39;s largest oil producers.

<h3>What&#39;s Next</h3>

With its focus on energy infrastructure names, USAI could lure income investors, as MLPs and related entities typically feature significantly higher dividend yields than basic energy stocks. USAI&#39;s dividend yield of 4.78 percent is 160 basis points higher than the comparable yield on the Energy Select Sector Index.

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Thanks to the shale boom, the U.S. is major player on the global energy stage. By some accounts, the U.S. is now a net oil exporter. Investors can celebrate that new found energy independence with a new exchange traded fund, the American Energy Independence ETF (NYSE:<a class="ticker" href="/stock/USAI#NYSE">USAI</a>).
The American Energy Independence ETF debuted Thursday courtesy of SL Advisors. USAI is the firm&#39;s first ETF. The new ETF tracks an index developed by SL Advisors.
&ldquo;Our energy infrastructure exchange traded fund seeks to track the American Energy Independence Index,&rdquo; <a href="http://www.sl-advisors.com/">said SL Advisors</a>. &ldquo;Growing production of crude oil, natural gas and natural gas liquids is increasing the need for new infrastructure to move, process and store this output. We anticipate that as the U.S. becomes ever more energy independent, North American infrastructure businesses should benefit.&rdquo;
<h3>
	More About USAI&#39;s Index</h3>
USAI follows the American Energy Independence Index. That benchmark holds U.S.- and Canada-based energy infrastructure companies, including master limited partnerships and general partnerships.
The index is home to 28 stocks with a median market value of $7.4 billion. The top 10 holdings combine for 64.5 percent of the benchmark&#39;s weight, <a href="http://americanenergyindices.com/the-index">according to issuer data</a>.
&ldquo;USAI provides exposure to the support systems that sit between the wellhead and the customer, which are critical to harnessing these important resources,&rdquo; according to SL Advisors. &ldquo;The American Energy Independence ETF (USAI) provides exposure to the infrastructure that moves these growing energy supplies to market.&rdquo;
<h3>
	Yield Play</h3>
Income investors are often fans of MLPs due to the asset class having high dividend yields compared to traditional integrated oil firms. Additionally, MLPs historically aren&#39;t highly correlated to oil prices. However, that isn&#39;t a guarantee of downside protection when oil prices or the broader energy sector struggle.
Energy is the worst-performing group in the S&amp;P 500 this year, but the Energy Select Sector SPDR (NYSE:<a class="ticker" href="/stock/XLE#NYSE">XLE</a>) is down about 7 percent, just half as bad as the decline for the Alerian MLP Infrastructure Index.
USAI looks to keep its MLP holdings to below 25 percent of the overall portfolio. MLP ETFs that exceed that number are no long registered investment company compliant and risk putting investors in position for significant tax bills, which drive the total cost of fund ownership higher.
USAI charges 0.75 percent per year, or $75 on a $10,000 investment.
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