iShares U.S. Oil & Gas Exploration & Production ETF (IEO)
| Assets | $540.33M |
| Expense Ratio | 0.38% |
| PE Ratio | 15.47 |
| Shares Out | 4.75M |
| Dividend (ttm) | $2.35 |
| Dividend Yield | 2.01% |
| Ex-Dividend Date | Mar 17, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 31.11% |
| Volume | 28,619 |
| Open | 115.85 |
| Previous Close | 116.35 |
| Day's Range | 115.81 - 117.63 |
| 52-Week Low | 84.22 |
| 52-Week High | 130.50 |
| Beta | 0.44 |
| 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
74.05% of assets| Name | Symbol | Weight |
|---|---|---|
| ConocoPhillips | COP | 18.55% |
| Valero Energy Corporation | VLO | 9.68% |
| EOG Resources, Inc. | EOG | 9.35% |
| Devon Energy Corporation | DVN | 8.24% |
| Phillips 66 | PSX | 7.50% |
| Diamondback Energy, Inc. | FANG | 5.14% |
| Marathon Petroleum Corporation | MPC | 4.88% |
| EQT Corporation | EQT | 3.84% |
| Expand Energy Corporation | EXE | 3.51% |
| Texas Pacific Land Corporation | TPL | 3.36% |
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 32.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.88%.
News
Gold firms near $4,700, silver slips as Hormuz talks steady oil - Kitco AM Report
Spot gold prices are firmer and spot silver prices are softer in early U.S. trading Thursday, as traders weigh sticky inflation signals, Treasury yields near the 4.4% area and a still-fragile U.S.-Ira...
China's Xi expressed interest in buying US oil, says White House
President Xi Jinping expressed interest in purchasing more U.S. oil to reduce China's dependence on the Strait of Hormuz during a leadership summit with President Donald Trump, according to a White...
Natural Gas and Oil Forecast: Ceasefire Holds — WTI Reclaims $101, Brent Defends $106 — NatGas Tests $2.89?
With geopolitical risk premium lifted, oil benchmarks show resilience inside ascending channels. WTI bounces strongly above $101 targeting $103, Brent defends $105.96 channel support, while Natural Ga...
Oil Price Forecast: Trump-Xi Talks and Hormuz Risk Keep Brent Above $100
Oil prices remain supported by the Iran war, Strait of Hormuz risks, and Trump-Xi uncertainty, while Brent and WTI technical patterns point to further upside if supply concerns persist.
Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast
With more than 14 million bpd of supply cut, the overall loss from Gulf producers is now over a billion barrels, the IEA said. OPEC production fell by 1.7 million bpd in April and has declined more th...
The world lost nearly 1 billion barrels in oil supply over the past 75 days. Why investors aren't worrying enough.
Global oil prices have climbed by nearly 50% since the the end of February, but the rise pales in comparison to an estimated loss of nearly 1 billion barrels since the start of the Iran war 75 days ag...
Oil Prices Surge as Energy & Travel Costs Climb High
Patrick De Haan (@gasbuddy) explains that oil prices will stay elevated due to infrastructure constraints and tensions involving Iran. Mark Wade says consumers will still travel this summer despite hi...
Global oil shock from Iran war may require ECB hikes, Lane says
A global oil shock from the Iran war may well require the European Central Bank to raise interest rates to stop higher fuel costs from spreading to wages, expectations and broader prices, the ECB's ...
US upstream oil and gas dealmaking hit two-year high in Q1 2026
Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm Enverus said on Wednesday...
PRICE SHOCK: Oil relief could TAKE months even after reopening
American Petroleum Institute CEO Mike Sommers discusses his outlook for gas prices amid the war in the Middle East and high gas prices in California on 'Varney & Co.' 00:00 Global supply and the Strai...
How the U.S. Became the World's Greatest Energy Exporter
The shale boom and wars in Ukraine and Iran have transformed the U.S. into a global energy powerhouse.
Iran, Ukraine wars deliver worst hit in years to oil refining output
Refinery attacks tied to the wars in Iran and Ukraine have knocked out nearly 9% of global oil refining capacity in recent months, deepening a fuel supply crunch and likely delaying recovery by month...
U.S. Crude Oil Inventories Post Third Straight Weekly Drop
U.S. crude oil inventories fell by 4.3 million barrels in the week ended May 8 and were about 0.3% below the five-year average for the time of year, the EIA said. Analysts expected a drop of 2.3 milli...
Crude Oil Price Analysis – Oil Continues to Rally as No Real Progress Likely
With the stalemate, and the lack of any real potential progress, one would have to assume that in this market, if there is a pullback, it is likely a buying opportunity.
OPEC sees slower demand growth this year as production falls more than 30% on Hormuz closure
Oil production among OPEC members has fallen more than 30%, or 9.7 million bpd, since the Iran war started in late February. OPEC also lowered its demand growth forecast for 2026 to around 1.2 million...
Global oil inventories falling at record pace amid Iran war; UK bond recovery fizzles out as Streeting ‘prepares challenge' – business live
IEA warns that mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace
Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"
Oil prices could rise further over the summer as rapidly depleting inventories pile more pressure on the market, the IEA said. The energy agency also flagged further demand destruction as a result of ...
OPEC lowers 2026 global oil demand growth forecast
OPEC on Wednesday lowered its forecast for world oil demand growth in 2026, a copy of its monthly oil report showed, joining other forecasters such as the International Energy Agency that hav...
Natural Gas and Oil Forecast: WTI Above $101, Brent Holds $106.84 — Can NatGas Push Through $2.85?
Oil and Natural Gas settle into technical ranges as the Middle East truce holds. WTI bounces strongly inside its blue channel, Brent finds solid support, and NatGas builds short-term base near $2.85.
Natural Gas and Oil Forecast: WTI Above $101, Brent Holds $106.84 — Can NatGas Push Through $2.85?
Oil and Natural Gas settle into technical ranges as the Middle East truce holds. WTI bounces strongly inside its blue channel, Brent finds solid support, and NatGas builds short-term base near $2.85.
Russia's oil output down 460,000 bpd year-on-year in April, IEA says
Russia's crude oil production declined by 460,000 barrels per day in April from the same month a year ago to around 8.8 million bpd, the International Energy Agency said on Wednesday, as Ukraine rampe...
Global oil supply to plunge below demand this year on Iran war, IEA says
Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency said in its monthly oil market report on Wednesday.
Oil prices slip on teetering Iran ceasefire as Trump heads to China
Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments around the fragile ceasefire in the Iran war and U.S. President Donald Trump headed to China...
EIA Sees Prolonged War in Iran Draining Global Oil Stocks Faster Than Expected
The agency said it expects inventories to decline by 2.6 million barrels a day on average in 2026, compared with its previous estimate of a 300,000 barrels a day decrease.
US government's energy arm assumes Strait of Hormuz will stay shut through late May
The U.S. Department of Energy's statistical arm on Tuesday said it assumes that the Strait of Hormuz will be effectively shut through late May and traffic will resume gradually from next month, prom...
Oil rises as Trump says Iran ceasefire is "on life support"
U.S. President Donald Trump said the ceasefire with Iran is "on life support" after rejecting Tehran's latest counterproposal to end the war. CNBC's Dan Murphy has the latest from Abu Dhabi.
Natural Gas and Oil Forecast: Ceasefire Holds — WTI Reclaims $101, Brent Holds $106 — NatGas Struggles at $2.92?
With geopolitical risks fading, oil benchmarks return to supply-demand dynamics. WTI bounces strongly above $100 targeting $103, Brent defends ascending channel at $106.84, while Natural Gas remains c...
Oil Rose on Middle East Uncertainty; U.S. Inflation Eyed
Oil rose on continued uncertainty that a peace deal will be agreed to any time soon between the U.S. and Iran, after U.S. indexes hit new highs again Monday on rising energy and AI stocks.
European shares fall as fading US-Iran peace hopes lift oil prices
European shares fell sharply on Tuesday as fading hopes of a peace deal between the United States and Iran pushed oil prices higher and weighed on investor sentiment across the region. Markets remaine...
Behind Big Oil's first-quarter beat: The quiet rise of trading desks
Oil and gas giants benefited significantly from their trading desks through the first quarter. These units are specialized divisions that buy, sell and transport physical oil and gas while managing pr...
Oil prices rise as fragile US-Iran talks sustain supply worries
Oil prices rose in early Asian trade on Tuesday as negotiations to end the war between the United States and Iran appeared fragile, with Tehran's response to a U.S. proposal highlighting stark differ...