VanEck Oil Services ETF (OIH)
| Assets | $1.95B |
| Expense Ratio | 0.35% |
| PE Ratio | 19.95 |
| Shares Out | 5.95M |
| Dividend (ttm) | $4.22 |
| Dividend Yield | 1.30% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 26.01% |
| 1-Year Return | +30.53% |
| Volume | 225,775 |
| Open | 324.15 |
| Previous Close | 324.95 |
| Day's Range | 323.85 - 326.87 |
| 52-Week Low | 246.04 |
| 52-Week High | 364.08 |
| Beta | 0.77 |
| Holdings | 27 |
| 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
72.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Schlumberger Limited | SLB | 18.15% |
| Halliburton Company | HAL | 10.69% |
| Baker Hughes Company | BKR | 9.20% |
| Weatherford International plc | WFRD | 5.52% |
| TechnipFMC plc | FTI | 5.20% |
| Valaris Limited | VAL | 4.85% |
| Transocean Ltd. | RIG | 4.75% |
| ChampionX Corporation | CHX | 4.62% |
| Noble Corporation | NE | 4.61% |
| NOV Inc. | NOV | 4.61% |
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
Saudi Arabia's Grip on Global Oil
Paul Sankey of Sankey Research looks ahead to the upcoming OPEC+ meeting and discusses the outlook for the global energy market with the US continuing to exhibit what he calls a "stunning" performance...
Oil prices rise on moderate US inflation data, strong demand
Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an inte...
Crude Oil Price Forecast – Crude Oil Continues to Grind a Bit Lower
The crude oil markets have been very sluggish as of late, and therefore I think you have to look at this point, as a spot where we could have a lot of action enter the fray.
Colombia oil output closing in on 800,000 bpd, regulator head says
Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons...
Oil Demand To Slow, Copper 'Handsomely' Outperforms Dollar | Bloomberg The Pulse 05/15/24
The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. The IEA adds that Russia's April expo...
IEA Says Global Oil Demand Growth Outlook Has Softened
The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. Toril Bosoni, head of oil markets at ...
IEA lowers 2024 oil-demand forecast
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world's large...
No secret the U.S. wants to keep a lid on oil prices in election year, analyst says
Amena Bakr, senior research analyst at Energy Intel, discusses U.S. Secretary of Energy Jennifer Granholm's Middle East visit.
See Some Room for OPEC+ to Up Oil Production in 2H24, IEA's Bosoni Says
Global oil markets face a supply deficit this quarter, in part due to output cutbacks by the OPEC+ coalition, led by Saudi Arabia, according to the IEA. Toril Bosoni, the agency's Head of Oil Market D...
Weak European Industrial Activities, Warm Weather Slow Oil Demand, IEA's Bosoni Says
The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. Toril Bosoni, IEA's Head of Oil Mark...
IEA trims 2024 oil demand growth forecast, widening gap with OPEC view
The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC regarding the outlook for global ...
Oil prices up on wildfires in Canada, US inventories drawdown expectations
Oil prices rose in early trade on Wednesday as large wildfires were threatening Canada's oil sands and as the market expected U.S. crude oil and gasoline inventories to show a drawdown later in the da...