iShares U.S. Oil & Gas Exploration & Production ETF (IEO)
| Assets | $458.19M |
| Expense Ratio | 0.38% |
| PE Ratio | 13.88 |
| Shares Out | 4.50M |
| Dividend (ttm) | $2.33 |
| Dividend Yield | 2.37% |
| Ex-Dividend Date | Dec 16, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 32.95% |
| Volume | 133,787 |
| Open | 97.37 |
| Previous Close | 97.52 |
| Day's Range | 96.28 - 98.27 |
| 52-Week Low | 73.17 |
| 52-Week High | 100.06 |
| Beta | 0.60 |
| Holdings | 50 |
| Inception Date | May 1, 2006 |
About IEO
Fund Home PageThe iShares U.S. Oil & Gas Exploration & Production ETF (IEO) is an exchange-traded fund that mostly invests in energy equity. The fund tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones. IEO was launched on May 1, 2006 and is issued by BlackRock.
Top 10 Holdings
70.84% of assets| Name | Symbol | Weight |
|---|---|---|
| ConocoPhillips | COP | 19.65% |
| EOG Resources, Inc. | EOG | 9.41% |
| Phillips 66 | PSX | 8.98% |
| Marathon Petroleum Corporation | MPC | 6.60% |
| Devon Energy Corporation | DVN | 4.58% |
| Valero Energy Corporation | VLO | 4.56% |
| Diamondback Energy, Inc. | FANG | 4.48% |
| EQT Corporation | EQT | 4.33% |
| Expand Energy Corporation | EXE | 4.14% |
| Coterra Energy Inc. | CTRA | 4.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.636 | Dec 19, 2025 |
| Sep 16, 2025 | $0.63741 | Sep 19, 2025 |
| Jun 16, 2025 | $0.5258 | Jun 20, 2025 |
| Mar 18, 2025 | $0.53343 | Mar 21, 2025 |
| Dec 17, 2024 | $0.52693 | Dec 20, 2024 |
| Sep 25, 2024 | $0.72699 | Sep 30, 2024 |
Performance
IEO had a total return of 6.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.00%.
News
OPEC+ to keep oil output unchanged as Iran tensions boost prices
The meeting of eight OPEC+ members comes as Brent crude closed near $70 a barrel on Friday, close to the six-month high of $71.89 it hit on Thursday, despite speculation that a supply glut in 2026 wou...
OPEC+ agrees in principle to keep planned pause in oil output hikes for March, sources say
Eight OPEC+ countries have agreed in principle to maintain a planned pause in their oil output hikes for March, according to three OPEC+ sources and a draft statement seen by Reuters ahead of their Su...
OPEC+ set to keep planned oil output pause for March as prices jump, sources say
OPEC+ is likely to keep its planned pause on oil output increases for March when it meets later on Sunday, three OPEC+ delegates told Reuters, even after crude prices hit six-month highs on concern th...
US pitches Venezuelan crude to India as its Russian oil imports slow, sources say
The United States, which imposed tariffs on India last year for buying Venezuelan oil, has told Delhi it can resume those purchases soon to help replace imports of Russian oil, three sources familiar ...
Oil prices unexpectedly score first monthly gain in half a year. So what's the next move for OPEC+?
The group of major oil producers known as OPEC+ will have to take oil flow uncertainty and an expected global supply surplus into account when they meet this weekend to discuss production targets.
Oil market would be concerned with broader conflict in Iran, says RBC's Helima Croft
Helima Croft, RBC global head of commodity strategy, joins 'Power Lunch' to discuss the price of oil, the geopolitics around the commodity and much more.
Oil News: Will Supply Shock Spike Crude Oil Above $66.49 Resistance?
Crude oil needs Iran supply shock to break resistance, Reuters columnist says. Technical setup suggests market anticipates production disruption with breakout over $66.49.
Escalation in US-Iran tensions could push oil market prices to triple digits, expert says
Dan Pickering, founder and CIO of Pickering Energy Partners, talks oil markets amid US-Iran tensions, saying prices could reach triple digits if there is significant escalation in the region.
Oil forceast to hover near $60/bbl, as oversupply outweighs geopolitical risks
Oil prices are likely to hold near the $60 a barrel mark this year, as the prospect of oversupply in the market offsets the impact of geopolitical tensions that could disrupt cargoes, a Reuters poll s...
China's CNPC set to restart Dalian refinery to process Russian oil
Chinese state oil firm CNPC plans to restart a unit at its refinery in the northeastern city of Dalian, months after closing it, as it pursues big margins from processing discounted Russian oil, sourc...
OPEC+ set to keep oil production pause for March as prices jump, sources say
OPEC+ is likely to keep its pause on oil output increases for March when it meets on Sunday, five delegates told Reuters, even as crude climbs above $70 a barrel on concern the U.S. could launch a mil...
Natural Gas and Oil Forecast: Pullback or Launchpad? Energy Markets Face a Crucial Test
Natural gas and oil prices pull back near key support as geopolitical risks, supply disruptions, and technical levels shape the next energy market move.
Oil falls as Trump signals dialogue with Iran over nuclear programme
Oil prices slipped on Friday on signs the U.S. may engage in dialogue with Iran over its nuclear programme, reducing concerns of supply disruptions from a U.S. attack, though prices were on track for ...
Oil is picking up gains as President Trump hardened his tone against Iran.
Oil is picking up gains as President Trump hardened his tone against Iran.
Sweeping oil reform in Venezuela approved, operators expected to gain autonomy
Lawmakers approved in a final vote on Thursday a sweeping reform of Venezuela's main oil law after sweetening a proposal by interim President Delcy Rodriguez to lower taxes, expand the oil ministry's ...
US eases sanctions on Venezuelan oil industry
The Trump administration on Thursday eased some sanctions on the Venezuelan oil industry as it seeks to expand production there after U.S. forces ousted the South American country's President Nicolas ...
US government shutdown looms, oil prices surge on Trump's Iran threats
Market Domination Overtime anchor Josh Lipton breaks down the latest market news for January 29, 2026. US lawmakers continue their negotiations as the Friday deadline to avert another government shutd...
US lawmaker asks Vitol, Trafigura about Venezuela oil deals
The top Democrat on a U.S. House investigative committee on Thursday asked global trading houses Vitol and Trafigura about any correspondence with the Trump administration before the U.S. capture of V...
KG: MSFT "Light Revenue" Role in Market Downturn, Crude Oil Catches Rally
The start of Thursday's session took a sharp downswing as Microsoft (MSFT) drags down Big Tech following the first round of Mag 7 earnings. Kevin Green talks about the divergence between Microsoft and...
U.S. oil prices surge by nearly 5% on bets that U.S. strike on Iran is imminent
Oil prices rallied Thursday by nearly 5%, with the global benchmark touching its highest level since July as tensions between the U.S. and Iran worsened, raising concerns over disruptions to the globa...
Crude Oil Price Analysis – Crude Oil Continues to Rally on Thursday
Crude oil markets continue to see buyers, as we are trying to price in geopolitical concerns, with a strike against Iran being possible. Because of this, the supply and demand situation is being ignor...
Brent crude surges past $70 for first time since September on geopolitical risks
Oil prices extended their gains on Thursday on the back of simmering geopolitical tensions and concerns about the loss of supply. Concerns about a possible US military strike on Iran, OPEC's fourth-l...
Geopolitics loom large over Big Oil earnings as investors seek Venezuela details
Exxon Mobil and Chevron executives may face more questions about their investment opportunities in Venezuela than their actual quarterly earnings when they hold calls with analysts on Friday.
Natural Gas and Oil Forecast: What's Driving Oil Toward $65 and Gas Back to $4?
Oil prices climb toward $65 while natural gas stabilizes near $4 as geopolitical tensions, a weaker dollar, and bullish technical levels fuel energy market momentum.
Saudi Arabia may set Light crude price at discount for first time since 2020
Saudi Arabia, the world's biggest oil exporter, is expected to set the March price for its flagship Arab Light crude for Asian buyers at a discount for the first time since December 2020 amid ample su...
Oil Price Forecast: Supply Drop, Fed Pause, and Venezuela Deal Drive Prices Higher
Oil prices are rising from long-term support as supply cuts, Fed policy pause, a weaker dollar, and renewed Venezuelan exports fuel bullish momentum toward the $65–$70 zone.
Brent crude tops $70 per barrel on Iran attack concerns
Brent oil futures prices jumped on Thursday, hitting a four-month high on rising concerns of the potential impact a possible U.S. military attack on Iran, OPEC's fourth-largest producer, with output...
Citi expects oil prices to stay elevated despite oversupply risks
Citi said on Wednesday that oil prices may stay elevated due to rising geopolitical risks, U.S. restrictions on Russian oil purchases and continued Chinese buying, even as markets entered the year exp...
Can Venezuela get back to producing three million barrels of crude oil a day?
Venezuela will need massive foreign investment and years of infrastructure rebuilding to lift daily crude oil output from about 800,000 barrels per day to its former peak of roughly three million. Que...
House Democrats warn oil companies of risks of Venezuela transactions
A dozen House Democrats on Wednesday sent a letter to 21 companies who attended a Jan. 9 White House meeting about developing Venezuelan oil resources, warning them that any transaction or investment ...
Oil hits 4-month high as Trump renews Iran threats, but crude's momentum may be fleeting
President Donald Trump ratcheted up pressure on Iran Wednesday, warning that a “massive armada” was headed to the Middle Eastern country and that time was running out for Tehran to reach a nuclear dea...
Crude Oil Price Analysis – Is Oil About to Make a Run?
The crude oil market is a little bit positive early during the trading session on Wednesday as investors are starting to see geopolitical and USD-related tailwinds as a real possibility.