iShares U.S. Oil & Gas Exploration & Production ETF (IEO)
| Assets | $544.52M |
| Expense Ratio | 0.38% |
| PE Ratio | 14.92 |
| Shares Out | 4.70M |
| Dividend (ttm) | $2.33 |
| Dividend Yield | 2.14% |
| Ex-Dividend Date | Jun 15, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 33.38% |
| Volume | 40,073 |
| Open | 109.75 |
| Previous Close | 110.19 |
| Day's Range | 109.05 - 110.42 |
| 52-Week Low | 85.93 |
| 52-Week High | 130.50 |
| Beta | 0.40 |
| Holdings | 49 |
| 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
74.91% of assets| Name | Symbol | Weight |
|---|---|---|
| ConocoPhillips | COP | 18.60% |
| Valero Energy Corporation | VLO | 10.20% |
| EOG Resources, Inc. | EOG | 9.69% |
| Devon Energy Corporation | DVN | 8.07% |
| Phillips 66 | PSX | 7.80% |
| Diamondback Energy, Inc. | FANG | 5.19% |
| Marathon Petroleum Corporation | MPC | 5.12% |
| EQT Corporation | EQT | 3.68% |
| Expand Energy Corporation | EXE | 3.37% |
| Texas Pacific Land Corporation | TPL | 3.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 15, 2026 | $0.50521 | Jun 18, 2026 |
| Mar 17, 2026 | $0.55268 | Mar 20, 2026 |
| 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 |
Performance
IEO had a total return of 21.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.55%.
News
UAE's post‑OPEC expansion push to lift oil output above 5 million bpd next year, IEA says
The United Arab Emirates' oil output could exceed 5 million bpd next year as it moves to expand production after its exit from OPEC, making it a major driver of non‑OPEC+ supply growth, the Internat...
Iranian oil tankers pass US blockade after US-Iran deal, data shows
At least three tankers carrying Iranian oil have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a f...
Oil Supply to Rebound Strongly After Gulf Shock But Recovery Will Take Months, IEA Says
The Gulf oil supply shock is set to drag global oil demand sharply lower before flows through Hormuz gradually normalize, with supply expected to rebound to 8 million barrels a day in 2027.
Middle East crude slips into discounts as U.S.-Iran deal lifts supply outlook
The Middle East crude market weakened sharply this week, slipping into discounts, Reuters data showed, after the United States and Iran agreed a framework deal to reopen the crucial Strait of Hormuz,...
Natural Gas and Oil Forecast: WTI Under $76 While Brent Tests $78 — NatGas Bullish Continuation?
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $68.50, Brent tests channel ...
Oil slides on Iran supply hopes; bond yields pushed lower before Warsh debut
Crude prices fell on Wednesday on news that Iranian fuel may soon hit the world's markets, bringing inflation relief and pushing bond yields lower, while stocks and currencies were quiet ahead of Kev...
Oil prices stabilise as investors weigh Iran war end, Hormuz reopening uncertainty
Oil prices edged higher in early trade on Wednesday, clawing back some of the previous session's losses, as investors assessed whether the Iran war will truly end and the Strait of Hormuz reopen.
Tuesday's Final Takeaways: SPCX Extends Post IPO Rally, Oil Falls & CVNA Expands
Marley Kayden talks about SpaceX (SPCX) extending its post IPO rally and continuing gains throughout the trading day. She also discusses falling oil prices and Carvana's (CVNA) expansion into a new ca...
US crude stocks fall for ninth straight week, sources say
U.S. crude oil inventories fell for a ninth straight week last week, according to market sources citing American Petroleum Institute data released on Tuesday, while gasoline stocks rose.
Oil Falls Below $80 For First Time in More Than Three Months
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street...
Potential Tropical Cyclone One forms off Texas coast, threatening dangerous flash flooding
Potential Tropical Cyclone One has formed off the Texas coast, the U.S. National Hurricane Center said in a Tuesday advisory, warning of heavy rainfall and dangerous flash flooding along the energy c...
U.S.-Iran deal allows Tehran to immediately sell oil, WSJ reports
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end war, the Wall Street Journal reported on Tuesday, cit...
ECB's Lane says oil prices closer to baseline scenario after Iran deal
The announced agreement between the United States and Iran has brought down oil prices to somewhere between the European Central Bank's baseline and its mild scenario, chief economist Philip Lan...
Fed's First Interest Rate Meeting Under Warsh Begins as Crude Oil Trickles Lower
A memorandum of understanding between the U.S. and Iran is moving toward a Friday signing. Kevin Hincks believes it will offer reprieve to markets concerned of heightened inflation, expecting crude oi...
Spot oil premiums slip to pre-war levels after US-Iran deal, but shipping angst provides floor
Spot premiums for crude and some refined products in Asia have fallen back to pre-war levels following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping ...
Jeff Currie Says Hormuz Flows May Not Normalize Until End of the Year
Jeff Currie, executive co-chairman at Abaxx Markets, says “the uncertainty remains quite high” around the Strait of Hormuz as maintaining the US-Iran ceasefire will be challenging. Currie looks at wha...
The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels
Risks to oil price assumptions in the event of a finalized peace deal are two-sided but the Goldman Sachs report notes that the global economy adjusted very flexibly to the largest oil production shoc...
Exclusive: The U.S. is using an Iranian smuggling tactic to sneak oil out of the Gulf
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guid...
Natural Gas and Oil Forecast: Truce Stability Fuels Technical Recovery — What's Next for Oil & NatGas?
One month-plus into the truce, supply-demand dynamics support constructive price action. WTI rebounds off channel floor at $80.09, Brent holds $82.41, and Natural Gas trades at $3.170 with positive mo...
Oil Price Forecast: WTI Tests $80 as Brent Falls on US-Iran Deal
Oil prices remain under pressure after the preliminary US-Iran deal reduced part of the geopolitical risk premium, but slow shipping activity through the Strait of Hormuz keeps WTI and Brent near key ...
Former Energy Secretary predicts ‘DRAMATIC' price drop if Strait of Hormuz fully reopens
Former Energy Secretary Dan Brouillette discusses how a U.S.-Iran deal could impact energy markets and why enforcing a reopening of the Strait of Hormuz is critical on ‘Kudlow.'
Oil rebounds on concerns about US-Iran peace deal, restoration of supply
Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the resumption of supply through the key ...
OIL OUTLOOK: What's next for prices after US-Iran deal?
Lipow Oil Associates president Andy Lipow discusses the impact of the U.S.-Iran deal and the reopening of the Strait of Hormuz on oil prices on ‘The Claman Countdown.'
U.S. gasoline slips below $4 a gallon for first time since April
U.S. average retail gasoline prices dipped below $4 a gallon for the first time since mid-April, as optimism grew that a preliminary deal between the U.S. and Iran would lead to the reopening of the...
US Oil Reserve Hits 43-Year Low as Trump Tries to Limit Iran Fallout
Bob McNally, president of Rapidan Energy Group, said that countries across the world are going to up their demand for oil to fill strategic reserves depleted by conflict in Iran and the closure of the...
The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983
The U.S. Strategic Petroleum Reserve has fallen to the lowest level in more than 40 years, according to the Department of Energy. Oil executives have warned that global inventories are rapidly depleti...
Oil prices plunge to lowest levels since early March after Trump signs Iran deal
Oil prices fell to lowest levels since early March after President Donald Trump announced a preliminary U.S.-Iran agreement aimed at ending the war and reopening Hormuz.
How the Strait of Hormuz reopening could unfold if the U.S.-Iran deal is implemented
Ships transiting the Strait of Hormuz could rise to nearly 50% of prewar levels within 30 days of the U.S.-Iran deal, according to Kpler. There are an estimated 118 tankers stuck in the Persian Gulf t...
It could take years for oil prices to return to $67 a barrel. Here's why.
The U.S. and Iran have reached a tentative deal to extend their ceasefire by 60 days and reopen the Strait of Hormuz, but it will take an excess of global crude supplies and lower shipping costs for t...
Citi cuts Brent forecasts as U.S.-Iran MoU points to Strait of Hormuz flow normalization
Citi on Monday cut its average Brent crude forecasts to $75 and $70 per barrel for the third and fourth quarters of 2026, respectively, citing expectations that the Strait of Hormuz trade flows will...
Stocks of oil in US Strategic Petroleum Reserve falls to lowest since 1983
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 340.3 million barrels, the lowest level since 1983, according to data from the Department of Energy.
Kilduff: The bigger question from the Iran deal is how quickly countries can ramp up production
Again Capital's John Kilduff discusses the longer-term impact of the deal to end the Iran war on energy prices, and timing for shipping through the Strait of Hormuz to return to normal levels.
Explainer: Middle East oil and gas output will take months to fully recover
A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows.
Oil prices sink to lowest levels in months after Trump touts Iran deal to reopen Strait of Hormuz
Crude oil prices sank to their lowest levels in months following President Trump's announcement of an agreement with Iran to reopen the Strait of Hormuz.