iShares U.S. Oil & Gas Exploration & Production ETF (IEO)
| Assets | $546.23M |
| Expense Ratio | 0.38% |
| PE Ratio | 15.58 |
| Shares Out | 4.70M |
| Dividend (ttm) | $2.35 |
| Dividend Yield | 2.04% |
| Ex-Dividend Date | Mar 17, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 31.86% |
| Volume | 96,363 |
| Open | 117.06 |
| Previous Close | 117.72 |
| Day's Range | 113.43 - 117.06 |
| 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
74.68% of assets| Name | Symbol | Weight |
|---|---|---|
| ConocoPhillips | COP | 18.65% |
| Valero Energy Corporation | VLO | 10.09% |
| EOG Resources, Inc. | EOG | 9.73% |
| Devon Energy Corporation | DVN | 7.91% |
| Phillips 66 | PSX | 7.81% |
| Marathon Petroleum Corporation | MPC | 5.14% |
| Diamondback Energy, Inc. | FANG | 5.12% |
| EQT Corporation | EQT | 3.64% |
| Texas Pacific Land Corporation | TPL | 3.31% |
| Expand Energy Corporation | EXE | 3.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 17, 2024 | $0.52693 | Dec 20, 2024 |
Performance
IEO had a total return of 35.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.76%.
News
Oil choppy after U.S. completes Iran strikes following Apache helicopter attack
Oil prices rose on Wednesday after the U.S. launched military strikes against Iran. The U.S. military said it had completed strikes against Iranian military targets near the Strait of Hormuz.
Oil rises nearly 1% as US launches new strikes against Iran, supply tightens
Oil prices climbed about 1% on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed anoth...
API shows US crude inventories fell for two straight months, sources say
U.S. crude oil inventories fell last week for an eighth consecutive week, according to market sources citing data from the American Petroleum Institute released on Tuesday, while gasoline stock...
The current 'absolute deficit' of oil could turn into a 'humongous surplus' in 2027: Rystad Energy
Claudio Galimberti, chief economist of Rystad Energy, says the potential "huge oversupply" of oil following the resolution of the Iran war and closure of the Strait of Hormuz is creating a lot of conf...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Ignore Iran's Attack On A U.S. Helicopter
President Trump said that the U.S. will respond to Iran's attack on a helicopter which was patrolling over the Strait of Hormuz.
Oil inventories are headed toward multi-decade lows, US EIA warns
Oil stockpiles in the world's largest economies were headed toward the lowest levels since at least 2003 as top consuming nations tapped inventories at a record pace to plug the loss of over 11 ...
Crude Oil Price Analysis – Oil Continues to See Range Play Out
The oil markets continue to see a lot of noise coming out of the Middle East as per usual, with this market worrying about supply and the latest military strikes. However, it looks like we are winding...
Natural Gas and Oil Forecast: 10 Weeks of Ceasefire — WTI Channel Pressure, NatGas Bullish?
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $89.00, Brent tests channel ...
Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
Iraq and the UAE are fast-tracking alternative pipelines to reduce dependency on the Strait of Hormuz, which remains effectively shut. Oil comprised over half of Iraq's GDP in 2025 as the country rema...
Oil rises slightly as investors await clarity after Iran-Israel halt attacks
Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt to hostilities following an a...
Wavering Iran Tensions & Impacts on Crude Oil, Interest Rates
John Deal and Melissa Armo discuss the Iran conflict and the spike in crude oil futures overnight after the Iran & Israel exchange fire. State media out of Iran says they will pull back military opera...
Monday's Final Takeaways: Oil Rises Amid Tension & NVDA Strengthens Ties
Marley Kayden discusses rising oil prices as tensions between Israel and Iran escalate. Sam Vadas highlights Nvidia's (NVDA) growing ties with South Korea, aimed at securing memory supply and expandin...
Crude Oil Price Analysis – Oil Looking Volatile Yet Again as Missiles Fly
The crude oil markets continue to see a lot of volatility as missiles are flying in the Middle East between the Israeli and Iranian militaries. At this point, the United States seems to be asking for ...
Oil Trims Gains After Iran Says It Ended Attacks on Israel
Oil prices pared gains after Iran said it ended military operations against Israel, easing fears that the latest exchange of fire could derail regional efforts to end the war and reopen the Strait of ...
US airlines fuel costs soared in April to $6.5 billion
U.S. passenger airlines' fuel costs jumped 78% in April to nearly $6.5 billion over the same month last year as the conflict in the Middle East has sharply driven up fuel costs, the U.S. Transp...
Explainer: Why are the Houthis threatening to attack Red Sea shipping and what does it mean for oil markets?
Yemen's Iran-aligned Houthis said on Monday that they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding to concerns about global shipping and ...
China is helping to cushion global oil prices below $100 — but analysts warn it won't last
China's sharp reduction in crude imports since the outbreak of the Middle East war has proved key to easing global price pressures. But Societe Generale warns global price benchmark Brent may need to ...
Oil Rises on Israel-Iran Escalation, U.S. Tech Futures Climb
Oil rose sharply in early European trade after Israel and Iran exchanged waves of attacks in a serious escalation of regional hostilities, threatening the progress of a long-awaited peace deal.
Natural Gas and Oil Forecast: WTI Bounces Off $93 While Brent Tests $97 — NatGas Holding Firm?
Oil and Natural Gas trade with renewed stability as the Middle East truce holds firm. WTI rebounds to $94.62 defending channel support, Brent advances to $97.48, and Natural Gas holds $3.166 with bull...
Oil prices rise more than $2 on Israel strikes on Lebanon
Oil prices were up more than $2 a barrel in early trading on Monday after Israel on Sunday launched strikes on the Beirut area for the first time since the U.S. announced a ceasefire plan f...
OPEC+ set for fourth oil quota hike since Hormuz closure, sources say
OPEC+ is set to agree on Sunday a fourth increase in oil output targets in as many months, three OPEC+ sources said, even though the U.S. war with Iran is still preventing several of the group's memb...
America's crude inventories are getting perilously low. But that's not the full story.
There are growing worries that U.S. commercial oil inventories are too low for comfort as the war with Iran enters its fourth month far from a clear resolution — and a lot hinges on how much longer th...
Goldman Sachs says global oil demand takes big hit, sees risks to price forecast
Goldman Sachs said in a note on Friday that global oil demand has declined more than expected, posing two-sided risks to its fourth-quarter 2026 Brent crude price forecast of $90 a barrel and WTI fo...
Iran's threats against this Red Sea chokepoint are a big vulnerability for the oil market
Iran's Revolutionary Guard threatened this week to close the Bab el-Mandeb Strait, the trade chokepoint at the southern end of the Red Sea. The Bab el-Mandeb has acted as crucial relief valve for the ...
Oil Prices End The Week Lower On U.S.-Iran Diplomatic Moves
Oil prices were in retreat on Friday after having risen for three straight sessions earlier in the week, as diplomatic overtures to bridge differences between the U.S. and Iran continue.
Global oil inventories depleted, next price spike could roil economies, markets
Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another...
Companies to add 40 mln barrels of oil to US SPR after Iran war ends, energy secretary says
Companies that borrowed oil from the U.S. Strategic Petroleum Reserve in recent months will add an extra 40 million barrels of crude in the form of premiums after the conflict in Iran is over, U.S. ...
Crude Oil Price Analysis – Crude Oil Drops with Lack of Headlines
Crude oil drops a bit in early trading on Friday, perhaps due to a lack of major headlines. That being said, this is a market that is still waiting for clarity from the Middle East.