ProShares Ultra Energy

NYSE ARCA: DIG
$47.43
+$0.13 (+0.3%)
Closing price April 24, 2024
ProShares Ultra Energy, known previously as The First Scottish American Trust PLC, is a UK-based investment fund with a long history since 1873. Managed by Aberdeen Fund Managers Limited, it focuses on investing in a variety of UK public equity markets. The fund aims to generate income by selecting dividend-paying growth stocks from diversified sectors, using a detailed analysis of each company's management, financial health, and potential for growth. It compares its performance against the FTSE All-Share Index, showcasing a broad approach to investment across all market capitalizations.
Just when it looked as if crude oil prices were going to pull back, suddenly a one-day surge has taken oil back above $60 per barrel.
One sector that had been a perpetual underperformer of the great bull market has been the energy sector. But times have changed.
They say there is an ETF for just about any investing strategy and just about any sector.  Today, there are five new ETFs hitting the market from BlackRock, Inc. (NYSE: BLK) under its iShares ETF...
After posting a three-month low last month, WTI crude oil prices have been making a comeback as the agreement on Greek debt appears to be set, which has put some strength back in the euro and...
Analyst calls are sometimes favorable and sometimes off the mark.  Still, analysts move stocks and often offer keen insight not seen elsewhere. Each week we review the major analyst calls for those...
The price of a barrel of North Sea Brent crude broke through $100 this morning, while the price of a barrel of West Texas Intermediate is hovering around $90. Does that mean that alternative energy...
Exxon Mobil Corporation (NYSE: XOM) is helping to stabilize stocks this morning after Big Oil reported its 2010 and fourth quarter earnings.  The largest fully integrated oil and gas giant in...
How big oil stocks perform in 2011 will be highly dependent on the price of crude oil. That’s not a particularly original thought, but it remains true nonetheless. The price of crude fluctuated...
Goldman Sachs periodically updates its outlook on sectors and the economy with a one to two-year horizon.  Yesterday’s upgrade of economic output in 2011 is accompanied by some interesting aspects...
Quantitative easing is forcing investors into riskier assets as Ben Bernanke and the FOMC attempt to manufacture some inflation and after the US Dollar weakness.  We are seeing big moves in gold and...
This is the peak of earnings season and the flow of earnings is coming on strong.  This week is jammed full of energy companies reporting earnings and it will be interesting to see how these...
The weekly oil inventory data from the Department of Energy is out with some very mixed data.   The headline data on crude may be a shocker, but the rest of the data is counteracting it somewhat. ...
Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts.  It looks like we have another week of rig count growth on the three major counts, a positive development for those...
The Department of Energy has just released its new weekly data on oil inventories. The headline data looks good for those wanting lower oil prices, but there is actually some very mixed data in the...
The Department of Energy has just released this week’s oil inventories data.  While there are gains almost on all counts, this may not be enough.  The key ETFs that react to the news are...