VanEck Oil Services ETF (OIH)
| Assets | $1.95B |
| Expense Ratio | 0.35% |
| PE Ratio | 19.73 |
| Shares Out | 6.00M |
| Dividend (ttm) | $4.22 |
| Dividend Yield | 1.32% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 25.97% |
| 1-Year Return | +23.48% |
| Volume | 288,183 |
| Open | 325.73 |
| Previous Close | 324.69 |
| Day's Range | 319.62 - 327.74 |
| 52-Week Low | 246.04 |
| 52-Week High | 364.08 |
| Beta | 0.81 |
| Holdings | 26 |
| Inception Date | Feb 7, 2001 |
About OIH
Fund Home PageThe VanEck Oil Services ETF (OIH) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index, a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies. OIH was launched on Feb 7, 2001 and is issued by VanEck.
Top 10 Holdings
72.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Schlumberger Limited | SLB | 18.17% |
| Halliburton Company | HAL | 10.70% |
| Baker Hughes Company | BKR | 9.28% |
| Weatherford International plc | WFRD | 5.58% |
| TechnipFMC plc | FTI | 5.24% |
| Valaris Limited | VAL | 4.80% |
| NOV Inc. | NOV | 4.68% |
| Transocean Ltd. | RIG | 4.66% |
| ChampionX Corporation | CHX | 4.62% |
| Noble Corporation | NE | 4.60% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $4.2235 | Dec 22, 2023 |
| Dec 19, 2022 | $2.8887 | Dec 23, 2022 |
| Dec 20, 2021 | $1.8075 | Dec 27, 2021 |
| Dec 21, 2020 | $1.8911 | Dec 28, 2020 |
| Dec 23, 2019 | $5.820 | Dec 30, 2019 |
| Dec 20, 2018 | $5.980 | Dec 27, 2018 |
News
Iraq is committed to OPEC's oil output cuts, minister says
Iraq is committed to voluntary oil production cuts agreed by the Organization of the Petroleum Exporting Countries (OPEC) and is keen to cooperate with member countries on efforts to achieve more stab...
Iraq won't agree to future OPEC+ oil production cuts, oil minister says
Iraq's oil minister said that Iraq has made enough voluntary oil production cuts and will not agree to any future cuts taken by the Organization of the Petroleum Exporting Countries and allies includi...
U.S. Oil Industry on the Brink of a Major Consolidation Wave- Ernie Miller
(Kitco News) - The U.S. oil industry is currently facing a significant phase of consolidation through M&A. Ernie Miller, CEO of Verde Clean Fuels and a seasoned industry analyst, pointed to recent maj...
US drillers cut oil and gas rigs for third week in a row - Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
Crude Oil Weekly Price Forecast – Crude Oil Continues to See Support
The oil market has seen a bit of buying this past week, after initially falling a bit. A this point, I suspect there is a lot of buying pressure underneath current levels.
OPEC+ Unlikely To Move On Crude Production Levels With Oil Around $85
Following a marginal recovery, oil prices are currently lurking around the $85 per barrel range, using global proxy benchmark Brent as a measuring gauge. However, that is unlikely to be enough for OPE...
Russia's refined oil product exports to Singapore to hit highest this year in May, traders say
Russia's exports of naphtha to Singapore are on track to rise to their highest level this year in May as Russian refineries recover from drone attacks, traders and analysts estimated, with the trend p...
Middle East tensions: Disruption to oil supply is unlikely at this stage, analyst says
Neil Beveridge, senior oil and gas analyst at Bernstein, discusses the tit-for-tat between Iran and Israel, and says "$80-$90 a barrel is really where fundamentals are pointing for oil right now," add...
Oil prices up on stronger Chinese data, Middle East conflict
Oil prices rose on Friday, continuing upwards trend on the signs of improving economy in China and as negotiations to halt hostilities in the stand-off between Israel and Hamas yielded no results.
Crude Oil Remains Below $80 Level
Stocks are lower ahead of Thursday's open. Bill Baruch discusses this, as well as how oil remains below the $80 level.
OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say
OPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter said, focusing instead on forecasts for demand for oil from t...
Trump vows to target electric vehicles in meeting with oil CEOS -report
Republican presidential candidate Donald Trump vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting with top U.S. oil executives, where he also asked the...
US flags environmental risks from illicit transfers of Iranian oil off Malaysia, report says
A U.S. treasury official warned of environmental risks from illicit transfers of Iranian oil off Malaysia, news portal Malaysiakini reported on Thursday, as the United States narrows its focus on fina...
Bear market for diesel spells fresh troubles for oil
Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further down...